Personal Loan Funding Process2022-08-30T16:08:46-05:00

Getting Your Money

How the Funding Process Works and When You Can Expect to Receive Your Funds

Getting Your Money

How the Funding Process Works and When You Can Expect to Receive Your Funds

Getting Your Money

How the Funding Process Works and When You Can Expect to Receive Your Funds

When will I get my money?

The exact timing depends on a few things, including how long it takes your bank to credit the payment to your account. That said, with most banks you can expect to see the money in your account based on when you sign your loan agreement:

  • If your loan agreement was signed by 11:00 am (Central Time) on a business day, you should receive your money by 5:00 pm the same day.
  • If your loan agreement was signed after 11:00 am (or on a weekend or bank holiday), you should receive your money by 5:00 pm the next business day.

See how holidays may affect the funding timeline >

How ACH Payment Works

We transfer your money via ACH direct deposit because it is fast, simple, and secure. You don’t have to do anything, and there are no additional fees on your end. Here’s how it works:

  1. As soon as your loan agreement is signed, Vault initiates an ACH payment transaction for direct deposit of your loan funds.
  2. This transaction is sent to The Federal Reserve for processing and release of funds to your bank.
  3. Your bank receives the ACH direct deposit payment and is responsible for crediting the money to your account.

If you have reviewed the information above and believe you should have already received your funds, please contact your bank to find out when they will credit the money to your account.

Frequently Asked Questions

We know taking out a loan is a big decision, and we want to make sure you get a loan that really works for you. If you have questions, you can get helpful information through and find answers in our frequently asked questions.

Can I get my money today?2021-02-14T15:45:16-06:00

If your loan agreement is signed by 11:00 am Central Time on a business day, you should receive your money the same day (and with many banks, by 5:00 pm the same day).

However, the exact timing ultimately depends on your bank. Just know that in some cases, the bank may not credit the money to your account until later that evening. You can contact your bank to learn more about how they process ACH.

It’s the next business day. Where’s my money?2021-02-14T15:44:48-06:00

If your loan agreement was signed after 11:00 am Central Time (or on a weekend or bank holiday), you should receive your money by 5:00 pm Central Time the following business day. In some cases, it may be even earlier in the day.

However, the exact timing ultimately depends on your bank. Just know that in some cases, the bank may not credit the money to your account until the end of the day.

I signed on the weekend. When will I see the money in my account?2021-02-14T15:44:18-06:00

With most banks, you should receive your money by 5:00 pm Central Time Monday. (If the following Monday is a bank holiday, you will receive your money on Tuesday.) However, the exact timing of when the funds are accessible to you ultimately depends on your bank.

What bank account are you sending my money to?2021-02-14T15:43:57-06:00

We transfer your money to the bank account you provided and confirmed online right before signing your loan agreement.

Concerned you may have entered the wrong account information?
Please review your loan document as soon as possible to make sure we have the correct account information. Just log in to your account at secure.myvaultloan.com/login and select “Loan Agreement” from the menu.

IMPORTANT: If you need to provide new bank account information to receive your payment, please contact as soon as possible to prevent additional delay in receiving your money. Email info@myvaultloan.com or call 888-227-1935, 8am-5pm Central Time, Monday-Friday.

What is ACH?2021-02-14T15:43:34-06:00

The Automated Clearing House (ACH) Network is one of the largest, safest, and most reliable payment systems in the world. In fact, if your paycheck is directly deposited into your bank account, or you make recurring online bill payments, you’re already using ACH.

The ACH Network is a batch processing system in which financial institutions accumulate ACH transactions throughout the day for later batch processing. Instead of using paper to carry necessary transaction information, such as with checks, ACH Network transactions are transmitted electronically, allowing for faster processing times and lower costs.

Learn more about ACH >

More Answers >

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

Bank of Orrick

Loans are issued and serviced by Bank of Orrick, Member FDIC.  

P.O. Box 199
Orrick, MO 64077

Member FDIC

IMPORTANT DISCLOSURES

This is an expensive form of borrowing and it is not intended to be a long term financial solution. Please note: Vault by Bank of Orrick loans are designed to assist you in meeting your short-term borrowing needs and are not intended to be a long term financial solution. Examples of emergency reasons why these loans might be used include unexpected emergencies, car repair bills, medical care, or essential travel expenses. Alternative forms of credit, such as a credit card cash advance, personal loan, home equity line of credit, existing savings or borrowing from a friend or relative, may be less expensive and more suitable for your financial needs.

Late fees and non-sufficient funds/returned item fees may apply as described in your Loan Agreement. Our fees are disclosed in your loan agreement. If you do not make a payment on time, we will attempt to contact you via one or more authorized methods. We adhere to the principles of the federal Fair Debt Collection Practices Act (FDCPA). Because we may report your payment history to one or more credit bureaus, late or non-payment of your loan may negatively impact your credit rating. If you fail to repay your loan in accordance with its terms, we may place your loan with or sell your loan to a third-party collection agency or other company that acquires and/or collects delinquent consumer debt.

