What is an ACH payment and how does it work?
ACH stands for Automated Clearing House and is a form of electronic debit, which behaves much the same as a paper check. When we present an ACH request to your bank, it will send the specified amount of loan fees and/or principal to CashNetUSA that were outlined in your loan agreement. If the payment is returned for reason of insufficient funds, CashNetUSA can and will re-present the ACH Authorization to your bank.
