Loan Cost2023-06-15T16:07:06-05:00

Loan Cost

How to Lower the Total Cost of Your Loan

Loan Cost

How to Lower the Total Cost of Your Loan

Loan Cost

How to Lower the Total Cost of Your Loan

With a line of credit from Vault by Bank of Orrick, you are in control. Here are simple ways you can lower the total cost of your loan:

1. Make more than the minimum payment.
Even just a few extra dollars with each payment will lower the total amount of interest you end up paying.

2. Whenever possible, pay off your full balance.
With no outstanding balance, no interest charges will accrue.

Questions? Concerns?

If you have questions, view answers to borrowers’  frequently asked questions.

What is Vault by Bank of Orrick?2023-06-15T16:03:00-05:00

Vault by Bank of Orrick is a brand of Bank of Orrick. All loans are issued and serviced by Bank of Orrick.

How can I reduce the total cost of my loan?2023-06-14T17:11:44-05:00

With a line of credit from Vault by Bank of Orrick, you are in control. Here are simple ways you can lower the total cost of your loan:

1. Make more than the minimum payment. Even just a few extra dollars with each payment will lower the total amount of interest you end up paying.

2. Whenever possible, pay off your full balance. With no outstanding balance, no interest charges will accrue.

Still have questions about Vault personal loans? Contact one of our friendly loan advisors.

Call: 888-227-1935
8am-5pm Central Time, Monday-Friday

Email: info@myvaultloan.com