As part of our information collection process, we may detect additional bank accounts under the ownership of the consumer. We will consider these additional accounts to be part of the application process. Bank of Orrick reviews your information in real-time to determine whether your information meets its lending criteria. You acknowledge that by completing and submitting the website application that you are applying for a loan. We verify applicant information through national databases, and we may pull your credit in order to determine your eligibility and ability to repay.

Availability of loans are subject to change at any time at the sole discretion of Bank of Orrick.

Vault by Bank of Orrick is a brand of Bank of Orrick. Loans are issued and serviced by Bank of Orrick, Member FDIC.

Loop
info@myvaultloan.com
888-227-1935

QUICK LINKS

RESOURCES

© Copyright 2023 Vault by Bank of Orrick. All rights reserved.

Bank of Orrick

Loans are issued and serviced by Bank of Orrick, Member FDIC.

P.O. Box 199
Orrick, MO 64077

Member FDIC

IMPORTANT DISCLOSURES

This is an expensive form of borrowing and it is not intended to be a long term financial solution. Please note: Vault by Bank of Orrick loans are designed to assist you in meeting your short-term borrowing needs and are not intended to be a long term financial solution. Examples of emergency reasons why these loans might be used include unexpected emergencies, car repair bills, medical care, or essential travel expenses. Alternative forms of credit, such as a credit card cash advance, personal loan, home equity line of credit, existing savings or borrowing from a friend or relative, may be less expensive and more suitable for your financial needs.

Late fees and non-sufficient funds/returned item fees may apply as described in your Loan Agreement. Our fees are disclosed in your loan agreement. If you do not make a payment on time, we will attempt to contact you via one or more authorized methods. We adhere to the principles of the federal Fair Debt Collection Practices Act (FDCPA). Because we may report your payment history to one or more credit bureaus, late or non-payment of your loan may negatively impact your credit rating. If you fail to repay your loan in accordance with its terms, we may place your loan with or sell your loan to a third-party collection agency or other company that acquires and/or collects delinquent consumer debt.

As part of our information collection process, we may detect additional bank accounts under the ownership of the consumer. We will consider these additional accounts to be part of the application process. Bank of Orrick reviews your information in real-time to determine whether your information meets its lending criteria. You acknowledge that by completing and submitting the website application that you are applying for a loan. We verify applicant information through national databases, and we may pull your credit in order to determine your eligibility and ability to repay.

Availability of loans are subject to change at any time at the sole discretion of Bank of Orrick.

Vault by Bank of Orrick is a brand of Bank of Orrick. Loans are issued and serviced by Bank of Orrick, Member FDIC.

Loop
info@myvaultloan.com
888-227-1935

QUICK LINKS

RESOURCES

© Copyright 2023 Vault by Bank of Orrick. All rights reserved.

Bank of Orrick

Loans are issued and serviced by
Bank of Orrick, Member FDIC.  

P.O. Box 199
Orrick, MO 64077

Member FDIC

IMPORTANT DISCLOSURES

This is an expensive form of borrowing and it is not intended to be a long term financial solution. Please note: Vault by Bank of Orrick loans are designed to assist you in meeting your short-term borrowing needs and are not intended to be a long term financial solution. Examples of emergency reasons why these loans might be used include unexpected emergencies, car repair bills, medical care, or essential travel expenses. Alternative forms of credit, such as a credit card cash advance, personal loan, home equity line of credit, existing savings or borrowing from a friend or relative, may be less expensive and more suitable for your financial needs.

Late fees and non-sufficient funds/returned item fees may apply as described in your Loan Agreement. Our fees are disclosed in your loan agreement. If you do not make a payment on time, we will attempt to contact you via one or more authorized methods. We adhere to the principles of the federal Fair Debt Collection Practices Act (FDCPA). Because we may report your payment history to one or more credit bureaus, late or non-payment of your loan may negatively impact your credit rating. If you fail to repay your loan in accordance with its terms, we may place your loan with or sell your loan to a third-party collection agency or other company that acquires and/or collects delinquent consumer debt.

As part of our information collection process, we may detect additional bank accounts under the ownership of the consumer. We will consider these additional accounts to be part of the application process. Bank of Orrick reviews your information in real-time to determine whether your information meets its lending criteria. You acknowledge that by completing and submitting the website application that you are applying for a loan. We verify applicant information through national databases, and we may pull your credit in order to determine your eligibility and ability to repay.

Availability of loans are subject to change at any time at the sole discretion of Bank of Orrick.

Vault by Bank of Orrick is a brand of Bank of Orrick. Loans are issued and serviced by Bank of Orrick, Member FDIC.

Loop
info@myvaultloan.com
888-227-1935

QUICK LINKS

RESOURCES

© Copyright 2023 Vault by Bank of Orrick. All rights reserved.