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

[cruisehopeful]

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.

 

[Steelers0854]

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.

 

[Girlstar30]

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.

 

[Steelers0854]

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.

maybe im missing something but I’m just curious why it would matter? A week or two before the loan becomes available to see online seems fine. If you are going to pay it off in that time frame why would you even get a loan to begin with?

 

[Girlstar30]

maybe im missing something but I’m just curious why it would matter? A week or two before the loan becomes available to see online seems fine. If you are going to pay it off in that time frame why would you even get a loan to begin with?

Because I want to pay as little interest as possible and its accumulating without me being able to pay it. It's the principal of the matter.

We Financed because we make enough money to pay in a short amount of time and we are going on vacation soon and there are booking windows that open and the trips need to be booked as soon as possible or you dont get the rooms you want.

I cannot rent and stalk myself, I would not be able to get the rooms I want this year doing it like that. I dont have the money up front to pay cash for all the contracts. I needed to get the process going to have the vacations we want. I dont mind spending a little extra doing that, i did the math and it's better than the alternatives, so this made sense if we were going to go on these vacation regardless and spend thousands more.

I dont want to rent and waste money on that, id rather put that money towards dvc and paying cash makes no sense if im going on Disney vacations year after year which we are going back to Disney world and aulani next year.