How do I make early or extra payments?

2 min read

You can make a one-time payment from your Member Center, by check, or over the phone. 

Unless you specify otherwise, one-time payments go toward your current monthly payment first, and any additional amount beyond that goes toward your principal balance. So if you’ve already made your full monthly payment before your due date, additional payments are “principal-only” payments.

Keep in mind that if you make early payments that don’t fully cover your next upcoming payment amount, you’ll still be responsible for your full monthly payment. If you’re on autopay, your full monthly amount will still be withdrawn from your linked account as scheduled.

If your account is on track and you want an extra payment to go toward the principal immediately, you can indicate that when you make the payment. You can also fully prepay your obligation anytime. If you choose to pay off your account early, you won’t owe any more interest, and your monthly payments will end. Take note that some payment options might not be available for these principal and payoff payments.

Pay online

  1. Sign into your Member Center.

  2. Click View Loan, then Make a Payment.

  3. Under Payment Type, select Principal only.

  4. Enter the amount you want to pay and click Next. If you need to change the amount, click the back arrow and enter a new amount.

  5. Review your payment details, then click Pay Now. You’ll see a "Success!" message once the payment is complete.

    Note: The review page shows the payment amount, date, bank name, and the last four digits of your bank account. It also tells you the earliest date your payment can be processed. Once you click Pay Now, you can’t go back or change the payment amount.

Pay by check

If you want to make a principal-only payment by check, you can send us your check payment by postal or courier mail. Make your check payable to "Happen Bank" and write your name (if it's not on your check) and account ID on your check, along with the letters "AP" so we know to apply the funds as an extra payment. For example: AP #123456789 Jane Well.

Mail your check to one of these addresses:

  • Postal mail:

    Happen Bank
    Lockbox Services - 134268
    P.O. Box 884268
    Los Angeles, CA 90088-4268

  • Courier mail:

    Lockbox Services - #0134268
    Happen Bank
    3440 Flair Dr.
    El Monte, CA 91731

Pay by phone

If you’re not enrolled in autopay, you can call us to make a principal-only payment. Please have your bank account information ready when you call.

Call us toll-free at 844-227-5011:

  • Monday – Thursday: 5 am – 8 pm PT

  • Friday: 5 am – 5 pm PT

  • Saturday: 8 am – 5 pm PT 

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For Personal Loans, APR ranges from 5.96% to 35.99% including origination fee. Most origination fees range from 0% to 8% of the loan amount. Origination fee may be higher for applications submitted through or referred by select partners. APRs and origination fees are determined and disclosed at the time of application. The lowest APR and origination fee may be available to borrowers with excellent credit, subject to additional factors including, but not limited to, loan amount, loan term, and sufficient investor commitment. Origination fee may be referred to as processing fee for certain products. Advertised rates and origination fees are valid as of November 5, 2026, are subject to change without notice and may not be available for all Personal Loan products and/or through all application channels or platforms.

A representative example of payment terms for a Personal Loan is as follows: a borrower receives a loan of $15,262 for a term of 36 months, with an interest rate of 13.99% and a 6% origination fee of $916, for an APR of 18.40%. In this example, the borrower will receive $14,346 and will make 36 monthly payments of $522. Loan amounts range from $1,000 to $75,000 and loan term lengths range from 24 months to 84 months. Some amounts, rates, and term lengths may be unavailable in certain states, and may not be available for all Personal Loan products and/or through all application channels or platforms.

Credit eligibility is not guaranteed. APR and other credit terms depend upon credit score and other key financing characteristics, including but not limited to the amount financed, loan term length, and credit usage and history.

Unless otherwise specified, all credit and deposit products are provided by Happen Bank, N.A., Member FDIC, Equal Housing Lender (“Happen Bank”), a wholly-owned subsidiary of Happen, Inc., NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit products are subject to approval, which may include credit approval. 

Our mailing address is: Happen Bank, N.A., 88 Kearny Street, Suite 600, San Francisco, CA 94108. 

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