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When a payment is processed, it means that the transaction has been authorized and completed by the payment system. However, the money may still be in your account because the actual transfer of funds from your account to the recipient's account may take some time to be fully processed by the banks or financial institutions involved. This delay is normal and can vary depending on the payment method and the specific banking processes in place.
What else can I help you with?
Why is the payment posted but the money still in the account?
The payment may be posted in your account but the money may not be immediately deducted because of processing times or pending transactions.
Can you stop payment on a check that is clearing the same day?
It Depends: Yes - If the check has just reached the bank and the banks is still processing the payment. If so, you can issue a stop payment and the bank will not pay for the check No - If the bank has already processed the check and released the payment to the payee customers bank account.
What should I do if I bought something but the money is still in my account?
If you bought something but the money is still in your account, you should contact the seller or store to ensure the payment went through. It's important to resolve any discrepancies to avoid potential issues with your purchase.
Why is my credit card payment not showing up on my account statement?
There could be a few reasons why your credit card payment is not showing up on your account statement. It's possible that the payment hasn't been processed yet, or there may have been a delay in updating your statement. It's also worth checking if the payment was made to the correct account and if there were any issues with the payment method used. If you're still unsure, contacting your credit card company for clarification would be a good next step.
If I cancel my debit card, can payments still be taken from my account?
If you cancel your debit card, payments cannot be taken directly from your account using that card. However, if you have set up automatic payments with the card details, those payments may still be processed unless you inform the merchants to update your payment information.
Why is the payment posted but the money still in the account?
The payment may be posted in your account but the money may not be immediately deducted because of processing times or pending transactions.
Can you stop payment on a check that is clearing the same day?
It Depends: Yes - If the check has just reached the bank and the banks is still processing the payment. If so, you can issue a stop payment and the bank will not pay for the check No - If the bank has already processed the check and released the payment to the payee customers bank account.
What should I do if I bought something but the money is still in my account?
If you bought something but the money is still in your account, you should contact the seller or store to ensure the payment went through. It's important to resolve any discrepancies to avoid potential issues with your purchase.
Why is my credit card payment not showing up on my account statement?
There could be a few reasons why your credit card payment is not showing up on your account statement. It's possible that the payment hasn't been processed yet, or there may have been a delay in updating your statement. It's also worth checking if the payment was made to the correct account and if there were any issues with the payment method used. If you're still unsure, contacting your credit card company for clarification would be a good next step.
If I cancel my debit card, can payments still be taken from my account?
If you cancel your debit card, payments cannot be taken directly from your account using that card. However, if you have set up automatic payments with the card details, those payments may still be processed unless you inform the merchants to update your payment information.
When you keep the promise to bring the car loan to current and pay to do so can the lender still reposess the car?
It can happen. If the order for repossession is already out when the payment is made, it may take a couple days for that payment to be processed, and that order for repossession will not be called off until the payment is fully processed.
Can you tape money and still use it as a form of payment?
No, taping money is not a valid form of payment as it can damage the currency and make it unusable.
If I change my credit card number, will payment still be able to be taken?
Yes, if you change your credit card number, you will need to update your payment information with the relevant parties to ensure that payments can still be processed successfully.
Have you paid your bill yet, even though there is still money in your account?
Yes, I have paid my bill even though there is still money in my account.
If you have a charge-off written off on your account for a car loan after the 7th year arrives and it is removed off of your credit report can they still repo or require payment on the loan?
Yes you still owe the money. When the account is "charged off" all it means is your account was taken as a loss. They still have the lien on the title and can't repo the unit anytime they want to.
What is advance payment of tax?
If you don't have money taken out of your paycheck for taxes, you still need to send money in to cover them. This is done through the payment of estimated taxes.
What is the difference between ACH and eCheck?
ACH (Automated Clearing House) is a network that facilitates electronic money transfers between bank accounts, while eCheck is a type of payment that is processed electronically but still requires the use of a physical check.
