Your loan agreement includes a pre-authorized debit agreement and all regular payments are processed according to this agreement.
If you want to schedule an additional payment to be withdrawn from your bank account:
- Make Sure you contact us at least 2 business days before your next payment is due.
- Log into your MogoAccount by clicking HERE to set up an additional payment. (Not available for all products)
- Once the chat bubble pops up, click "Manage my existing loan" and follow the prompts.
Remember that some regular loan payments don't include any principal, so you need to make extra payments to reduce your principal balance.
Quick link to our login page - https://www.mogo.ca/member/dashboard/loans?chat=expanded