BayPort Credit Union

Get out of debt faster (and save on interest).

Pay ahead on your loan or build your emergency fund... Why not both? Introducing Take-Backs™.

Benefits you’ll love.

  • Remove a bill from your budget faster.
  • Access funds for surprise costs anytime.
  • Preview changes before you make them.
  • Never worry about fees or penalties.

Take-Backs in Action


Video | Watch Now
Introducing Take-Back Loans from BayPort.

Take control of your loan.

Take-Backs empower you to pay ahead because you can access extra funds over your monthly minimum payment. Anytime. Any reason. Penalty-free.

Take-Back Loans dashboard

Here’s how Take-Backs work.

Step 1

Pay ahead on your loan.

Pay more than your minimum monthly payment as your budget allows. Easily access your personal dashboard in online banking to see the impact of changes before you make them.

Step 2

Build your balance.

Every dollar you pay above your minimum payment gets added to your Take-Back balance. You can access this extra cash whenever you want. No penalties. No fees. Just financial relief.

Step 3

Get out of debt faster.

The more you pay ahead, the faster you can pay off your loan. And the more money you have available to access if you need it later. Giving you peace of mind today and tomorrow.

Step 4

Save on interest.

Paying off your loan early means you’ll owe less interest. The sooner the balance is paid off, the more money you’ll save! Just one more reason to celebrate being debt-free.

FIND FINANCIAL FLEXIBILITY
You can apply for a new loan with Take-Backs. Or add Take-Backs to your current BayPort loan. Are you ready to manage debt differently? Find my new loan

When could you use a Take-Back?

Cover surprise costs right away. Or keep saving for a rainy day. No matter what you do, you’ll never pay fees or penalties.

Take-Back Loan examples

FAQs

Which loans come with Take-Backs?
What happens when I get a Take-Back?
What if I never use a Take-Back?
Can I add Take-Backs to loans from other financial institutions?
Is there a penalty for paying off my loan early?

Get Take-Backs for free!

Seriously. There are no fees or prepayment penalties. Your rate and term remain the same. Just turn it on and use it when you need it.

Find my new loan

(757) 928-8850 · (800) 928-8801

Find a Branch

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.

Our website contains links to websites owned and operated by third parties. If you use these links, you leave our website. BayPort Credit Union has no control over the contents of such linked websites or third parties and is not responsible for these websites, their content, or availability.

equal housing opportunity logo ncua logo

You're leaving our website. ×
Cancel
Leave site