Making Loan Payment
CONVENIENT WAYS TO MAKE YOUR LOAN PAYMENT
Whether you have a mortgage, auto loan, credit card, or any loan in between, making your payments is easy with Spero!
Setting Up Payments
for Your Loan
Keep scrolling for a variety of ways to make your loan payment, including recurring and one-time options. Setting up recurring payments ensures your payments process on time, every time. But you may also choose to make a one-time payment each month.
Loan Payment Options
Set up recurring payments by giving us permission to pull funds from your account at another financial institution or Spero account when a payment is due.
- Processing Time: Payment is processed automatically per your loan’s recurring schedule. 1-3 business days are required to initially set up a recurring payment.
- Convenience Cost: FREE
Quickly and securely make loan payments 24/7, using a debit card or ACH transaction from an account at another financial institution.
- ACH can be set-up as one-time or recurring.
- Processing Time: Payment is credited same-day when made by 5:00PM ET. Payment will not reflect on loan balance immediately but will be credited same-day.
- Convenience Cost: $2 per debit card or one-time ACH transaction. $0.25 per recurring ACH transaction.
Make loan payment by transferring funds in MONEYLINK Online Banking from a Spero account or from a linked account at another financial institution. You may also deposit a check in the Spero Mobile App using Mobile Check Deposit and then transfer the funds to make your loan payment.
- Transfer funds can be set-up as one-time or recurring.
- Processing Time: Same-Day when payment is transferred from a Spero account before 9:00PM ET, otherwise, next day. When transferring from another financial institution, you can select the payment to process next-business day or 4 business days. For some loan types, payments will not reflect on loan balance immediately.
- Convenience Cost: FREE
Make payment by calling 864-232-3645 (Toll Free 800-633-4364) and select the “Loan Payment” option to transfer money from your Spero account.
- Processing Time: Next-Business-Day if transferred before 9:00PM ET, otherwise, next day.
- Convenience Cost: FREE
Pay by check at any Spero Financial branch, TellerLink, or night drop. You may also mail payment to PO Box 10708, Greenville, SC 29603.
- Processing Time: Same-Day when payment is made by close of business or received by 5:00PM ET on day we are open when mailed, otherwise, next business day. Night drop is opened each business day at 8:30AM ET and 5:00PM ET. Deposits received after that time will be processed the following business day.
- Convenience Cost: FREE
Pay your Spero credit card payment directly through the Spero Credit Card App as an ACH draft.
- Processing Time: Same-Day. Payment is applied the date the payment request is completed if done before 6:00PM ET, otherwise, next day. It may take a day or so for funds to pull from your account.
- Convenience Cost: FREE
