How can I repay my FastForward line of credit early?

How to repay the outstanding balance before the due date.

In the MoneyUp app, tap “Pay early” on the FastForward screen.

Choose the amount you would like to repay and follow the prompts on the screen to have these funds withdrawn from your linked bank account.

There is no penalty or fee for making an early repayment unless there isn’t enough money in your account to process the transaction. Make sure your account has enough funds beforehand to avoid any issues.

© 2024 MoneyUp. All rights reserved.

Financial Implications - MoneyUp offers the FastForward Line of Credit to Alberta residents only to a maximum APR (Annual Percentage Rate) of 30.4%.  Approvals are subject to MoneyUp’s review and underwriting guidelines which are subject to change at any time.


Here’s how a representative example of how the APR is calculated: A $500 FastForward Line of Credit advanced for 1 month at 0% interest, a one-time Transaction Fee of 2.5% for a total repayment including the Transaction Fee of $512.50. This total repayment assumes money is advanced with no optional service fees or default fees charged.

© 2024 MoneyUp. All rights reserved.

Financial Implications - MoneyUp offers the FastForward Line of Credit to Alberta residents only to a maximum APR (Annual Percentage Rate) of 30.4%.  Approvals are subject to MoneyUp’s review and underwriting guidelines which are subject to change at any time.


Here’s how a representative example of how the APR is calculated: A $500 FastForward Line of Credit advanced for 1 month at 0% interest, a one-time Transaction Fee of 2.5% for a total repayment including the Transaction Fee of $512.50. This total repayment assumes money is advanced with no optional service fees or default fees charged.

© 2024 MoneyUp. All rights reserved.

Financial Implications - MoneyUp offers the FastForward Line of Credit to Alberta residents only to a maximum APR (Annual Percentage Rate) of 30.4%.  Approvals are subject to MoneyUp’s review and underwriting guidelines which are subject to change at any time.


Here’s how a representative example of how the APR is calculated: A $500 FastForward Line of Credit advanced for 1 month at 0% interest, a one-time Transaction Fee of 2.5% for a total repayment including the Transaction Fee of $512.50. This total repayment assumes money is advanced with no optional service fees or default fees charged.

© 2024 MoneyUp. All rights reserved.

Financial Implications - MoneyUp offers the FastForward Line of Credit to Alberta residents only to a maximum APR (Annual Percentage Rate) of 30.4%.  Approvals are subject to MoneyUp’s review and underwriting guidelines which are subject to change at any time.


Here’s how a representative example of how the APR is calculated: A $500 FastForward Line of Credit advanced for 1 month at 0% interest, a one-time Transaction Fee of 2.5% for a total repayment including the Transaction Fee of $512.50. This total repayment assumes money is advanced with no optional service fees or default fees charged.