Skip to main content

Why do I need to link a bank account?

Written by Marcela Lobos

In order to have an active Debt line with Sivo, you must have a valid bank account where you can make payments from in order to cover your monthly minimum obligations.

Minimum monthly obligations include your minimum payment of $995 or the total amount of interest for the month (whichever is higher).

You can also make principal payments from your linked bank account at any time to reduce your balance.

Did this answer your question?