Lender
Rating by Finanso®
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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.

4.0
(20 Ratings)

Universal Credit PayOff

Advertiser Disclosure

Repaying a Universal Credit loan is a straightforward process that can be done online through your personal account. Simply sign in, navigate to the payments section, and follow the prompts to complete your payment. The platform is designed to make loan repayment easy and accessible, ensuring that borrowers can manage their financial obligations with minimal hassle.

universal credit repay

Make Payments Online Through the Bank Account

  1. Go To The Website. Visit the official Universal Credit website.

  2. Click "Sign In". Click on the "Sign In" button to access your account.

  3. Log In To Your Account. Enter your email and password to log in.

  4. Navigate To The Payments Section. Once logged in, go to the payments section in your account.

  5. Complete The Payment. Follow the prompts to complete your loan repayment.

Make Payments Through a Different Bank

  1. Obtain Payment Details. Gather all necessary information, including your loan account number and the Universal Credit 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 Universal Credit 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 Universal Credit 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

How do I make a payment on my Universal Credit loan?

You can make a payment by logging into your Universal Credit account online, navigating to the payments section, and following the prompts to complete your payment.

What happens if I miss a payment on my Universal Credit loan?

If you miss a payment, it’s important to contact Universal Credit immediately to discuss your options. Missed payments may result in late fees and could negatively impact your credit score.

Can I set up automatic payments for my Universal Credit loan?

Yes, Universal Credit offers the option to set up automatic payments, ensuring your loan payments are made on time and helping you avoid late fees.

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.

3.95
(20 Ratings)
Recommended FinScore™
0
300
650
1000
1000.00 – 50000.00 $
Rate
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Interest rate

11.69 – 35.99 %
Term
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Loan term for the financial product

3 years – 5 years
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Rating by Finanso®
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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.

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Rating by Finanso®
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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™
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100.00 – 4000.00 $
Rating by Finanso®
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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
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Interest rate

27.50 – 81.29 %
Term
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Loan term for the financial product

6 months – 1399 days
Apply
Universal Credit Loans Calculator
Universal Credit calculator
Interest rates are given in accordance with the rates of the Universal Credit of 15.09.2024
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Universal Credit reviews 2024
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4.6
Pros
The entire process, from start to finish, was straightforward. Communication was clear and easy to understand. The application and approval time matched their advertised expectations. I am extremely content and pleased with my overall experience with Universal Credit.
Complain
4.2
Pros
The process was swift and accurate, making transactions easy. The great rate is a bonus, and the customer service has already proven to be very helpful, even though we've just started.
Complain
1.8
Cons
Universal Credit denied my application due to my recent move from one state to another and the change of my phone number. They cited that my new number wasn't reflected in my credit report as the reason for the denial.
Complain
4.2
Pros
The application process was incredibly straightforward, and their response time was impressively fast. All in all, they are genuinely helpful company when you're in need of assistance.
Complain
4.4
Pros
The application process was swift and straightforward. I received the funds I needed promptly, which was a real lifesaver. However, I wish I had received the full amount I requested. It would have been more convenient if the loan fee could have been added at the end of the term. Nevertheless, I'm overall quite satisfied with the experience.
Complain
4.6
Pros
Regarding Universal Credit, I'm thankful for discovering them and grateful for loan approval. Their customer service agent facilitated the process, making it smooth. In general, I'm extremely pleased with the experience, but there are several advantages and a few disadvantages to mention.
The advantages include the simplicity of the process, rapid fund disbursement, the option for direct payments with a rate discount for autopay, the loan amounts offered, and exceptional customer service. However, the disadvantages involve origination fees and the absence of certain loans that I wanted to pay off directly. While I'm very appreciative of the support, I wish origination fees were lower or could be included in the loan, allowing for additional debt payoff. Despite these cons, I highly recommend them to anyone seeking financial assistance to reduce their debts.
Complain
4.4
Pros
Filling out the straightforward application was a breeze. Thanks to Universal, I can now get completely caught up on my credit card bills.
Complain
1.4
Cons
The funds will not be available on the same day, but rather within the next 5 days, primarily towards the end of that period. This information is not clearly advertised on the web application.
Complain
4.8
Pros
The fastest and simplest loan process. Verification was straightforward, and I received an answer within minutes. The disbursement of funds happened even quicker than anticipated.
Complain
4.8
Pros
I had a wonderful experience! The application process was fast and straightforward. When I received a call to confirm all the loan details, the representative I spoke to was not only professional and helpful but also incredibly friendly and pleasant. I highly recommend them to anyone and would certainly use their services again.
Complain
Company rating
4.0
/ 5
20 reviews
Application
3.9
Support service
3.9
Mobile App
4.0
Service quality
4.1
Your satisfaction level
4.0
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