Finding the best way to pay back your Regional finance loans shouldn’t be a problem. This is because there are at least four Regional Finance Loan Payment Options that customers such as your good self can use to make monthly payments.
What is expected of you is to look at these payment options carefully and use the method that is best for you. At the end of the day, what matters is that payments are made and on time as well.
With Regional Finance, you can secure a personal loan as little as $600 and a maximum of $25,000 depending on your state.
READ ALSO: What Is Personal Finance Loan? Here Is All You Need To Know
What Regional Finance Loans can be used for
The personal loans offered by Regional finance can be used for a number of things such as;
- Debt consolidation
- Auto Finance/ repairs
- Home improvement
- Pay fees
- Medical bills
List of Regional Finance Loan Payment Options
Here are the Payment Options available to customers of Regional finance to pay back their loans. Go through and use the payment method that is best or you.
Pay Via Online
The online payment option allows you to make payment at your own convenience without having to visit a Regional finance office. Just visit the Regional finance website, register for online access if you haven’t done that yet and proceed to make payment.
It gives you the option to make one time payment or set up a recurring payment plan for automatic deductions from your bank account on every due date. Click HERE to register for online access.
Pay Via Phone
You can easily make a Regional finance loan payment via phone by contacting your local branch and you’ll be taken through the process. Payment could either be from your debit card or an electronic funds transfer from your bank account.
Pay Via Mail
Another payment option available to you is Via mail. Find out what your local branch mailing address is and send your check or money order to them.
Always remember to make an allowance for delivery and loan processing in order not to be guilty of late payment.
Pay In Person
You can also walk in to your local branch any day of the week provided it’s within business hours and make payments into your account. Payments can be made with cash, check, money order, debit card or ACH.
READ ALSO: How Does Prequalifying For A car Loan Work?
Frequently Asked Questions (FAQ)
Q1. Is there a penalty for missing payment?
Yes! You may be charged a late fee if you fail to make payments within the grace period. Therefore if you know or think you’re likely to miss payments, you can get in touch with your local branch and see what solution they may have for you.
You can also go through your loan contract at the Federal Truth in Lendjng Disclosures area to see what the penalty is if you miss payment.
Q2. Can I change my payment due date?
Yes and No! It depends on certain conditions that has to be met. Hence if for some reasons you wish to change your payment due date, kindly visit your local branch to discuss how to go about it.
Q3. How do I obtain my payoff amount?
Regional finance allows borrowers who wish to payoff their loans early to do so. But you’ll have to contact your local branch to obtain to obtain your payoff amount.
Same way the payoff amount can only be paid directly at your local branch.
Q4. How do I set up for automatic monthly payments (AutoPay)?
Here is how to easily set up for automatic monthly payments;
- Visit the Regional finance website
- Log in with your login details
- Click “Make Payment ” for the account you wish to pay
- Select payment source (checking account, debit card, credit card, current account, etc)
- Now click on the “AutoPay” tab
- Click check box to allow AutoPay after which it will begin to take effect from your next due date
Q5. Can I make payments at another Regional Finance branch other than my local branch?
Yes you can make payments at any of the Regional Finance branches.