How are payments processed?

Best Egg processes payments through a straightforward approach designed to make the experience as easy as possible for the borrower. When it comes to making monthly payments on a personal loan, borrowers can choose from several convenient options. One primary method includes automatic payments, which allow borrowers to set up recurring withdrawals from their chosen bank account on a specified date each month. This option not only helps ensure that payments are made on time, but it may also qualify borrowers for a small interest rate reduction. Additionally, borrowers can opt to make one-time payments through the Best Egg website, allowing them to pay via their bank account or using a debit card. It is important for borrowers to keep their payment due dates in mind and ensure that they have sufficient funds in their accounts to avoid any potential missed payments or fees. For any specific inquiries regarding payment processing or payment-related issues, it is advisable to check the information available on the Best Egg website, as they provide valuable insights into payment options and policies.