We specialize in stopping online payday
lenders automatic debits from your checking accounts.
Not exact matches
They keep trying to make
automatic debits even if the borrower's bank account balance is negative and the customer has tried to have the
lender's access cut off.
Some
lenders won't send monthly statements for your mortgage payments or allow you to set up
automatic debits from your bank account without a reaffirmation agreement.
The
lender must give you a copy of your authorization of the recurring
automatic debits.
Lenders can not make recurring
automatic debits unless you agree in advance to these transfers from your bank account — and then, only after you get a clear disclosure of the terms of the transaction.
Some
lenders may also offer rate discounts for signing up for
automatic debit payments or for having other accounts with the bank.
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.
The only way you can try to lower your monthly student loan payment with a private
lender is to set up
automatic payment
debits from your checking account.
Many private student
lenders also offer small reductions in interest or other benefits for consecutive on - time or
automatic debit payments.