What to Do When You Can’t Pay Your Honda Bill
Honda is an international brand that sells power equipment, marine engines, motorcycles, sport utility vehicles and automobiles. The financial services division of the Japan-based company started operations in 1980 and grew into a premier auto financing institution. Today, the financial services division is the largest division in the company. Honda offers excellent financial services as well as assistance for customers that can’t pay your bill.
How to Pay the Bill
Pay online: Customers can pay your Honda bill online by visiting http://www.hondafinancialservices.com/account-management#. You will need to provide your account information as well as your payment. Acceptable methods of payment include credit card, debit card, checking account and savings account.
Automatic deduction: Customer can pay your Honda bill by having the funds automatically deducted from your checking and saving account on a monthly basis.
Pay by mail: Customers can pay your Honda bill by mail. The locations are listed by state on the website. Payments must contain account information.
Alternative locations: Customers can pay your Honda bill at alternative locations such as MoneyGram. Visit a MoneyGram location near you or visit the Honda website for a complete list of locations. There is a convenience fee assessed with each transaction.
Pay by phone: Customers can pay your Honda bill by dialing 1-800-366-8500. This service is offered by Western Union SpeedPay. Your payment is deducted from your checking account. Western Union charges a convenience fee of $1.25 per transaction.
Questions About Your Billing Statement or Account?
Financial services such as Honda Financing often add fees such as security deposits, late payment charges and finance charges to your billing statemtn of account without disclosing all of the details. If you have noticed fees that you do not understand, wee recommend you review the Honda Financing customer resource page for additional explanation. You can also receive information concerning you billing statement or account from customer service by calling 1-800-366-8500.
How the Penalty Fees Work
When we spoke to Honda customer service representative and inquired about the fees assessed to customers, they were helpful to an extent. The customer service representative did not disclose details, but did offer information of common fees. Depending on the terms and conditions of the loan, the fees include a down payment, finance charges, late payment fees and charges for repossession.
- Down payment
- Finance charges
- Late payment
- Mileage (lease)
I Can’t Make a Payment
When customers can’t pay your Honda bill, the company offers solutions. When we contacted customer service, they provided details surrounding two of their most common programs, payment arrangements and changing loan dates.
- Payment arrangements – When customers can pay your Honda bill, you have the ability to make payment arrangements. Customers must call customer service at 1-800-999-1009. The customer service representative will discuss payment option with you. We found that when customers are making payments under payment arrangements, they still incur late payment charges.
- Change loan date – Customers that can’t pay your bill have the ability to change your loan payment date. This service is available to customers that have not missed a payment or paid your Honda bill late. Once the payment date is changed, you must adhere to the new payment date.
Will They Work With Me to Pay My Bill?
Did Honda provide you with exceptional customer service when you needed assistance paying your bill? Sound off below and leave us a comment.