Is the day I set the Recurring Deposit request the day the funds land or the day they are withdrawn from my bank?

The day you set the Recurring Deposit is the day the funds will be requested from your bank account. The deposit to your Lending Loop account will take an additional 4 business days due to standard transfer times. In the instance that the day the request or deposit falls on a non-business day (i.e. weekend or holiday) the request will be made on the following business day.   For example, if the recurring deposit date is on Saturday, the funds will be withdrawn from your account on Friday.


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