Liability accounts represent the debts you owe (things like credit cards, student loans, mortgages, or personal loans).
Adding them to Sequence helps you keep your obligations front and center, and even automate how you pay them down.
What counts as a liability account
A liability account is any account tied to debt, including:
Credit cards
Student loans
Mortgages
Auto loans
Personal loans
If it’s money you owe, it qualifies as a liability.
Why aren’t my balances updating?
Sometimes balances don’t refresh instantly. In fact, it can take a full billing cycle for certain liabilities to update, depending on the provider.
If you’ve just connected your liability, give it some time - it may not show the correct balance until your next statement closes.
Two types of liability accounts
Not all liability accounts connect the same way. In Sequence, there are two distinct types:
Direct liabilities
Connected through Method and Spinwheel
Sequence can see the balance of the liability and send funds directly to it
This gives you the most visibility and automation, since balances and payments flow seamlessly
Manual liabilities
Connected through Plaid and Finicity
Balances come through, but there’s an extra step required to finish setup so payments can actually be sent
We’ll walk through this setup on the next page, where you’ll see exactly how manual liabilities differ and how to configure them correctly
What if I can’t find my liability manually?
If your liability isn’t supported by any of our providers, you still have options. You can set it up using either the pull or push method:
Pull method
Create a Pod in Sequence and name it after your liability (e.g. “Car Loan”).
Go to your liability’s website (outside of Sequence) and set up autopay to pull funds from that Pod’s connected institution.
Each time your liability pulls, it will draw from the money you’ve already allocated in Sequence.
Push method
Add your liability as a Destination account in Sequence by entering its routing and account numbers.
Use your rules to push funds directly into that account on schedule.
This works well if your liability allows external payments by routing/account number.
Liability accounts are an important part of bringing your financial picture together in Sequence.
Next, we’ll dive deeper into Direct vs. Manual liabilities so you know how each one works - and how to set them up properly.