What is the difference between on-bill and off-bill financing?

What is the difference between on-bill and off-bill financing?

With on-bill financing, your monthly loan payment will be added onto your monthly energy bill. On-bill financing is not available through all local power companies. 

With off-bill financing, offered by Vanderbilt Mortgage and Finance Inc., you’ll receive a separate bill each month for your loan payment. 

Check with your local power company to find out what type of financing is available to you.