Can I set up automatic payments?
Yes, you can set up automatic payments with FedLoan Servicing. This convenient feature allows you to schedule regular payments without the hassle of manual transactions. By opting for automatic payments, you ensure that your payments are made on time, reducing the risk of late fees or penalties. To set up automatic payments, simply log in to your FedLoan Servicing account and navigate to the payment section. From there, you can choose the frequency and amount of your payments. It's important to note that you can also cancel or modify your automatic payments at any time. This feature provides a convenient and stress-free way to manage your student loan payments.
Answered Nov 1, 2023
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