How do I pay off my loan?

If you plan to pay off your loan at maturity, simply allow your autopayment to process as usual. The final payment will include any outstanding interest plus a balloon payment for the remaining principal.

If you'd like to refinance, you can apply for a new loan of equal or greater value before your current loan reaches maturity. Once the new loan is funded, you can use the proceeds to pay off the original balance.

We also offer rollover options for customers in good standing. If you're interested in rolling over your loan instead of refinancing, please reach out to loans@milo.io to submit your request.


Related questions

Are there late fees if I miss a payment?

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1-888-433-6456 (MILO)

545 NW 26th Street, Suite 200
Miami, FL 33127

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Milo Credit, LLC is a direct lender and licensed under NMLS #1811449.
Loans made or arranged pursuant to a California Finance Lenders Law License 60DBO-128284. Not available in all states. Equal Housing Lender. NMLS Consumer Access

EQUAL CREDIT OPPORTUNITY ACT NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has, in good faith, exercised any right under the Consumer Credit Protection Act. The Federal Agency that administers Milo Credit’s compliance with this law is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.