Lender
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

3.7
(20 Ratings)

BMG Money PayOff

Advertiser Disclosure

Repaying BMG Money loans is straightforward and convenient. Borrowers can make payments online by logging into their account on the BMG Money website or through the mobile app. Payments are automatically deducted from paychecks, ensuring timely repayments. Alternatively, users can manually make payments by selecting the "Make a Payment" option and following the provided instructions. This process ensures ease and consistency in managing loan repayments.

bmg money. repay

Make Payments Online Through the Bank Account

  1. Visit Website. Go to the BMG Money website.

  2. Click Log In. Click on the "Log In" button.

  3. Log In. Log in to your account using your email and password.

  4. Select Payment. Select the "Make a Payment" option.

  5. Follow Instructions. Follow the on-screen instructions to complete your payment.

Make Payments Through the App

  1. Open The App. Open the BMG Money app on your device.

  2. Log In. Log in to your account using your email and password.

  3. Find Payment Button. Locate and select the "Make a Payment" button.

  4. Follow Instructions. Follow the on-screen instructions to complete your payment.

Make Payments Through a Different Bank

  1. Obtain Payment Details. Gather all necessary information, including your loan account number and the BMG Money account details where the payment should be sent.

  2. Log in to Your Bank Account. Access your bank’s online banking portal by logging in with your credentials.

  3. Set Up a New Payee. Navigate to the bill pay or transfer section of your bank's website. Select the option to add a new payee and enter the BMG Money payment details, including the bank account number and routing number.

  4. Schedule the Payment. Choose the payment date and enter the amount you wish to pay. Confirm the details and schedule the payment. You can choose to make a one-time payment or set up recurring payments if your bank supports this feature.

  5. Confirm and Track the Payment. After scheduling the payment, confirm the transaction. Keep an eye on your bank account to ensure the payment is processed and funds are deducted.

Via ATM

  1. Locate an ATM. Find an ATM that supports loan payments. Some banks and financial institutions offer this service.

  2. Insert Your Debit Card. Insert the debit card linked to your bank account into the ATM.

  3. Select the Payment Option. Navigate through the ATM menu and select the option for making bill payments. 

  4. Enter Payment Details. Provide the necessary details, such as your BMG Money account number. You might also need to enter the amount you wish to pay.

  5. Confirm and Complete the Transaction. Review the payment details for accuracy. Confirm the transaction to complete your payment.

Additional Resources

FAQ

Can I make additional payments with BMG Money?

With BMG, additional payments can be made online and free of charge. To transfer them, log in to your BMG Money account, select "Make a payment", and create the payment. Note that you can also make future scheduled payments by calling the payments department at +1 (866) 299-0211. Take into account that it generally takes two days to process the payment and debit the bank account.

Can I make BMG Money payments with a credit card?

The company does not take payments via credit card.

Can I increase my BMG Money payment amount?

You can not change the payment amount after signing the promissory note. However, you can make additional payments through your BMG account or by calling the company's payments department at +1 (866) 299-0211.

Offers
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

3.74
(20 Ratings)
Recommended FinScore™
0
300
650
1000
$500-$10,000
Rate
i

Interest rate

up to 36%
Term
i

Loan term for the financial product

up to 36 months
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
500.00 – 12000.00 $
Rate
i

Interest rate

19.99 – 35.99 %
Term
i

Loan term for the financial product

6 months – 48 months
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
500.00 – 10000.00 $
Rate
i

Interest rate

19.99 – 35.99 %
Term
i

Loan term for the financial product

6 months – 36 months
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
500.00 – 10000.00 $
Rate
i

Interest rate

19.99 – 35.99 %
Term
i

Loan term for the financial product

6 months – 36 months
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Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
2000.00 – 100000.00 $
Rate
i

Interest rate

6.34 – 35.89 %
Term
i

Loan term for the financial product

2 months – 72 months
Apply
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
100.00 – 4000.00 $
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

3.93
(20 Ratings)
Recommended FinScore™
0
300
650
1000
450.00 – 12000.00 $
Rate
i

Interest rate

27.50 – 81.29 %
Term
i

Loan term for the financial product

6 months – 1399 days
Apply
Calculate loan payments in BMG Money

BMG Money calculator will allow you to calculate an approximate payment schedule for the loan

BMG Money calculator
Interest rates are given in accordance with the rates of the BMG Money of 15.09.2024
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BMG Money reviews 2024
Leave feedback
4.8
Pros
The representative I dealt with was extremely knowledgeable and helpful, taking time to thoroughly assist me with my needs.
Complain
4.8
Pros
Incredible service – I received the money almost instantly, within mere seconds!
Complain
4.6
Pros
My representative, Steve, displayed exceptional professionalism. He explained everything in detail, both professionally and courteously, guiding me through the process efficiently.
Complain
2.4
Cons
I currently have an outstanding loan, and a few months back, I observed that the requirement for refinancing shifted from four consecutive payments to six, which wasn't a major issue for me. However, upon checking recently, I found that it now stipulates a need for ten total payments. I've attempted to contact the company to understand the reason for these changes, but it's been impossible to connect with anyone over the phone or to communicate with a live person via chat.
Complain
4.8
Pros
The process was straightforward, and the approval came quickly. I'll certainly use their services again.
Complain
4.4
Pros
I'm grateful for the hard work and effort this company has invested in assisting me with my financial needs.
Complain
4.2
Pros
It's definitely not a scam, but requesting additional funding can be a bit irritating. I assumed it would be straightforward since they already had my information and were receiving allotment payments. The first time I applied for extra funds, I even took screenshots showing all the required information, but my application was repeatedly rejected, leading me to give up. The second time around, I simply saved a statement as a file and uploaded it, resulting in approval within minutes. Now that I understand the correct way to apply, it shouldn't be difficult to request more funds in the future. Apart from that initial frustration, the overall process was quick and simple, with the funds being deposited in less than 24 hours.
Complain
1.8
Cons
I am not responsible for the $11k debt attributed to me by BMG Money. The home address and employment details they have are incorrect; I have never lived at that provided address. Additionally, BMG Money's loans are extended to Postal employees, and I have never worked in that capacity.
Complain
2.4
Cons
I've been communicating with this company for nearly 11 days now, yet there's still no solution to my issue. The problem arises when I attempt to link my work account, which seems to be an issue on their end. If there's an unwillingness to approve an application, I'd prefer straightforward communication. Unfortunately, this company isn't quick to approve loans; I've waited patiently, but to no avail.
Complain
4
Pros
My experience was extremely pleasant, and the representative made the process incredibly easy, stress-free, and wonderful.
Complain
Company rating
3.7
/ 5
20 reviews
Application
3.8
Support service
3.8
Mobile App
3.9
Service quality
3.6
Your satisfaction level
3.7
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