When will my card payments be processed?
Upon approval, your loan proceeds will be sent according to your instructions within one business day. It may take 2 - 4 business days after your loan is approved for your credit card issuer to receive the funds. The payout date may not line up with your credit card due date, and it is your responsibility to continue paying your credit card bills on time. If there are difficulties sending the money to your credit card account, that money will be deposited to your bank account instead.
If you request to have a personal loan with another creditor paid off directly, it may take up for 2 weeks for the payoff to be processed, depending on the creditor.
Articles in this section
- Are the personal loan rates fixed or variable?
- Can a personal loan or Upgrade Card be used for school?
- Can I apply by mail?
- Can I apply for another personal loan through Upgrade?
- Can I change my instructions?
- Can I include additional income?
- Can I include household income on my application?
- Can I increase my loan amount after I’ve already selected an offer?
- Can I mail my documents to you instead?
- Can I use my entire loan to pay off my credit cards?