Direct Payment

Debited monthly payments

A convenient way of making your monthly payments without having to stand in line at the bank or spend on stamps, checks or envelopes to send payments by mail. Also, it is the most efficient way to make sure you do not fall behind on your loan’s monthly payments. Your checking or savings account is automatically debited with your monthly payment on the date you select.

Loans without guarantee:

You will receive a 0.50% discount applied to the APR when you sign up for Direct Payment once your new loan is disbursed or renew your loan.

Loan with guarantee:

You will receive a 0.25% discount applied to the APR when you sign up for Direct Payment.

Subscribe for FREE by calling TeleBanco Popular® at

787.724.3659