How do I make a loan payment?
Coastal Credit Union generally offers several ways to make a loan payment, and the best option depends on how the loan is set up. Many members can pay from a Coastal account through online banking or the mobile app, while others may use a transfer from another financial institution, automatic draft, mail, or an in person payment if a branch is available. If the loan is eligible, there may also be a payment option through the loan servicing or payment center on the current web page.
Before submitting a payment, it is wise to confirm the loan number, payment amount, and whether the payment should be applied to principal, interest, or fees if there are any special instructions. If you are making a payment from another bank, allow extra time for processing so the payment arrives before the due date. You can also review the current web page for the most up to date payment methods and any instructions specific to your loan type.
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