Defined term
Solar loan prepayment
CFPB defines prepayment as paying all or part of a loan before the payment is due.
economics · Concept code GS-CONCEPT-146 · Last verified August 28, 2026
Evidence through 2025-01-23 · 0 sources have no source-event date
Content modified 2026-08-28
Definition and decision context
Definition
CFPB defines prepayment as paying all or part of a loan before the payment is due.
Verified August 28, 2026
Why it matters
CFPB’s solar-financing report discusses expected prepayment and re-amortization in some solar-loan structures, not as a term shared by every loan.
Verified August 28, 2026
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Learning navigation
Primary topic: Finance
Broader topic
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Primary sources
- Consumer Financial Protection Bureau: CFPB Financial terms glossary — Principal, Prepayment, Prepayment penalty, Secured loans, and Collateral
Revision CFPB glossary modified January 23, 2025 · Source event as of January 23, 2025 · Ontology accessed August 28, 2026 · Ontology verified August 28, 2026
- Consumer Financial Protection Bureau: CFPB Issue Spotlight: Solar Financing — loan principal, APR, prepayment, secured financing, and home-sale discussion
Revision CFPB Issue Spotlight: Solar Financing · Source event as of August 7, 2024 · Ontology accessed August 28, 2026 · Ontology verified August 28, 2026