APX Lending offers several convenient fiat repayment methods to help you manage your loan payments. Below is an overview of all available options and how to use each one.
1. Interac e-Transfer
For smaller payments and added convenience, we offer Interac e-Transfer.
How it works
This option is best suited for smaller, one-off repayments or additional payments.
Please send your Interac e-Transfer to payments@apxlending.com.
In the e-Transfer message/comment section, make sure to include the first 8 characters of your Loan ID so we can correctly apply the funds.
Processing times
Interac e-Transfers can be sent at any time.
Payments are processed by our team Monday to Friday, 9:00 AM to 5:00 PM ET.
Transfers received outside of these hours will be processed on the next business day.
After sending the transfer
Once the e-Transfer has been completed, please email the confirmation receipt to support@apxlending.com.
This allows us to verify and credit the payment to your loan as quickly as possible.
If you need assistance or have questions about applying a payment, please contact our support team.
2. Pre-Authorized Debit (PAD)
PAD is an automatic withdrawal from your linked bank account and is our most seamless option for recurring payments.
How it works:
- Funds are automatically withdrawn from your linked bank account on your scheduled payment date. In some cases, withdrawals may also be processed before or after the scheduled date if requested by you or required to facilitate a one-off or adjusted payment.
How to set it up:
- You must submit an official request by emailing our customer support team.
- Once requested, setup can take up to 3 business days to complete.
Important notes:
- Changes or cancellations to PAD must be requested in advance.
- If any action is required on your end, our team will notify you ahead of time.
3. Wire Transfer
Wire transfers are available for larger payments or full loan repayments.
How it works:
- Wire details are provided on request, email support@apxlending.com for wire instructions.
Next steps:
- Please contact our support team to receive the correct wire instructions before initiating a transfer.
If you have any questions or are unsure which repayment method is best for your situation, feel free to contact our support team and we’ll be happy to assist.
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