Why should I enroll in automatic payments? April 15, 2018 20:18 Updated Some benefits of automatic payments are: No payment processing fees No risk of forgetting your payment Faster processing Eco-friendly Less hassle Consistent on-time payments could improve your credit score. Related articles How do I make payments? What if I am unable to make a payment? Can I change my due date? If I want to pay more than the monthly payment or make additional payments, will those payments be applied to the principle? How do I view upcoming payments and confirm a payment was received?