Handling over
1.3 Billion
in active loan balances
Automated Budget
Management
Hank looks at all monthly payments in relation to when you get paid and determines how much we should debit on a weekly, biweekly, monthly or semi-monthly basis in order to smooth out your cash flow and reduce debt more quickly.
Accelerate and
Save
Potential to accelerate the payoff of your debt and reduce the total interest paid with Hank’s
Roll Down
Method
Ranks multiple debts by highest
interest or ‘cost’ and calculates the most efficient way to pay the most expensive debts first.
Budget
Tools
Hank adds structure to how cash is managed and then manages it for you which keeps you on track for long term benefits.
First Class
Support
Professional client service representatives available to assist you along the way.
Financial Wellness
When you sign up for Hank, we withdraw money from your account on a pre-agreed schedule (weekly, biweekly or monthly) and set it aside in an FDIC-insured account for you.
Hank learns when your bills and debt payments are due, and automatically uses the cash that has built up to make payments on your behalf, on the dates they are due. The more payments and debts you put on Hank to manage, the more you can count on the money left in your bank account being yours to spend because your major bills have been taken care of. No more check writing and calculating how much money you have to keep aside to pay next week’s bills.
Find Out
what works best
for You
We know everyone’s finances are unique. We all have different debts and different payrolls. Hank helps manage your cash flow for you. Whether you try Hank for one payment or all your payments, we recommend you contact us to find out what works best for you.
Estimated Interest Saved represents interest payments that are not made as a result of early loan payoff. Figures are estimates which include Debit Service Charges in the Hank Debit Amount and deduction of all membership fees from savings.
Copyright © 2021 Hank Payments Corp. All Rights Reserved
The Hank Payments™ Automated Payments Program (the “Hank Payments Program”, “Payments Program” or “Program”) is issued through Metropolitan Commercial Bank (“MCB”), member FDIC and is administered by Hank Payments Corp. The Program is marketed and distributed on a non-exclusive basis by Hank Payments Corp. (“Hank Payments”).
2. This benefit is not available to all customers. Eligibility is dependent on (1) your loan repayment schedule and repayment status, and (2) your lender.
Copyright © 2021 Hank Payments Corp. All Rights Reserved