A Better Way to Pay
REPAY is live and ready to use
We have updated our online loan payment experience to make managing your payments simpler and more reliable. Ripco now partners with REPAY, which lets you pay your Ripco loan online using an account from another financial institution, quickly and securely.
If you have paid a Ripco loan online before, you knew this service as LoanPay Xpress. Same idea, better platform. This page walks through what changed, what carried over on its own, and how to make your next payment.
What Changed
The short version
- LoanPay Xpress is no longer available for payments
- REPAY is live and available to use
- Your saved ACH payment information transferred over automatically
- Any recurring payments set up previously will continue as scheduled
If you had a recurring payment running through the old system, you do not need to rebuild it. It continues on the same schedule, so there is no gap and nothing to catch up on.
Pay Your Loan Anytime
What you can do in the portal
Getting started is simple. Enter your information, choose your payment method, and make your payment. With the REPAY Loan Payment Portal, you can:
- View your loan balance, payment amount, due date, and payment history
- Make one-time, recurring, or scheduled payments
- Choose flexible payment methods, including debit cards or account numbers
- Log in with a REPAY account or use the guest lookup option
Because the portal is online, you are not waiting for lobby hours to pay a loan. If your paycheck lands on a Friday night or you would rather handle bills on a Sunday morning, the portal is open when you are.
Payment Methods and Fees
What each option costs
ACH payments have no fee and can be set up for automatic recurring payments. Debit card payments include an $8* fee and are not available for recurring payments.
That difference is worth knowing before you choose. If you pay your loan every month, paying by ACH from a checking or savings account is both the free option and the one you can automate. A debit card makes more sense as a one-time payment, for example when you want a payment to land today and your usual account is not the one you want to use.
*Complete terms and conditions are disclosed within the REPAY application. Please log in to view.
Register or Use Guest Lookup
Both work, and it depends how often you pay
Guest lookup lets you make a payment without creating a login. It is the quickest route when you are paying once and do not expect to come back soon.
Creating a REPAY account takes a little longer the first time and saves time after that. You can see your balance, payment amount, due date, and payment history in one place, and you can set up a recurring ACH payment so the loan payment takes care of itself each month.
If you are not sure which fits, stop by, text, or chat with a Universal Member Agent and we will walk through it with you.
Before You Pay
What to have ready
- Your Ripco loan information, including the loan suffix if you have more than one loan with us
- The routing and account number for the account you are paying from, if you are paying by ACH
- Your debit card number and billing details, if you are paying by card
The loan suffix matters most if you have more than one loan at Ripco, because it is what points the payment at the right one. Your monthly statement shows it. If you cannot find it or you are not certain which loan you are looking at, ask us before you pay rather than after.
It is also worth a look at the payment amount and due date on the confirmation screen before you submit. A payment sent to the wrong loan is fixable, but it is far less work to catch it up front.
Timing and Confirmation
Knowing the payment went through
Once you submit, look for the payment confirmation and keep it. That is your record that the payment was accepted, and it is the fastest way to sort out a question later.
Processing is not always instant. When money moves from an account at another financial institution, that institution's timing is part of the picture, so a payment can post the same day or on the next business day depending on when you send it. If your due date is close, give the payment a little room rather than sending it the night before.
Common Questions
Can I still use LoanPay Xpress?
No. LoanPay Xpress is no longer available for payments. REPAY is the current portal for paying a Ripco loan online.
Do I have to set up my recurring payment again?
No. Any recurring payments set up previously will continue as scheduled, and your saved ACH payment information transferred over automatically.
Can I pay from an account at another bank or credit union?
Yes. REPAY is built for exactly that. You can pay your Ripco loan using an account from another financial institution.
Is there a fee to pay online?
ACH payments have no fee. Debit card payments include an $8* fee and cannot be set up as recurring payments.
Do I need an account to make a payment?
No. You can use the guest lookup option for a one-time payment. Registering is worth it if you pay monthly or want to see your payment history.
Managing the Rest of Your Accounts
Online Banking and the Ripco Mobile App
REPAY is for paying a Ripco loan from an outside account. If you bank with us day to day, you can also track your loan balance, review payment history, and set up automatic transfers inside Ripco's digital banking. A recurring transfer from your Ripco checking account is another way to make the payment automatic.
Questions about a payment?
We are happy to help
Stop by, text, or chat with a Universal Member Agent. We can help you find your loan suffix, decide between ACH and a debit card, or get a recurring payment set up so next month is one less thing to think about.