* Special Loan Discounts —
Automatic Loan Payment Offer Customers with any personal Webster Checking Account are eligible to receive an automatic payment rate discount on Home Equity Loans and Lines, Mortgages and Personal Loans.
Not exact matches
Interest rate reductions on refina nc e d
loans and private
loans are
offered to borrowers who agree to an
automatic withdrawal of
payments, or autopay.
For example, SoFi
offers a 0.25 % discount off your student
loan or student
loan refinancing rates when you sign up for
automatic payments.
Features: OppLoans
offers the same kind of features that LendUp does, including direct deposit into your checking account,
automatic withdrawals for paying the
loan back,
payment extensions and no penalty for early payoff.
Earnest
offers a mobile app that makes it easy for borrowers to monitor your repayment From the app, borrowers can check the principal
loan balance, the next
payment due date, and they can set up
automatic payments (another perk of Earnest).
Most lenders
offer the option of signing up for
automatic payments for your student
loans and this is an excellent way to save money on them.
Financiers will often
offer a personal
loan rate discount to lenders who enroll in
automatic payments or meet other requirements.
Wells Fargo, for instance,
offers a personal
loan rate discount of 0.50 % for borrowers with a qualifying Wells Fargo consumer checking account and enrollment in
automatic payments.
A lot of private student
loan companies
offers a 0.25 % interest rate reduction when you sign up for
automatic payments.
They
offer benefits such as interest rate reductions with
automatic payments, interest rebates when you make your
payments on time, and interest rate reductions for Cornerstone Direct Consolidation
loans.
The only reason I am on the fence is because since I have changed to
automatic, I've bumped up my
payments (as opposed to my minimum so that I mentally plan for the larger deduction as if I have no choice) and my
loan companies
offered me.25 % deduction since it is set up as
automatic.
Features: Rise
offers the same kind of features that LendUp does, including direct deposit into your checking account,
automatic withdrawals for paying the
loan back,
payment extensions and no penalty for early payoff.
Bank: A depository institution chartered under federal and state regulations that
offers services such as checking accounts, savings accounts, consumer
loans, safe - deposit boxes, investment services and
automatic payment of bills.
Lenders who sell their
loans to MOHELA typically
offer repayment incentives that include a 2.5 % interest rate reduction for
automatic direct debit of monthly
payments.
Lenders who sell their education
loans to LELA typically
offer repayment incentives that include 0 % origination fees, 0 % default fees, a 0.25 % interest rate reduction for
automatic direct debit of monthly
payments, and a 3 % interest rate reduction after 36 months of on - time
payments.
Lenders who sell their student
loans to NELNET typically
offer repayment incentives that include a 1 % reduction in origination fee, a 3.33 % reduction of the principal
loan balance after making 30 consecutive on - time monthly
payments, and a 0.25 % interest rate reduction for
automatic direct debit of monthly
payments.
Lenders who sell their student
loans to SSSC typically
offer repayment incentives that include a 0 % origination fee, a 0 % default fee, and a 0.25 % interest rate reduction for
automatic direct debit of monthly
payments.
Lenders who sell their
loans to IDAPP typically
offer repayment incentives that include a 1 % origination fee rebate at repayment, a 0.25 % interest rate reduction for
automatic direct debit of monthly
payments, a 1 % interest rate reduction after 24 months of on - time
payments and an additional 1 % interest rate reduction after the next 24 months of on - time
payments.
Lenders who sell their
loans to UHEAA typically
offer repayment incentives that include a 0 % default fee, a 0 % origination fee, a 1.25 % interest rate reduction for
automatic direct debit of monthly
payments, and a 2 % interest rate reduction after 48 months of on - time
payments.
They
offer Stafford and PLUS education
loans through participating lenders and provide a 0.25 % interest rate reduction for
automatic direct debit of monthly
payments as a repayment incentive.
Lenders who sell their
loans to College Invest typically
offer repayment incentives that include origination fee reductions of up to 3 %, a 0.25 % interest rate reduction for
automatic direct debit of monthly
payments, a 1 % interest rate reduction after 24 months of on - time
payments and an additional 1 % interest rate reduction after the next 24 months of on - time
payments.
Lenders who sell their student
loans to OSLA typically
offer repayment incentives that include a 1 % rebate of
loan principal after entering repayment and making the first three monthly
payments on - time, a 1.5 % interest rate reduction after making the first 12 monthly
payments on - time, and a 0.33 % interest rate reduction for
automatic direct debit of monthly
payments.
Lenders who sell their student
loans to Chela typically
offer repayment incentives that include origination fee reductions of up to 3 %, a 1.5 % discount for borrowers with
loan balances of $ 7,500 or more at repayment, and a 0.25 % interest rate reduction for
automatic direct debit of monthly
payments.
Many
loan servicers
offer a 0.25 % interest rate reduction for any borrower that enrolls in
automatic payments.
Plus, we
offer easy terms, the option of
automatic payments through payroll deduction or direct deposit, online
loan applications, plus quick
loan decisions and funding.
Wells Fargo
offers additional relationship discounts to private student
loan borrowers, above and beyond the
automatic payment interest rate reduction.
Additionally, NetCredit
offers the customer an
automatic payment option, so the borrower won't forget to pay their
loan payment.
Any wording that gives banks the right to collect a consumer's future wages or earnings to cover a
loan default — some creditors may want you to agree to have money automatically deducted from your paychecks if you fall behind on
loan or debt
payments, but creditors are allowed to
offer this option only under the condition that you can cancel
automatic deductions at any time
Another great perk Citizens Bank
offers is the option to reduce interest rate by 0.25 % for enrolling in
automatic payment and another 0.25 % for those borrowers who have an existing account at the time of the student
loan application.