Direct Pay is a feature that allows unsecured loan borrowers to send loan funds directly to creditors—such as credit cards, retail cards, and personal loans—to pay off those accounts.
Here’s how it works:
- You can choose to have your loan proceeds sent directly to eligible creditors.
- Any remaining loan funds not applied to those creditors will be deposited into your bank account.
Important:
Direct Pay cannot be used to pay off secured loans (like mortgages, auto loans, or home equity loans) or student loans.