Welcome guest, please Login or Register

   

“on time” payments and kwikpay

Rank

Total Posts: 2

Joined 2012-02-15

PM

 

Good morning:
I see on the new myedloans (or whatever it is—I’ve closed the window already) that the auto-payment feature now says something about that they debit my bank account the day after the due date and the account my appear delinquent until it processes.

I’m worried that this won’t count as an “on time payment” to meet my 120, but I like the convenience of auto pay as I have a long and tortured history of forgetting to pay. Has there been any guidance on this?

Rank

Total Posts: 2

Joined 2012-02-15

PM

 

I stand corrected—I now see the “within 15 days” counts as “on time” so crisis and horrific night sweats avoided.