No, you can’t use Remita Direct debit to pay for a loan before it is due. This is because the direct debit would be activated automatically to manage your repayment on the date the loan is due. Remita is programmed to trigger loan repayment only on the due date, not before.
If a borrower wants to repay earlier, they’ll need to explore manual repayment options. This ensures the direct debit system stays reliable for lenders by reducing the risk of double charges or failed reversals.
This is also important for lenders as the setup keeps repayments organized and automated on the exact date they’re due. It also helps avoid accidental double charges or confusion from early deductions. Lenders can guide early-paying customers to manual options, while relying on Remita to handle scheduled repayments.
For instance, a borrower reaches out wanting to repay their ₦200,000 loan a week before the due date to avoid spending the money elsewhere. The lender explains that Remita direct debit is locked to the due date and won’t process the early payment. Instead, the borrower is guided to use another repayment option (e.g. manual bank transfer option).
Once the payment is confirmed, the lender deactivates the scheduled Remita debit to prevent double repayment. This helps the borrower stay financially responsible while the lender avoids unnecessary reversals or support issues.
Also read: Are you still chasing payments? Direct debit can turn your loan collections around