How do repayments work?

MARCH 10, 2026 ・ LOAN MANAGEMENT & REPAYMENTSHow do repayments work?

When your Kizzo loan is approved, your repayment plan will be clearly outlined in your loan agreement.You will see:

  • Your payment amount

  • Your payment frequency

  • Your first payment date

  • Your final payment date

You’ll also have the opportunity to review this information before submitting your loan application.

How are payments made?

All Kizzo loan payments are made through automatic debit (pre-authorized payments) from the bank account you provided during your application.This means your scheduled payments will be automatically withdrawn on your agreed payment dates.It’s important to ensure sufficient funds are available in your account on each payment date to avoid a returned payment fee.

How often are payments scheduled?

Payments may be scheduled:

  • Weekly

  • Bi-weekly

  • Semi-monthly

  • Monthly

Your payment frequency will be shown in your loan details before you submit your application.

Where can I see my payment dates?

Once your loan is approved, you will receive access to your loan management platform, which is automatically activated after approval.Through this platform, you can:

  • View your payment schedule

  • See upcoming payment dates

  • Review your remaining balance

  • Update your bank information

  • Track your loan progress, and more!

We recommend checking your account regularly to stay informed about your payments.

Where can I see my payment dates?

Once your loan is approved, you will receive access to your loan management platform, which is automatically activated after approval.Through this platform, you can:

  • View your payment schedule

  • See upcoming payment dates

  • Review your remaining balance

  • Track your loan progress

We recommend checking your account regularly to stay informed about your payments.

Can I update my banking information?

Yes.You can securely update your banking details directly through your loan management platform. If you need to make a change, we recommend doing so before your next scheduled payment date.

Can I pay off my loan early?

Yes. All Kizzo loans are open loans, which means you can:

  • Pay off your loan in full at any time

  • Make additional payments toward your balance

There are no prepayment penalties. Because interest is calculated daily, paying off your loan early will reduce the total interest you pay.

kizzo

KIZZO Team

MARCH 10, 2026