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2,499 results found
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Getting a Mortgage in 2021? Take These 3 Steps
Just as 2020 was a great time to get a mortgage, so too is 2021 shaping up to be a good year to apply for a home loan.
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What To Do With Excess Funds In Your Child’s 529 Plan—A Good Problem To Have
What do you do with "extra" funds in your child's 529 Education Savings Plan after they've finished college, or gone in a different professional direction?
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What is a line of credit loan?
A line of credit loan is a flexible loan that allows you to borrow what you need, as you need it, up to a set credit limit. As long as you follow your repayment terms, the loan remains open and you can borrow again. The most common example is a credit card, where you can continue to use it month after month, provided your account is in good standing. Other examples include Home Equity Lines of Credit (HELOCs) and revolving lines of credit for businesses.
The contrasting loan type is a fixed loan, where you’re given a set amount of funds upfront, with the expectation that you repay the loan amount with interest over a set period of time. Once you’ve paid off the loan, there’s no opportunity to borrow again; you’d need to reapply for another loan. Common examples include mortgages, car loans and personal loans.
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Is there a way to stop an automatic loan payment if I don't have funds in my account to cover it?
We are not able to stop a single payment, but we can cancel the entire automatic payment service at your request. You can re-establish automatic payments when you are ready.
Requests should be received at least 5 business days prior to the payment due date.
For mortgage loans:
Requests to cancel automatic payments can be submitted within Online and Mobile Banking using Mortgage Manager. They can also be submitted by completing our Mortgage Loan Auto Pay form and either returning it to a banking center or mailing it to PO Box 3728, Evansville, IN 47736.For all other personal loans:
Requests to cancel automatic payments can be submitted by completing our Consumer Loan Auto Pay form and either returning it to a banking center or mailing it to PO Box 3728, Evansville, IN 47736.Please note that late payment fees may apply if we do not receive your loan payment by the due date.
If you have questions or need assistance, please call Client Care at 1-800-731-2265.
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3 Steps to Choosing a Health Insurance Plan for 2024
Health insurance is one of those things you should really never go without. All it takes is a single emergency room trip
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Tips for CFOs seeking tariff refunds
The Supreme Court’s February ruling opened the door to new questions for CFOs about the mechanical process their companies must navigate to recoup any IEEPA tariff refunds owed, as well as about the impacts any windfall might have across their business.
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Unemployment May Give You More Money, But It Can't Give You This
Unemployment benefits are looking a lot better than usual these days, thanks to the extra $600 per week the CARES Act provides to all recipients during the COVID-19 pandemic. Some people are actually earning more money from unemployment benefits than they did working their normal jobs, but even for these individuals, u
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Untangling Your Finances When You Divorce: Don’t Forget These Important Details
Divorce is an emotional time for everyone involved, but neglecting diligent follow up can impact your finances.
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Roland B. Shelton
Roland B. Shelton is Chief Strategic Business Partnership Officer at Old National.
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Building a Solid Financial Foundation
When you read about money matters, you may see the phrase, “getting your financial house in order.” What exactly does that mean? To some, when your