How do Payments Work?

Your iLOC gives you the ultimate flexibility to borrow or repay however you choose – here's how to make the most of it.

To make a payment, first you'll need to connect a bank account. Learn how to connect a bank account.

Making a Payment

Making a Payment

To make a payment, simply log in to app.inclined.com and then navigate to 'Make Payment' on your home page. In the tray that pops up, enter the amount you'd like to pay, the account to pay from, and then press 'Make Payment'. That's it!

When are Funds Moved?

Payments are processed every few hours during business hours, typically funds will be pulled from your bank account the next business day - but your bank's specific timing may vary.

Payments are applied to your balance when they start processing, if your account has insufficient funds for the payment, the payment will be cancelled and your balance will update to reflect the balance without the payment -- you'll need to ensure you have the proper funds and submit the payment again.

Paying off Principal or the Line

Payments are first applied to any due or overdue interest, then to principal, and last to any interest that has accrued to-date in the current period but hasn't yet come due. Learn more about how periods and interest work on your iLOC.

If you'd like to pay down principal, simply pay more than your due interest and the remainder will be applied to your principal balance.

If you'd like to pay off the line, navigate to ‘Make Payment’ and you will see the payoff amount. The payoff amount shown is valid until midnight PST that day. Please note, if you make a payment late in the day it may not process until the next day, in which case there may be one additional day of interest remaining that needs to be paid.