What are the advantages of Paydownhero?

○      Automating positive behavior ○      Paying down debt faster ○      Saving money on interest expense ○      **NOTE: the debit card / neobank brings a ton more features [...]

What are the advantages of Paydownhero?2022-08-01T07:30:56+00:00

How do I contact Paydownhero support?

Email us anytime at help@paydownhero.com or accountservices@paydownhero.com or Chat with us via our website customer service chat portal!

How do I contact Paydownhero support?2022-08-01T07:29:58+00:00

How do I delete my Paydownhero account?

 Reach out to us at accountservices@paydownhero.com and request we close out your account, we’ll send you a follow up email confirming it has been removed/deleted.

How do I delete my Paydownhero account?2022-08-01T07:29:28+00:00

What banks and auto loan companies are supported?

Yodlee supports approximately 90% of all financial institutions and lenders across the country, including all big banks with open banking resources, and many smaller credit unions, as well as captive (Ford Motor Company Finance etc.) [...]

What banks and auto loan companies are supported?2022-08-01T07:28:56+00:00

Why does Paydownhero need my bank account information?

Paydownhero needs a user’s bank account information to facilitate the roundups, as the roundups originate from the bank account the user chooses. The auto loan information is needed to successfully send the payments to the [...]

Why does Paydownhero need my bank account information?2022-08-01T07:28:15+00:00

How does the Paydownhero know how much to pay?

Paydownhero uses the software servicer, Yodlee, for bank account information. PDH is able to calculate the roundups and apply the correct amounts to corresponding payments leveraging its app technology.

How does the Paydownhero know how much to pay?2022-08-01T07:27:37+00:00

How does the Paydownhero work?

Paydownhero’s roundup app takes spare change from your daily transactions and sends additional payments to your car loan to pay down your auto debt faster. Daily bank transactions are rounded up to the next dollar. [...]

How does the Paydownhero work?2022-08-01T07:19:01+00:00

What is Paydownhero?

Paydownhero is a consumer fintech that helps users reduce auto debt and increase savings. Paydownhero’s first phase is led by its roundup app. Paydownhero has the only roundup app that supports micro-payments to auto lenders. [...]

What is Paydownhero?2022-08-01T07:18:30+00:00