Loan Payment Processing

Simplify Loan Payment Management with LoanPay

Streamline payment processes and empower borrowers with a secure, self-service platform for flexible, on-time payments. LoanPay helps reduce administrative burdens and improve repayment rates—all through a seamless digital experience.

Get Started with LoanPay
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The Growing Challenge for Lenders

As delinquency rates climb, lenders face increased pressure to manage loan repayments effectively. Each late payment adds to this burden, increasing risk exposure, driving up operational costs, and reducing profitability—making efficient loan payment solutions more essential than ever.

LoanPay: The Quick, Simple, Secure Way to Accept Loan Payments Online

LoanPay simplifies payment management across various loan types, including auto, business, mortgage, and personal loans, providing a versatile, intuitive platform for lenders and borrowers.

With LoanPay, lenders can:

  • Reduce Delinquencies: Encourage timely payments through flexible options and a user-friendly platform.
  • Enhance Operational Efficiency: Streamline payment management with automated workflows that reduce manual processing time, lower costs, and scale effortlessly as transaction volumes grow.
  • Boost Borrower Satisfaction: Provide easy access to payment options, promoting borrower convenience and payment flexibility.

What Sets LoanPay Apart

LoanPay is a self-service platform, allowing borrowers to make secure loan payments online—eliminating the need for in-branch visits or mailed checks.
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Flexible Payment Options

Borrowers can pay as guests or registered users, set up recurring payments, or schedule payments in advance. Payment methods include eCheck and debit card.
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Real-Time Account Access

Borrowers can view account details, payment schedules, and balances anytime, supporting informed decisions.
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Customizable for Lenders

LoanPay offers a private-label platform that reflects your branding, scales with transaction growth, and delivers detailed reporting.

Enhanced Security for Peace of Mind

LoanPay prioritizes the security of every loan payment, safeguarding sensitive borrower data at every step. By enabling online payment options, LoanPay minimizes risks tied to traditional paper-based payments, reducing fraud exposure and enhancing data protection for both lenders and borrowers. With secure, real-time processing, LoanPay offers a dependable, streamlined experience that promotes trust and peace of mind.

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How To Get Started with LoanPay
Step 1

Contact CheckAlt by completing the form below to begin onboarding.

Step 2

CheckAlt tailors LoanPay to your institution’s needs.

Step 3

Start accepting payments with ongoing support.

Frequently Asked Questions

Ready to Streamline Loan Payments?

We're here to help you streamline loan payments, reduce delinquencies, and improve the borrower experience.

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Contact Sales

Our team is here to help answer your payment management questions, and show you our solutions.