Repaying a Xact loan is straightforward and can be managed through the online account. Borrowers can choose from various repayment options, including direct debit from a bank account or manual payments. The repayment schedule is typically set based on the loan terms, and borrowers can track their payment progress through the account dashboard. It's important to make payments on time to avoid penalties or additional interest, ensuring that the loan is repaid in full within the agreed loan term.
Make Payments Online Through the Bank Account
Visit The Website. Go to the Xact website.
Click Login Pocket360®. Click “Login Pocket360®” on the homepage.
Log In. Enter your login credentials to access your account.
Go To the Payments Section. Navigate to the payments section of your account.
Complete The Payment. Follow the prompts to complete your loan payment.
Make Payments Through a Different Bank
Obtain Payment Details. Gather all necessary information, including your loan account number and the Xact 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 Xact 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 Xact 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.
Payment Details
Short name
Xact
FAQ
When are my Xact loan payments due?
Your payment due dates will be outlined in your loan agreement. Typically, payments are made on a monthly basis, but the specific schedule will depend on the terms of your loan.
Can I repay my Xact loan early?
Yes, Xact allows you to repay your loan early without any prepayment penalties. Paying off your loan early can help you save on interest.
What happens if I miss a payment?
If you miss a payment, you may incur late fees, and it could affect your credit score. It's important to contact Xact if you're having trouble making a payment to discuss possible options.
