Repayment of loan

The borrower can make online payments on car loans. To do this, they must go to the company's website and choose the appropriate payment method. The borrower can pay the loan with a business, personal check, or credit card. Most AUTOPAY partner lenders also offer automatic payments, which are made by automatic ACH debit from the borrower's checking bank account. 

For quick repayment of the loan, the borrower can:

• Make biweekly payments if the lender gives such an opportunity;
• Make an extra payment in the amount of a monthly payment once a year;
• Round up the number of payments. For example, if the monthly payment is $578, it is recommended to pay $600.

Early payoff

The borrower can make early payments on the loan. AUTOPAY does not charge any prepayment fees. However, early payments do not allow the borrower to avoid or reduce the interest payment. Even if they pay the entire loan amount in one payment, they still have to pay the amount of interest that would have accumulated at the end of the loan.