# Payment questions

URL: https://togetherloans.com/faq/payments
Updated: 2026-11-02

Everything about paying your loan: when payments are due, ways to pay, paying off early, and where to turn if a payment feels hard to make.

Due dates, ways to pay, and help.

## Payments

- [Who makes the monthly payments?](https://togetherloans.com/faq/who-makes-the-monthly-payments.md): Who pays monthly? Borrower makes all payments. Cosigner only pays if borrower misses payment. Clear payment responsibility breakdown explained. HTML: https://togetherloans.com/faq/who-makes-the-monthly-payments
- [Can I take a payment break?](https://togetherloans.com/faq/can-i-take-a-payment-break.md): Payment holidays available? No, Together Loans doesn’t offer payment breaks or holidays. We help you stay on track with original loan agreement terms. HTML: https://togetherloans.com/faq/can-i-take-a-payment-break
- [Can I make extra payments?](https://togetherloans.com/faq/can-i-make-extra-payments.md): Make extra loan payments: Yes! Save money with daily interest calculation. No early settlement fees. Pay more anytime to reduce loan cost and duration. HTML: https://togetherloans.com/faq/can-i-make-extra-payments
- [Can I make a smaller monthly payment?](https://togetherloans.com/faq/can-i-make-a-smaller-monthly-payment.md): Smaller monthly payments? No, full payment required on time to maintain agreement and build credit rating. Consistent payments essential for loan terms. HTML: https://togetherloans.com/faq/can-i-make-a-smaller-monthly-payment
- [What happens when a payment fails?](https://togetherloans.com/faq/what-happens-if-a-payment-fails.md): Failed payment process: Both borrower and cosigner notified immediately. Together Loans contacts borrower first to resolve before involving cosigner. HTML: https://togetherloans.com/faq/what-happens-if-a-payment-fails
- [Why is the loan paid out to my cosigner's bank account?](https://togetherloans.com/faq/why-does-the-loan-go-into-my-cosigners-bank-account.md): Why loan paid to cosigner: Prevents fraud and ensures cosigner understands their responsibility. Cosigner then transfers funds to borrower safely. HTML: https://togetherloans.com/faq/why-does-the-loan-go-into-my-cosigners-bank-account
- [Can I pay early?](https://togetherloans.com/faq/can-i-pay-early.md): Pay before due date: Yes, make early payments anytime using online portal. No cost for early payment. Flexible payment timing to suit your budget. HTML: https://togetherloans.com/faq/can-i-pay-early
- [What are the different ways I can pay you?](https://togetherloans.com/faq/what-are-the-different-ways-i-can-pay-you.md): Payment methods: Automatic ACH payments (recommended) or manual online payments anytime. Flexible payment options to suit your needs and preferences. HTML: https://togetherloans.com/faq/what-are-the-different-ways-i-can-pay-you
- [How do I make a repayment or settle my loan?](https://togetherloans.com/faq/how-do-i-make-a-payment-or-settle-my-loan.md): Make payments or settle loan: Pay online anytime or call Together Loans. Extra payments and early settlement have no fees. Save money paying early. HTML: https://togetherloans.com/faq/how-do-i-make-a-payment-or-settle-my-loan
- [What if I can't pay?](https://togetherloans.com/faq/what-if-i-cant-pay.md): Can’t make payment? Contact Together Loans immediately. We’ll try to find resolution before contacting cosigner. Communication is key to avoiding issues. HTML: https://togetherloans.com/faq/what-if-i-cant-pay