To set up automatic payments for a loan, select the available loan bill within the Community Development Loans dashboard, and click the AutoPay "Set Up" button.
The AutoPay settings allow you to select monthly or weekly payment frequency. The monthly option can be set for a specific day (ie. the 1st, 15th, or 30th day of the month), and the weekly option can be set for any day Monday - Sunday.
Enter a payment amount for each automatic payment, set a payment method, and click "Create an AutoPayment" to save your settings.
Your next AutoPay date will display on your loan details, and we'll send you a reminder email before the payment is processed.