Repaying a Purchasing Power program loan is straightforward and convenient. Payments are automatically deducted from your paycheck, ensuring timely and hassle-free repayment without the need for manual intervention. This method eliminates the risk of missed payments and helps manage your budget effectively. Additionally, you can also make payments through the Purchasing Power app or website by logging into your account, navigating to the payment section, and entering your payment information. This flexibility allows you to stay on top of your repayment schedule effortlessly.
Make Payments Online Through the Bank Account
Log In To My Account. Access the Purchasing Power website and log in to your account using your email address and password.
Select Make A Payment. Navigate to the payment section by selecting "Make a Payment" from your account dashboard.
Enter And Submit Your Payment Information. Enter your payment details, such as your bank account or credit card information, and submit it to complete the payment process.
Make Payments Through the App
Open The App. Launch the Purchasing Power app on your mobile device.
Open Account Summary. Navigate to the account summary section to view your payment details and outstanding balance.
Tap Make A Payment. Select the "Make a Payment" option to proceed with entering your payment information and completing the transaction.
Make Payments Through a Different Bank
Obtain Payment Details. Gather all necessary information, including your loan account number and the Purchasing Power 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 Purchasing Power 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 Purchasing Power 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.
