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In the Scheduled Online Payments table in the Payments section, several terms appear under the Status column. How many Status terms are there and what do they mean?

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In the Scheduled Online Payments table in the Payments section, several terms appear under the Status column. How many Status terms are there and what do they mean?

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Processing — Toyota Financial Services is preparing to send your payment order to your bank. Your bank account should be debited on or after the credit date. Cancelled — Either you or TFS has cancelled your payment. This may happen, for example, if your account has been closed, you have reached the end of your finance or lease term or your account is in bankruptcy. Failed — Your bank has rejected payment. This may happen, for example, if your account has insufficient funds or your account has been closed. Please contact your financial institution for additional information. Edit — If your upcoming payment has not entered Processing status, you can change your payment information by clicking “Edit” and submitting your updated information. Cancel — If your upcoming payment has not entered Processing status, you can cancel one or all upcoming recurring payments by clicking “Cancel”.

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