Wife was applying to refinance a student loan for her daughter. The loan company wants the logon userid & PW to checking account to auto deduct.
The loan company can ACH a payment without needing access to checking account userid & PW.
So what is going on. It's not a scam. They will do the loan at a higher rate of you do not provide the access.
The loan company can ACH a payment without needing access to checking account userid & PW.
So what is going on. It's not a scam. They will do the loan at a higher rate of you do not provide the access.