How long does it take for direct purchase loan to show in account?

cruisehopeful

DIS Veteran
Joined
Oct 25, 2015
Messages
4,548
My account says I don't have a loan. I did the online notary one week ago. The annual dues section shows that I have some pending contracts and it says that I will see the dues when the contracts close.

Does anyone remember how long their loan took to show up in the account? I want to get my autopay set up ASAP so I can focus on doing my extra payments on the travel cards.
 
My account says I don't have a loan. I did the online notary one week ago. The annual dues section shows that I have some pending contracts and it says that I will see the dues when the contracts close.

Does anyone remember how long their loan took to show up in the account? I want to get my autopay set up ASAP so I can focus on doing my extra payments on the travel cards.
I was the exact same way, it couldn’t show up fast enough for me so i could get everything in place. I don’t remember exactly how long, but i believe it was a week or two after closing that it populated. Note that just signing the docs isnt closing, you need to know your closing date, and it was after that that the loan showed up.

Of note, you can only auto pay to a bank account, but you can make principal payments via a credit card.
 
I financed thru resale, but I was upset as well that the loan wasnt available for me to pay right away. They said the title company had to send them all the info to set it up. Not sure why that needs to take a week.

I was upset because the interest starts from the closing date, even if you have no access to pay, the interest is accumulating.

They said this was standard for financing. I kept emailing them and it was set up a week later. I dont think that should be allowed, but it is.
 



New Posts

















DIS Facebook DIS youtube DIS Instagram DIS Pinterest

Back
Top