The first loan that handles everything automatically. Set it once, forget it forever.
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2h ago

I authorize Payvato to withdraw the repayment amount on the due date.
Everything you need to know about auto-repay and our loans
When you connect your bank account and apply for a loan, you sign a one-time authorization. This allows us to automatically withdraw the repayment amount from your account on the due date. You don't need to do anythingβit's completely automatic!
No, we don't charge interest. We only charge a simple, transparent transaction fee based on your loan amount. You'll see the exact fee before you confirm your loan.
The repayment is automatically withdrawn on your scheduled due date. You'll receive a reminder 3 days before, and the exact amount will be clearly shown in your loan agreement.
Yes, you can update your payment method or cancel the authorization anytime through the app, as long as it's before the due date. There are no fees for changes.
Absolutely. We use 256-bit encryption and partner with Plaid for secure bank connections. Your data is never stored in plain text and we're FDIC insured.
We'll make up to 3 attempts over 5 days. You won't be charged late fees, but we'll notify you via app and email so you can add funds. After that, we'll work with you on a repayment plan.
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