Loan foreclosure means paying off your loan in full before the tenure ends, saving on future interest payments.
✅ Save on Interest Costs
✅ Improve Your Credit
Score
✅ Lower Financial Stress
✅ Free Up Monthly Budget
✔ If you have extra funds
without affecting
savings
✔ If the interest rate is
high
✔ If prepayment penalties
are low
✔ If it helps improve your
financial health
❌ Prepayment Penalty
(Some lenders charge fees
for early closure)
❌ Loss of Tax Benefits
(For home & education loans)
❌ Impact on Liquidity
(Draining savings may cause
cash flow issues)
Foreclose if:✔ You can afford it without financial strain✔ The savings on interest outweigh penalties✔ You have no high-interest debts to clear first
Whether you need an instant loan, financial planning, or easy access to credit, CASHe has you covered. Take control of your financial future today with our seamless, user-friendly app.