Singer IU resigned her contract with her agency Loen Entertainment, keeping her '7 year' loyalty.

"With IU's contract ending in September, we successfully extended the contract," said Loen Entertainment on Wednesday.

"We had been discussing the issue of renewing the contract since April. IU decided to stay in Loen Entertainment for another 3 years and nothing much has changed from her previous contract," they continued.

IU had debuted in 2008 through Loen Entertainment as the agency's first singer- and has grown into a female singer that everyone loves.

Loen said, "Loen and IU both will try our best to help each other grow."