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How are the Payoff Loan™ funds deposited?

The Payoff Loan funds can be deposited in two ways depending on eligibility and preference: directly into your personal bank account or directly to your credit cards.

 

If the Payoff Loan funds are deposited directly into your personal checking or savings account, you should see the funds up to 10 business days after you eSign your final documents. Once the funds are in your personal checking account you can kiss your credit card debt goodbye and move forward to financial freedom! 

 

If the Payoff Loan funds are deposited directly to your credit cards, you should see the funds reflected on your card(s), within 30 days after you eSign your final documents. If there are any funds that are not allocated directly to your credit cards, they will be deposited to your personal checking account up to 10 business days after you eSign.

 

Has it been longer than these timelines? Let us know!