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PREAUTHORIZED PAYMENT PLAN A VOLUNTARY EQUAL MONTHLY PAYMENT PLAN for property taxes and water/sewer is available to taxpayers in the TOWN OF LAURENTIAN HILLS. Sign this Authorization Form that allows
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How to fill out pre-authorized payment plan for

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How to fill out pre-authorized payment plan for

01
Get the pre-authorized payment plan form from the concerned company or financial institution.
02
Fill out your personal and financial information accurately in the form.
03
Provide details of the bank account or credit card from which the payments will be deducted.
04
Specify the frequency of payments (weekly, monthly, etc.) and the payment start date.
05
Determine the amount or percentage of each payment and mention it in the form.
06
Read and understand the terms and conditions mentioned in the form.
07
Sign the form and make sure all the required fields are filled correctly.
08
Submit the completed form to the company or financial institution either in person or by mail.
09
Keep a copy of the filled form for your records.
10
Review your bank statements or credit card statements regularly to ensure the payments are being deducted correctly.

Who needs pre-authorized payment plan for?

01
Pre-authorized payment plan is beneficial for individuals or businesses who have recurring bills or fixed payments.
02
People who have mortgage payments, rent, insurance premiums, utility bills, loan repayments, or subscription services can benefit from this plan.
03
It eliminates the hassle of manually making payments each month and ensures that the payments are made on time.
04
It can also be useful for people who prefer a predictable and automated payment schedule.
05
By setting up a pre-authorized payment plan, individuals can avoid late fees, penalties, or missed payments.
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A pre-authorized payment plan is used to allow automatic deductions from a payer's bank account to cover recurring payments, such as bills or loan repayments.
Individuals or businesses that wish to enroll in a recurring payment arrangement and wish to automate their payments are required to file a pre-authorized payment plan.
To fill out a pre-authorized payment plan, one typically needs to complete a form provided by the service provider or lender, including personal information, banking details, and the amounts to be deducted.
The purpose of a pre-authorized payment plan is to streamline payment processes by ensuring that payments are made on time without requiring manual intervention from the payer.
The information typically required includes the payer's name, address, banking information, payment amounts, frequency of payments, and consent for automatic deductions.
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