Does Zirtue automate repayments?
Airion avatar
Written by Airion
Updated over a week ago

Yes. Payments are automatically deducted from the borrower's account based on the agreed-upon repayment schedule and loan terms.

Zirtue will make three attempts to collect a repayment. If all attempts fail, the pay period will be recorded as missed, and an extra month will be added to the repayment schedule.

Once the loan is completely repaid or forgiven by the lender, automatic withdrawals will be discontinued.

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