{"data":{"id":"us/5-cfr-1655.17","jurisdiction":"us","citation":"5 CFR 1655.17","heading":"Prepayment.","body":"(a) A participant may repay a loan in full, without a penalty, at any time before the declaration of a deemed distribution or loan foreclosure under § 1655.15. Repayment in full means receipt by the TSP record keeper of a payment, by check or guaranteed funds made payable to the Thrift Savings Plan or via loan direct debit repayments, of all principal and interest due on the loan.\n(b) If a participant returns a loan check to the TSP record keeper, it will be treated as a repayment; however, additional interest may be owed, which, if not paid, could result in a deemed distribution. The loan, even though repaid, will also be taken into account in determining the maximum amount available for future loans, in accordance with § 1655.6(b).\n(c) The amount outstanding on a loan can be obtained from the TSP website, the ThriftLine, or by a written request to the TSP record keeper.","path":["Title 5—Administrative Personnel","CHAPTER VI—FEDERAL RETIREMENT THRIFT INVESTMENT BOARD","PART 1655—LOAN PROGRAM"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-5.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:23:53Z","sha256":"073796a31534cfdfbbb9eb5be0fc89d460c4e688311239c938dfa2c4954e8d05","source_id":"us-cfr","stale":true,"prev":"us/5-cfr-1655.16","next":"us/5-cfr-1655.18"},"notice":"GroundRules: Original legal text. Not legal advice."}