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How Do I Set Up Automatic Deductions to Make My Payments?

If you wish, Universal Lenders LLC will deduct your monthly payments from your checking or savings account or your credit card on your due date. An Authorization Form will need to be completed and faxed back to Universal Lenders LLC at 773-889-4508. You may also scan/email the form to

You may download the Authorization Form from this screen.

Things to remember:

When your due date falls on a non banking day the funds will be deducted the next business day.

You are still responsible for NSF fees or over limit charges if there are insufficient funds to automatically deduct. We will attempt to deduct up to 3 times.

The Authorization Form needs to be received at least 14 business days prior to a payment due date in order to deduct a payment on that date.