How are payments made to merchants?
Payments are made either electronically by ACH [Automated Clearing House Network], which is transmitted 2 business days prior to the due date, or by check, which is mailed 5 business days before the due date. The payment method is dependent upon the payment method accepted by the merchants. All payments are made by a third party vendor we work closely with. Go back. Q: What is the Payment Guarantee? A: If a properly scheduled payment is not received and posted on time by the payee, we will attempt to have any late fees or assessed finance charges removed, but if the merchant is unwilling or unable to remove them, we will be responsible for the fees and finance charges and will pay them directly to the merchant. We will request that your account at the merchant be noted appropriately so that the situation does not negatively impact your credit rating. The Payment Guarantee applies to late fees and/or finance charges associated with the late posting of a payment, provided that the follow
Payments are made either electronically by ACH, which is transmitted 2 business days prior to the due date, or by check, which is mailed 5 business days before the due date. The payment method is dependant upon the payment method accepted by the merchants. Your initial payment is always paid by check.
