5 min read · Aug 2, 2023
--
If you have an auto loan through TD Bank, making your monthly payments on time is essential. TD offers various convenient payment options to pay your TD auto finance bill both online and through traditional methods.
This guide explains how to pay your TD auto loan payment on the web, through the mobile app, by phone, by mail, and in person. We’ll also cover tips on setting up autopay, managing your account online, and getting receipts for your records.
Overview of Paying a TD Auto Finance Bill
TD Bank aims to make managing your auto financing account straightforward. Below are key things to know about paying your TD auto loan bill:
- Payment is due each month on your set due date
- Multiple free payment options available
- Can pay any extra amount toward principal
- Autopay enrollment deducts payment automatically
- Keep records of payment receipts
As long as your monthly payment arrives by the due date, you can use any payment method that suits your needs.
Paying Your TD Auto Loan Bill Online
Paying your TD auto finance loan online is fast and secure. To do so:
- Visit td.com and log into online banking
- Access account dashboard and select auto loan
- Click “Make Payment” and enter payment amount
- Input payment source such as bank account
- Review details and submit payment
You’ll receive a confirmation number and receipt via email. Paying online avoids postal delays.
Using the TD Mobile App to Pay
The TD Bank mobile app also allows quick auto loan bill payment from your smartphone or tablet. Just:
- Download and open the TD app
- Log in and access your auto loan account
- Use the app interface to make your payment
- Get emailed confirmation upon completion
The mobile app provides 24/7 access from anywhere, great when on the go.
Paying Your Auto Loan Bill by Phone
To pay your TD auto finance loan over the phone:
- Call 1–888–561–8861, the dedicated TD auto finance line
- Provide identifying account information to the representative
- Specify the payment amount you want to make
- Follow prompts to input payment source details
- Note the confirmation number at end of call
Phone payments require having your account info handy but provide personalized support.
Paying by Mail with Check or Money Order
To mail in a payment the old-fashioned way, simply:
- Make check or money order payable to TD Auto Finance
- Include your account number in the memo
- Mail to: PO Box 16035, Lewiston, ME 04243
- Allow 7–10 business days to post to your account
While slower to process, this traditional payment method works if you prefer to pay by check.
Paying Your Bill In Person at a TD Bank Location
For in-person payments, you can visit any TD Bank branch and:
- Inform the teller you want to make an auto loan payment
- Provide them your TD Auto Finance account number
- Hand over your payment in cash, check, or debit card
- Receive a receipt immediately upon paying
Branch hours are limited but in-person payment might work well with your schedule.
Setting Up Autopay for Automatic TD Auto Loan Payments
Enrolling in TD Auto Finance autopay deducts your monthly loan payment automatically each billing cycle. To enroll:
- Sign into online account management
- Locate the autopay section under your auto loan account
- Enter your preferred payment source
- Select the date for monthly withdrawals
- Review disclosure terms and enable autopay
Autopay prevents ever missing a payment due date. You can cancel or change the setup anytime.
Getting Receipts for Your Auto Loan Payments
No matter how you pay your TD auto loan, it’s wise to save payment receipts and confirmations. Retain records of payment receipts as proof the lender received them for your files.
Receipts also help quickly resolve any payment disputes that may arise. TD can resend receipt copies upon request if you misplace yours.
Logging Into Online Account Management
TD provides an online dashboard for reviewing your auto loan details and making payments. To access it:
- Go to td.com and log into online banking
- From account overview, select your auto loan account
- Choose account management to view balance, statements, etc.
- Manage autopay settings and make one-time payments
The online portal provides 24/7 account visibility and payment flexibility in one spot.
Making Additional Principal Payments to Pay Off Loan Faster
When paying your bill online or by phone, TD allows selecting an additional principal amount above your regular monthly payment.
Adding extra principal monthly shortens the payoff timeline by reducing the overall interest owed. Even small extra amounts help pay off your auto loan faster and for less.
Avoiding Late Fees and Missed Payments
Paying late leads to fees and credit score impacts, so diligently avoid missed TD auto loan payments:
- Calendar your monthly due dates
- Sign up for autopay as a backup
- Enroll in reminders for your account
- Check balance regularly to anticipate issues
- Know grace period if periodically late
Staying on top of your account makes meeting deadlines easy. Immediately address any missed payments.
Getting Account Support From TD Auto Finance
If any issues arise with making payments or account management, TD auto finance offers support:
- Call toll-free 1–888–561–8861
- Chat live via online account portal
- Email questions to tdautofinance@td.com
- Visit a local TD Bank branch for in-person assistance
TD aims to resolve account issues promptly so payments stay on track.
FAQs
What are the monthly payment due date options?
You can select a payment due date that aligns with your pay schedule, like 1st, 15th, or end of month when setting up the loan.
Is there a grace period if I miss the due date?
TD Bank offers a 15 day grace period after the due date before a late fee is charged. But interest still accrues.
How can I change my monthly autopay date?
Log into online account management and edit the autopay settings as needed to adjust the scheduled monthly withdrawal date.
What fees does TD charge for late payments?
If 15 days past due, a late fee of $20 or 5% of the late payment (whichever is less) is assessed.
How do I get receipts if paying by mail, phone, or in person?
Request an emailed receipt when paying by phone. For other methods, call customer service and they can resend your receipt.
Never missing a payment is essential when financing a vehicle, and TD Bank offers numerous ways to pay your bill conveniently. Follow the steps outlined to take care of your monthly auto loan payment online, over the phone, or in person.
Sign up for autopay to guarantee never missing a payment date. With multiple options at your fingertips, it’s easy to stay on top of your TD auto finance loan.
https://wiack.com/auto-loans/td-auto-finance-pay-bill/?feed_id=2318&_unique_id=64cade5e214d2 #Wiack #Car #CarPrice #CarInsurance
