Stopping Loans

If you are a lender, for whatever reason you wish, you can stop loans. Stopping loans will:

  • Disable regularly scheduled payments,
  • Stop service fees from being generated, and
  • Will prevent loan updates from being sent to yourself or the borrower

Note: You cannot undo the stopping of a loan!

If you wish to stop a loan permanently you can visit the loan an in the top right you will see a stop payments button, as pictured here:

You will be prompted to confirm your decision via the following dialog box:

Click "Yes, Stop It!" if you wish to continue and you'll be done. No more payments can made at this point.

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