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Please fill out this form to allow NASB to set up automatic draft debits from your checking or savings account.
If you have any questions, please contact Loan Customer Service at 1-800-677-6272 option 5, option 2 or via e-mail at email@example.com.
Please allow 2-3 business days for processing.
Automatic draft agreement:
By signing below, I am authorizing NASB to debit my checking or savings account for my monthly loan payment. I understand that the amount debited monthly will include any changes in the monthly payment resulting from a change in the escrow (taxes/insurance)
and/or the principal and interest payment for an adjustable-rate loan.
I understand that payments due on a weekend or holiday will be debited on the next business day.
NASB reserves the right to revoke this authorization in the event of a Stop Payment on a Draft without prior notification; preparation of a payoff quote; account closed without prior notification, and/or two or more insufficient drafts in one year. If
my loan becomes delinquent, I understand that the automatic payment may not occur, and I will be responsible for any late charges or penalties.
I understand that NASB requires at least three business days prior written notice in order to cancel or change this authorization. Notification must be mailed to NASB at the address shown above or emailed to firstname.lastname@example.org
DISCLAIMER: By typing your name below, you are signing this application electronically. You agree that your electronic signature is the legal equivalent of your manual signature on this application. Please allow 2-3 business days for processing.
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