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PRE-AUTHORIZED DIRECT DEBIT CONSENT AGREEMENT. In the event that AFC Credit Corporation or AFC Acceptance Corporation (collectively AFC) enter into or acquire.
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What is afco pre-authorized direct debit?
AFCO pre-authorized direct debit is a payment arrangement where an individual authorizes a company to automatically withdraw money from their account to pay bills or make payments.
Who is required to file afco pre-authorized direct debit?
Any individual or business that wishes to set up automatic payments using AFCO pre-authorized direct debit must file the necessary paperwork.
How to fill out afco pre-authorized direct debit?
To fill out AFCO pre-authorized direct debit forms, individuals must provide their banking information, payment amount, payment frequency, and any other required details.
What is the purpose of afco pre-authorized direct debit?
The purpose of AFCO pre-authorized direct debit is to simplify the payment process for both parties involved, ensuring that payments are made on time and without the need for manual intervention.
What information must be reported on afco pre-authorized direct debit?
Information such as the individual's banking details, payment amount, payment frequency, and authorization for the direct debit must be reported on AFCO pre-authorized direct debit forms.
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