"How long does it usually take to receive the first bill for an auto loan? "

"I bought a new Ford Bronco at the beginning of the month, but I have not received a bill for my first payment yet and I am not sure how to pay. I called the lender listed on the agreement that I signed at the dealership, but they do not have my information. Should I be concerned?


Answer provided by
Johnny Puckett
Answered on May 05, 2021
“It usually takes less than 30 days for the first bill and/or payment book to get to you in the mail. However, with almost everything moving online these days, there is probably an option to pay via the Internet.
You should get in contact with the dealership as soon as possible if you think there may be a problem with your financing. The last thing you want is to lose your car over an unchecked clerical error.

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