Ava Single Payment Terms

You authorize Ava Finance, Inc., including its subsidiaries and affiliates ("we," "us," "our") to initiate a single-entry payment from your designated payment account (“Payment Account”) to make a single payment on your loan, credit card account, or Ava Membership Fee. 

Payment Amount

You authorize us to debit your Payment Account for the amount you specified. You certify that you are the owner of the Payment Account provided and have the authority to authorize payments from this account.

Payment Timing and Processing

We will debit the payment from your Payment Account and apply it to your loan, credit card account, or Ava Membership Fee as applicable, on the date you choose. The payment cut-off time is 11:59 PM EST, meaning we will credit your loan, credit card account, or Ava Membership as applicable, as of that day if you make the payment by the cut-off time. If you make your payment after the cut-off time, we will credit your loan, credit card account, or Ava Membership as applicable, the next day. You are responsible for any fees your financial institution may charge if you do not have sufficient funds to cover the debit. If your payment is returned unpaid, you will pay any returned payment fee pursuant to your loan agreement or your credit card agreement. 

No Payments in Advance

Ava does not allow you to schedule single-entry payments in advance. Therefore, you will not be able to cancel or amend your payment after you have initiated it.