You authorize John Deere Financial to deduct the regular, ongoing or recurring payments from your chequing or savings account. Pre-Authorized Payment Plan (PAP) may be used for all payment schedules - monthly, quarterly, semiannual or annual.
How
do I request to sign-up for Pre-Authorized Payment Plan (PAP)?
There
are three ways for you to complete and submit a request to sign-up for Pre-Authorized
Payment Plan (PAP):
- Download the appropriate PAP form in PDF format, complete the form and sign it, OR complete the form online, print the completed form and sign it.
To view PDF files you will need Adobe® Reader®. Download Adobe Reader.
- Mail
or fax the completed form along with a copy of a voided cheque to John Deere
Credit.
Installment
Loan accounts for Agricultural, Lawn and Grounds Care, and Construction and
Forestry equipment
Mailing
Address
John Deere Financial
ATTN: Loan Servicing
1001 Champlain Ave. Suite 401
Burlington, ON L7L 5Z4 |
|
FAX
John Deere Financial Loan Service
1.888.446.1890 Or 905.319.1809 |
Cheque
Examples
To complete the Pre-Authorized Payment Plan (PAP) Authorization Form you will
need the following information:
- Your
John Deere Financial account information for all the accounts for which you wish
to setup Pre-Authorized Payment Plan (PAP).
- Bank
and account information, i.e., whether it is a savings or chequing account.
For most accounts, the account information is located similar to the sample
cheque below:
Sample
Cheque
Once the Pre-Authorized Payment Plan (PAP) Form is received, when can I expect
the first payment to be drawn from my account?
John Deere Financial requests the payment from your bank account on the due date, or
the next business day following the due date if it falls on a weekend or holiday.
Your next payment should be drawn from your bank account if that payment is
due in 10 or more days from the date your automatic payment authorization for
(or void cheque) is received. Please call Loan Servicing at 1.800.321.3766 to
confirm receipt of your authorization.
