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AUTHORIZATION AGREEMENT FOR AUTOMATIC CREDIT CARD PAYMENTS Residential Customers Only ** Bills cannot exceed $1,200 per month ** I (We) hereby authorize Arkansas Valley Electric Cooperative Corporation
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What is automatic credit card payments?
Automatic credit card payments refer to a system in which a credit card holder authorizes their credit card company to deduct the amount due on their credit card bill automatically from their bank account on a pre-determined date each month.
Who is required to file automatic credit card payments?
Any credit card holder who wishes to automate the payment process of their credit card bills can opt for automatic credit card payments.
How to fill out automatic credit card payments?
To set up automatic credit card payments, the credit card holder needs to provide their credit card company with their bank account information and authorize the company to automatically deduct the amount due on their credit card bill on a specific date each month.
What is the purpose of automatic credit card payments?
The purpose of automatic credit card payments is to simplify the payment process for credit card holders, ensuring that their credit card bills are paid on time each month without the need for manual intervention.
What information must be reported on automatic credit card payments?
The information required for automatic credit card payments typically includes the credit card holder's bank account details, authorization to deduct the payment amount, and the preferred payment date each month.
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