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My first monthly payment is coming up - where do *you* make your payments?

Discussion in 'Model S' started by DMack, Apr 22, 2018.

  1. Az_Rael

    Az_Rael Supporting Member

    Joined:
    Jan 26, 2016
    Messages:
    5,582
    Location:
    Palmdale, CA
    Believe it or not, you are pretty unusual to be financed directly through Tesla. Most people get set up with Alliant or US Bank or some other company when they fill out the loan application from Tesla. Very, very few people actually get set up with Tesla Finance. So, we probably won’t be much help if you are looking for alternative payment options.
     
    • Like x 1
  2. welcomewagon

    welcomewagon Member

    Joined:
    Aug 3, 2017
    Messages:
    238
    Location:
    Dallas, TX
    Sorry to tell you, but it is definitely still your fault, not your banks. The company your paying doesn't care who it gets the money from, just that they get it. If your bank happens to not send the check to pay your credit card bill, you're still going to get hit with a late fee and possible impacts to your credit.

    The bank may reimburse you for the late fee etc, but you will still be on file as being late, and if enough time goes by, they can't do anything to fix the credit history.
     
    • Like x 1
  3. SSonnentag

    SSonnentag Rocket Scientist

    Joined:
    Apr 11, 2017
    Messages:
    1,636
    Location:
    Arizona
    I got my loan through Chase (1.49%) and never received any payment info either. I ended up going into one of their banks to get the account info and then created an online account to make the payments.
     
  4. DMack

    DMack Member

    Joined:
    Jan 15, 2018
    Messages:
    178
    Location:
    Oakland
    *UPDATE*

    It looks like Tesla finally rolled out an online payment portal that supports online payments and autopay:
    Welcome to Online Bill Pay Service

    No more calling in my payments :)
    (I don't use mail to pay my bills)
     
  5. balajeek

    balajeek Member

    Joined:
    Sep 25, 2018
    Messages:
    70
    Location:
    NJ
    FYI: I got my first bill for Oct 21st pay date and I setup with my banks online bill pay system, and on 21st my bank notified that they are unable to pay. spoke with them and found the reason why, I hope you don't make the same mistake.

    the address to pay on the statement says:

    US Bank
    New Jersey - Indirect Lending
    PO Box 790179
    St. Louis MO

    so on my billing system the mistake I made is i put "New Jersey - Indirect Lending" in address line1 and PO Box in address line 2 and company as US Bank, but guess what my bank ignored the address line 2 and sent the payment and it came back. finally I removed the "New Jersey - Indirect Lending" line at all and just put in the PO Box. I should've known this before, my bad.
     

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