Repaying a Faaastcash loan is simple as the repayment is automatically deducted from your bank account on the due date. There's no need for manual online payments, making it convenient for borrowers to manage repayment without additional steps. Just ensure sufficient funds are available in your account to cover the payment.
Make Payments Online Through the Bank Account
Faaastcash does not offer an online repayment platform. Instead, payments are automatically deducted from your bank account on the due date, based on the information provided during the application process. Ensure that sufficient funds are available in your account to avoid any issues with repayment.
Make Payments Through a Different Bank
Obtain Payment Details. Gather all necessary information, including your loan account number and the Faaastcash account details where the payment should be sent.
Log in to Your Bank Account. Access your bank’s online banking portal by logging in with your credentials.
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 Faaastcash payment details, including the bank account number and routing number.
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.
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
Locate an ATM. Find an ATM that supports loan payments. Some banks and financial institutions offer this service.
Insert Your Debit Card. Insert the debit card linked to your bank account into the ATM.
Select the Payment Option. Navigate through the ATM menu and select the option for making bill payments.
Enter Payment Details. Provide the necessary details, such as your Faaastcash account number. You might also need to enter the amount you wish to pay.
Confirm and Complete the Transaction. Review the payment details for accuracy. Confirm the transaction to complete your payment.
