Payment Disclosures
PROFESSIONAL FINANCIAL SERVICES
Disclosure for Single Payment via Third Party Payment Processor on the Web
Customers who use the online payment third party processor hereby authorize PFS and its subsidiaries to initiate an electronic withdrawal from their indicated bank account in the amount entered. They affirm that they are the owners or authorized signers of the bank account(s) provided.
These customers understand that if this transaction is submitted after 8:00 PM EST, it will have an effective date of no sooner than the next business-banking day and will show as his/her withdrawal from the account on that date.
If a customer wishes to rescind his/her authorization and cancel this payment, or if the amount withdrawn from the designated account is different than the amount authorized herein, he/she may call 1-866-281-7043 during the following business hours: 8:30 am – 5:00 pm EST.
Payments received online after 8:00 pm EST will be posted or applied to the account on the next business-banking day, and late fees may apply if the payment is late/made after this time.
Disclosure for Recurring Payments via Third Party Payment Processor on the Web
Customers who use the online payment third party processor hereby authorize PFS and its subsidiaries to initiate recurring electronic withdrawals from their indicated bank account in the amount entered. They affirm that they are the owners or authorized signers of the bank account(s) provided.
The first payment will be withdrawn from the bank account on the date requested and subsequent payments will be withdrawn per the instructions for the duration of the term of the customer’s loan agreement or until the customer rescinds this authorization. If the scheduled date for a payment is a holiday, the withdrawal will be made on the next business-banking day.
Customers may use their username and password to make payments on their automobile loan from their checking or savings account(s).
These customers understand that if this transaction is submitted after 8:00 pm EST, it will have an effective date of no sooner than the next business-banking day and will show as a withdrawal from the account on that date.
If a customer wishes to rescind his/her authorization and cancel future payments, or if the amount withdrawn from the account is different than the amount authorized herein, the customer may call 1-866-281-7043 during the following business hours: 8:30 am – 5:00 pm EST.
Payments received online after 8:00 pm EST will be posted or applied to the account on the next business-banking day, and late fees may apply if the payment is late/made after this time.
Revision Date: 09/14/2017