Frequently asked questions
How long does the approval process take?
Most loans are approved over the phone in minutes.
How long is my credit application good for?
Good for 120 days from application date.
What is EnerBank's approval rate?
About 80% of our loan applications are approved.
What is unsecured loan?
An unsecured loan means there is no collateral or lien on your home.
Is there a penalty for paying off my loan early?
No, there is no penalty.
How to make a payment?
On line payments
- Free of charge
- Fill out the Automatic Debit Form or send in a letter with required banking information: 1245 Brickyard Road, Suite 600 Salt Lake City, UT 84106-2581
- Set-up EnerBank as a new payee with your Bank
- Have your bank deduct the payment from your account and make a payment to EnerBank
- P.O. Box 26856
- Salt Lake City, UT 84126-0856
- 1245 Brickyard Road
- Suite 600
- Salt Lake City, UT 84106-2581
- There is a $4.95 fee per transaction
- Payment must be from a personal checking or savings account
- Call 888-390-1220 option 1