What are Kizzo’s interest rates and fees?

All Kizzo loans have a fixed annual interest rate of 31.99% APR. This rate applies to every approved Kizzo loan.

Before submitting your loan application, you will clearly see:

• Your loan amount
• Your repayment schedule
• The total cost of borrowing
• The total amount you will repay

You can review all of these details before deciding whether to move forward.

How is Interest Calculated?

Interest is calculated daily and added to your loan balance based on the amount you still owe.

Because interest accrues daily:

• The longer your balance remains unpaid, the more interest you will pay.
• Paying off your loan early will reduce the total interest charged.

Are Kizzo Loans Open?

All Kizzo loans are open loans. This means you can:

• Pay off your loan in full at any time
• Make additional payments toward your balance
• There are no prepayment penalties.

If you repay your loan early, you will save money on interest since interest only applies to the time your balance is outstanding

Are There Any Other Fees?

The only additional fee Kizzo charges is a $45 Non-Sufficient Funds (NSF) fee if a scheduled payment is returned by your bank due to insufficient funds. There are no origination fees and no hidden fees.