AutoPay is a service that automatically schedules and deducts monthly payments from your bank account on your due date. AutoPay is the preferred option of our borrowers because it offers convenience and reliability; it is the easiest way to make payments on time and avoid late fees.
You can enroll in AutoPay during your application process or turn it on any time by visiting your online Prosper account. If you want to activate AutoPay, but prefer a different due date, you may be able to change your due date. If you do change your due date or turn AutoPay on or off, just remember to allow 3 business days for these changes to take effect.
If you need more help turning on AutoPay or adjusting your due date, you can always give us a call.
If you know your AutoPay payment is going to fail, don’t hesitate to contact us.