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What types of payments can an Insurance Premium Finance Company take on an ipf loan?
Back to FAQInsurance premium finance companies (IPFCs) typically accept various forms of payment for insurance premium finance (IPF) loans. The specific payment methods may vary depending on the IPFC and its policies, but common options include:
- Electronic Funds Transfer (EFT)
- Credit or Debit Card Payments
- Checks
- Automated Clearing House (ACH) Payments
- Online Payments