Unfortunately, Merrick Bank Personal Loans do not make it possible for you to make payments in advance. Yes, you may decide to make an additional payment on your loan, but the bank will not apply the extra payment as a future payment. Rather, the lender will apply the payment to principal. You can contact Merrick Bank’s Customer Service in case you have any inquiries regarding payments. The number is 1-833-842-7900, and their working hours are Monday through Friday, from 8 o’clock in the morning to 11 o’clock at night, Eastern Time.

You can make your payments using whatever method best suits your needs. Your default payment choice is not the only one you can use. For example, in case you have scheduled your next payment for autopay but would like to change it, you can do it online. On Merrick’s website you can cancel that payment and then pay by phone or by mailing a check. It is important to note, however, that if Merrick receives your payment after the payment due date, they will consider it a late payment. ACH payments are also an option. You can schedule them in case you would not like to pay by phone or mail.

At first, when you apply for the loan, you are going to have to choose between ACH autopay or manual check as your preferred payment method. This will be your default payment method until you decide to change it. Once you have started making payments you can make changes to your payment preferences. To do so, all you have to do is either call Merrick’s Customer Service or change it online to a different payment method of your choosing.