If you have an Earnest Private Student Loan or Student Loan Refinance, your first payment date will always fall between the 3rd and 22nd of the month and will be scheduled at least 25 days, but no more than 60 days, after you sign your loan agreement (unless specified otherwise by a deferred repayment plan). If you have an Earnest Personal Loan, your first payment date will fall between the 1st and 28th of the month and will be scheduled between 28 - 31 days after you sign your loan agreement.
Your estimated repayment schedule is included in your loan disclosure documentation, and your estimated first payment due date will appear on your online loan dashboard within 7–10 business days after your loan is disbursed. You can access your loan agreement and disclosure documentation through the automated welcome email we send shortly after you sign, as well as in the Documents section of your online dashboard.
You’ll receive your first billing statement approximately 3–4 weeks after signing your loan agreement. At that time, your online profile will update to show your exact due date and monthly payment amount, as reflected in your first billing statement. Please note that we are unable to adjust your first payment due date. For information on changing your payment due date after your first payment, check out this article.
If you have any questions, click the Get In Touch button at the bottom of this article.