Repayment of loan
There are several ways to pay back LoanCenter loans.
Automatic electronic payment: Wilshire Consumer Credit ("WCC") offers a service in which your regular monthly payment is debited from your current account and credited to your WCC account.
Online: In My Account, you can set up an online account. You can set up an online account and make payments through it.
Telephone: If it is convenient for you, you can make a payment by phone. To do this, contact a live representative by phone. You will be able to pay using your current/savings account, debit, or bank card.
Mail: You can also make payments via mail.
When paying for a loan, consider the fact that a third party may charge a processing fee. This is regulated by each state separately.
Early Payoff
The borrower can repay his loan ahead of time. Early repayment of LoanCenter loans does not involve any fees for this. By paying off the loan ahead of time, you reduce the interest charged on your loan.
