Support Home Current Borrowers Can I make my monthly payment into two or more installments? Yes, you may make your monthly payment in two or more installments, as long as th… What portion of my payment is interest vs. principal? Interest accrues daily on the outstanding principal of the loan. This means that … What are my payment obligations? Your loan is a secured debt obligation that requires you to repay principal, accr… What happens if I am late on my payment? If we do not receive your minimum monthly payment by your monthly due date, we wi… Can I change my due date? The due date, which is stated in the dashboard and your promissory note, is a fix… Can I make additional loan payments? Yes, you can make extra payments to pay down your loan, or pay off your loan in f… How much additional interest will I incur for scheduling a recurring late payment? Because interest accrues daily on the unpaid principal balance, this amount will … How do I change my preferred bank account used for monthly recurring payments? The preferred bank account is the one used for monthly recurring automatic paymen… If I make a one-time payment, will it replace my scheduled payment? No. Creating a one-time payment will not replace your scheduled payments. Please … When does my repayment begin? Your first payment will be due roughly 30 days from your loan origination date. Y… What should I do if I’m having financial difficulties, and I can’t make my loan payment? If you are experiencing a hardship and cannot pay, please contact us immediately … How do I schedule two automatic payments per month? Yes, you can schedule two automatic recurring payments per month if you meet spec… How do I add a new bank account? To add a bank account after you have received your loan, visit your dashboard and… Can I turn off automatic ACH payments? Yes. You can disable or enable automatic recurring ACH payments at any time by lo… Can I pay off my loan early? Yes. There is no prepayment fee or penalty. You may prepay your loan in whole, or… What is Central Pacific Bank policy on repossession? Per your promissory note, an Event of Default may result in a negative credit rep… Applying for SCRA Benefits: A Complete Overview with Central Pacific Bank What is The Servicemembers Civil Relief Act? The Servicemembers Civil Relief Act …