Hello, I am happy to answer your question. Loan settlement represents an act that your loan has been paid off. Repaying the debt means that you have a corresponding loan on a certain platform or a certain institution and then repay it on schedule. This is repayment of the loan in advance. This generally means that after the loan term is longer, you will have money to repay it in advance. This is called early repayment. I hope my answer can help you?