Online Loan Pay
A NEW, CONVENIENT WAY TO MAKE LOAN PAYMENTS
Quickly and securely make loan payments 24/7, using a debit card or ACH transaction from an account at another financial institution. Plus, get same-day processing when making payments by 5:00PM EST.
Here's how it works:
What You’ll need to get started
- Email Address
- Spero Financial Member Number of the primary account holder
- Last Four Digits of Social Security Number of the primary account holder
- Date of Birth of the primary account holder
to Register
- Click here to visit the new payment platform website.
- Select Register on the home screen.
- Follow the prompts to input required information and set your password.
TO MAKE A PAYMENT
Once registered, eligible loans associated with your Spero Financial account will display for you to make a loan payment. Follow the prompts to make a payment by debit card or by setting up an ACH transaction. There is a $2 cost for a one-time ACH or debit card transaction and $0.25 for each recurring ACH transaction.
Convenient Options for Making Your Loan Payment
| Online Loan Pay | Internal Transfer | Inbound External Transfer | Set Up Recurring Payments | Pay by Check via Branch or Mail |
|---|---|---|---|---|
| Make same-day payments via the online loan payment center from accounts at a different financial institution. | Transfer funds in MONEYLINKSM Online from a Spero Financial account and apply it to loan payment. | Transfer funds in MONEYLINKSM Online from an account at another financial institution and apply it to loan payment. | Set up recurring payments by giving us permission to pull funds from another account the same day each month. | Pay by check at any Spero Financial branch or night drop³. Mail payment to PO Box 10708, Greenville, SC 29603. |
| Processing Time | ||||
| Same-Day when payment is made by 5:00PM EST. | Immediately from when payment is received. | Next-business-day from when transfer is confirmed.¹ | Same-Day. Loan payment is processed automatically each month on due date per recurring schedule.² | Same-Day when payment is made by close of business in the branch or received by 5:00PM EST when mailed. |
| Costs | ||||
| $2 per debit card or one-time ACH transaction
$0.25 per recurring ACH transaction |
$0 | $0 | $0 | $0 |
| Loan Payment Center | MONEYLINKSM Online | MONEYLINKSM Online | ||
Online Loan Pay FAQs
Visa® and Mastercard® debit cards are accepted. Please note that Spero debit cards are not accepted – instead, members are encouraged to make an internal funds transfer within MONEYLINKSM Online to easily make your loan payment at no cost.
If payments are made by 5:00PM EST, they will be processed same-day.
Yes! Up to (3) three loans can be paid in a single transaction.
If you need to cancel a payment, please contact our Member Solutions Center at (800) 922-0446.
Yes! However, please contact our Member Solutions Center at (800) 922-0446 or your local branch to confirm payoff amount – as the amount may differ from what is displayed in the Online Loan Pay platform. Once confirmed, log into Online Loan Pay to make the payment. Note: The platform allows a payment up to $2,500.
You can make a loan payment up $2,500. There is no minimum amount.
When making a payment with an ACH transaction, you can schedule a payment to process at a future date or set up recurring payments. This feature is not currently available for payments made by debit card.
Spero Financial loans that can be paid within Online Loan Pay include share or certificate secured loans, auto/boat/RV/motorcycle loans, personal loans, second mortgages, home equity lines of credit, and overdraft lines of credit.
Business loans, mortgages, or credit card payments cannot be made through Online Loan Pay. Please continue to make payments for these loan types by following instructions received at loan closing. If you should have any questions, contact us at 800.922.0446.
Once logged in, eligible loans associated with your Spero account will display for you to make a loan payment. You will be able to select the loan based on a brief descriptor and the last two digits of your member number + two-digit loan number. For example, "PERSONAL LOAN ending in 1201."
| Descriptor | Loan Types | ||
| SECURED | New/Use Auto, New/Used RV, New/Used Boat | Motorcycle, Share/Certificate Secured, Secured Personal | Other Collateral |
| R. ESTATE LOAN | Lot Loans, Home Equity, HELOC | 2-7 Yr ARM, Construction Loan, 7-10 Yr Balloon | Other Real Estate Loans (not 1st Mortgage) |
| PERSONAL | Personal Loan | ||
| OVERDRAFT LOC | Overdraft Lines of Credit | ||
To register, you will need to have a valid email address and the following information as the primary account holder: Spero Financial member number, last four digits of your social security number, and your date of birth. Once registered, you can login using your established username and password.
With Express Pay, you do not have to create a username nor password. It is designed for a one-time payment, so your Online Loan Pay history will not be stored. By registering, setting up a username and password, Online Loan Pay will store your payment history and allow you to set up recurring ACH payments.
To make an ACH transaction, you will need to follow the prompts to validate the account you are pulling the funds from. For a step-by-step guide, watch this short video. If you're a Registered User, any new account will be validated the first time and then saved in your profile for future use. If you're an Express User, the account used to make the payment must be validated each time a payment is made. Please note that Online Loan Pay will not accept an ACH payment from a Spero account - instead, members are encouraged to make an internal funds transfer within MONEYLINKSM Online to easily make your loan payment at no cost.
Last, but not least:
¹1-3 business days are required to initially set up an inbound external transfer from an account at another financial institution.
²1-2 business days are required to initially set up a recurring payment.
³Night drop is opened each business day at 8:30AM EST. Deposits received after that time will be processed the following business day.