Lower your total student loan cost — get a 0.25
percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.
Lower your total loan cost — get a 0.25
percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.
Not exact matches
Automatic Payment Discount Disclosure: During periods
when payments are due, you will be eligible to receive a 0.25
percentage point interest rate reduction on your loan by authorizing our loan servicer to automatically deduct your payments each month from any bank account you designate.
2 Autopay Benefit: During Periods
when payments are due, borrowers are eligible to receive a 0.50
percentage point interest rate reduction on their loan by authorizing our loan servicer to automatically deduct payments each month from the borrower's bank account.
The premium
reduction is not huge — just one quarter of 1
percentage point off the previous charge — but it will lower FHA monthly mortgage payments at a time
when the rest of the market is trending costlier because of rising
interest rates.