"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
“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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Johnny Puckett
Answered on May 05, 2021
Johnny Puckett is a freelance writer and automotive expert. He has contributed content to a number of some of the largest online publications, aftermarket automotive manufacturers’ sites, and automotive informational sites. His experience in the automotive and information fields informs his writing at Jerry. His automotive interests bleed into his free time, where he enjoys modifying his favorite cars and woodworking.
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