Just a note to those who are not aware.

Harmoney takes its cut of the payment protect fees up front. Should the borrower repays the loan early, they are entitled to a refund of their fees. That refund (including Harmoney's portion) comes from us investors. So you probably are out of pocket with early repayments.

Time will tell if it still works out okay for us investors in the long run. It all depends on how many payments are waived and how much is the percentage of early repayments.