In the UK, you can usually repay a personal loan early, but ask the lender for an official settlement figure before sending money. This should show the remaining balance, any interest rebate and any permitted early-repayment charge; some regulated agreements allow limited compensation, depending on the amount repaid and time left. Do not assume your normal outstanding balance is the settlement figure, as interest may be calculated differently. Check your credit agreement and compare the saving with any charge, contacting the lender or an FCA-authorised financial adviser if the terms are unclear.