Online Payment Disclosure for ACH Debit

I understand that the following terms apply to this authorization:

• ACH payments ARE PROCESSED DAILY AND FUNDS WILL BE DEDUCTED FROM MY BANK ACCOUNT THE DAY I MAKE MY PAYMENT.
• If my payment is returned, NFC will impose a return fee of:
  • $35 to North Carolina customers, or the maximum allowed by law at the time such fee is incurred.
• If my ACH payment is returned, I must make a payment by other means.  NFC will not accept a subsequent ACH payment attempt for this payment.  If my payment is not made by the due date, I owe NFC a $18 late payment fee, or the maximum allowed by law at the time such fee is incurred.
• NFC is relying on the information I entered. If the information is incorrect, the debit may be returned, which could result in my payment being late.
• If I make my payment after business hours, on a weekend, a holiday, or other day that NFC is closed for business, my transaction will be posted to my NFC loan account the next business day but may be drafted from my bank account on the same day or sooner than the payment is posted to my loan account. If I want my payment to be posted to my loan on the same business day, I must make a payment in person or call the NFC office that handles my loan and submit a payment over the phone.
• This authorization is valid for a single transaction. If I wish to make a future payment, I must complete this authorization process each time. NFC will not retain my bank account info.
• Payments cannot be scheduled for a future date.
• If I wish to rescind this authorization and cancel this payment, or the amount withdrawn from my account is different than the amount authorized herein, I must call (843) 280-0130 during normal business hours for payment support.
• I assert that I am the owner, or an authorized signer of the bank account I use to make this payment.