We offer our Manual Pay clients the ability to split their payments into as many transactions as they would like. We also offer a similar option for Auto Pay clients, where you may make your payments on a bi-weekly cadence.
If you use our Manual pay option, there are two ways to make payments:
Through your online dashboard: You can schedule payments from within your Earnest profile. You can set them for any date from the same day to 60 days in the future.
Using your bank's bill-pay: If your bank offers a bill-pay service in which they automatically send checks on your behalf, you can have them send the payment directly to us at:
Primary Borrower: PO Box 9115, Wilkes-Barre, PA, 18773-9115
Cosigner: PO Box 9160, Wilkes-Barre, PA, 18773-9160
Checks should include your Earnest account and loan numbers, which will be displayed on your dashboard and statements.
With either method, you may break up your minimum payment into as many transactions as you like, as long as they add up to at least your minimum amount due and are processed on or before your due date.
If you're using the bank bill pay method, keep in mind that all paper checks and other forms of bill-pay are applied on the day they finish processing, rather than the day your bank sends them. Therefore it’s important to set up the bill-pay so that both checks are sent, received, and finished processing by your due date. (The payment will typically spend a few days in transit, followed by 2-4 business days in processing).