What is Personal Loan Direct Pay?
Take a proactive approach to paying off your credit card(s) or personal loan(s) debt. Instead of paying the card(s) and loan(s) yourself, we’ll pay them for you with your loan using Direct Pay.
What creditors can you pay using Direct Pay?
We accept thousands of creditors and lenders, so go ahead and try adding your card(s) and/or personal loan(s). However, at this time we can’t help you pay down mortgages, auto loans, or student loans using Direct Pay.
Are you required to use Direct Pay?
You are not required to use Direct Pay and can choose to have the funds directly added to your bank account.
When will your cards get paid?
It typically takes up to 10 business days for your credit card company/companies or personal loan(s) lenders to apply the funds after your loan is signed. You will be responsible for making all required payments to avoid credit card fees.
Do you have to send all of the loan funds to your existing credit card(s) or personal loan(s)?
No, you do not have to send all of the loan funds to your existing credit card(s) or personal loan(s). Any loan funds that are not allocated to your credit card(s) or personal loan(s) will be deposited to your bank account.
How much can you pay?
You can only pay as much as you’ve been approved for, but you can choose the amount that you pay to each of your credit cards.