25 CFR § 141.37 - Prepayment.

---
identifier: "/us/cfr/t25/s141.37"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "25 CFR § 141.37 - Prepayment."
title_number: 25
title_name: "Indians"
section_number: "141.37"
section_name: "Prepayment."
chapter_name: "BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR"
subchapter_number: "G"
subchapter_name: "FINANCIAL ACTIVITIES"
part_number: "141"
part_name: "BUSINESS PRACTICES ON THE NAVAJO, HOPI AND ZUNI RESERVATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 25 U.S.C. 2 and 9; and Sec. 701, Pub. L. 114-74, 129 Stat. 599, unless otherwise noted."
regulatory_source: "40 FR 39835, Aug. 29, 1975, unless otherwise noted. Redesignated at 47 FR 13327, Mar. 30, 1982."
cfr_part: "141"
---


# 141.37 Prepayment.

(a) Subject to the provisions of paragraph (b) of this section, the pledgor may prepay in full or in any part the unpaid balance of a loan at any time without penalty.

(b) When a loan is prepaid the lender may collect the earned portion of the finance charge or may charge an administrative fee not to exceed ten percent (10 percent) of the unearned finance charge or two dollars ($2) whichever is greater.