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Automatic Loan Payments
Automatic loan payments make it easier and faster to make your loan payment. You will never have to worry about missing or forgetting payments, mailing a payment just a few days late or having a payment get lost in the mail. All of which can result in late fees, and potential damage to your credit score.
- Automatic loan payments are reliable, accurate, on time and confidential while eliminating late payment fees.
- OHecu offers lower interest rates on loans to encourage you to sign up with Automatic Loan Payments.
- Your automatic loan payment can be drawn from your account at OHecu or your account at any other financial institution.
A signed form is required to set up Automatic Loan Payments. You can print and complete the Automatic Loan Payment form and mail it or bring it into an OHecu office.