Repayment of loan
Payment is made automatically during the entire repayment term from your checking account every week or every month, depending on what kind of credit you have. You can control payments in your account on the site. You will pay the same amounts each month on the due date, so you won’t encounter any surprises.
Early payoff
The company does not charge any prepayment fees. However, an early payoff will not give you any benefit except for the reduction of the repayment term. The early payoff does not change your interest rate, and the fixed rate remains the same.
There is a 100% Pre-payment Benefit option allowing you to pay the loan early in full and have your remaining interest waived with no penalties.
Payment Details
Short name
OnDeck
