Weekly repayments

Our weekly repayment plan consists of up to 52 weekly repayments on the day of the week the draw was initiated. To change the day of the week the payment is initiated, reach out to our support team.

Monthly repayments

Our monthly plan repayments are spread over 12 months. Repayments for all draws you made will be due on the same day each month. You can change your repayment date once every three months as long as your account is in good standing.

To change the day of the month your repayments are initiated, follow these steps: 

1. Sign in to your Bluevine dashboard.

2. Select the settings icon in the upper right-hand corner.

3. Within the Settings menu, navigate to the Line of Credit tab.

4. Locate your current monthly repayment date listed under your funding and repayment accounts. 

5. Click on the underlined number and enter any date from 1–28.

6. Click the green check mark to save your changes.

If your new repayment date is less than 37 days from the date of your last repayment, your next repayment will be due on the date you choose. You can make additional repayments or pay off any draw at any time.

If your new repayment date is more than 37 days from the date of your last repayment, we’ll initiate an additional debit to keep you on schedule. This additional repayment will be charged on the next business day following the repayment date change. After that, your repayments will initiate each month on the date you selected. If this additional debit is needed, we’ll notify you before confirming the repayment date change.

• For example, if your last repayment was on September 5th, then your next repayment would normally be on October 5th. If, on October 2nd, you decided to push your next repayment date to October 30th, your new repayment date would be more than 37 days from your last repayment date, so we’d bill you on the following business day. After that, your next repayment dates would be October 30th, November 30th, December 30th, etc.

If you have further questions about changing your repayment date, reach out to our support team.