Is there a penalty for early repayment?

Nope!

We love responsible spending. You can make partial payments or payoff the remaining balance at any time, and doing this is one of the ways you can improve your profile with Gratify, unlocking greater purchase levesl for furture purchases. There are no penalties or fees for early repayments. 

To pay off your current balance, log into the Gratify Portal and select the plan you want to pay off. You will have the option to either make a partial prepayment or pay off your agreement in full.