The fastest way to pay Ford Credit is through their online portal at fordcredit.com, where you can make a one-time payment or set up automatic payments from your bank account.
You'll need your Ford Credit account number and online login credentials to get your free guide. If you haven't set up an online account yet, you can create one on the same website using your account number and personal information. Once logged in, you can pay immediately using a bank account, debit card, or credit card — though paying with a credit card may trigger a cash advance fee from your card issuer.
The payment posts to your account the same business day if you pay before the cutoff time, which Ford Credit typically sets at 5 p.m. Eastern time. Payments made after that time or on weekends and holidays process the next business day. There is no fee to pay online through Ford Credit's portal.
Key Takeaways
- Ford Credit's online payment portal at fordcredit.com accepts payments from bank accounts, debit cards, and credit cards, with no fee charged by Ford Credit itself.
- Payments made before 5 p.m. Eastern time on a business day post the same day; weekend and holiday payments process the next business day.
- You can set up automatic payments to be deducted from your bank account on a date you choose each month, which helps prevent missed payments.
- If you don't have internet access or prefer to speak with someone, Ford Credit also accepts payments by phone at 1-800-727-7000.
- Late payments are reported to credit bureaus and trigger late fees, so paying on or before your due date matters for your credit score and account balance.
Setting up an online account if you're a new user
Go to fordcredit.com and select the option to create a new account or log in. You'll be asked for your account number, which appears on your monthly statement or payment coupon. You'll also need your date of birth and Social Security number to verify your identity.
After you've entered this information, Ford Credit will send you a temporary password via email. Use that password to log in, then create a permanent password of your own. Once you're logged in, your account dashboard shows your current balance, due date, payment history, and loan details. From there, you can make a payment immediately or set up recurring automatic payments.
Making a one-time payment online
Log into your Ford Credit account and select "Make a Payment" or "Pay Now." You'll see your current balance and the amount due. You can pay the full balance, the minimum payment, or any amount in between.
Choose your payment method: bank account, debit card, or credit card. If you use a bank account, you'll enter your routing number and account number. If you use a card, you'll enter the card number, expiration date, and CVV. Then select your payment date — you can pay immediately or schedule it for a future date, as long as that date is before your due date if you want to avoid a late fee.
Review the details and confirm the payment. You'll receive a confirmation number immediately, and Ford Credit will send you a receipt via email. Keep the confirmation number in case you need to reference the payment later.
Setting up automatic payments to avoid missed due dates
Automatic payments deduct money from your bank account on a date you choose each month, so you don't have to remember to pay. Log into your account, select "Manage Automatic Payments," and choose the date you want the payment to come out — typically the same date each month.
You can set the payment amount to be your full statement balance, your minimum payment, or a fixed amount you specify. If you choose a fixed amount, make sure it's at least your minimum payment, or your account will still be late. You can change or cancel automatic payments anytime by logging back into your account.
Automatic payments are deducted from your bank account, so there's no fee from Ford Credit. However, your bank may charge a fee if the payment causes your account to overdraft, so make sure you have enough funds available on the payment date.
Paying by phone if you don't have online access
Call Ford Credit at 1-800-727-7000 to speak with a representative who can process your payment over the phone. Have your account number and payment method ready — you can pay with a bank account, debit card, or credit card. The representative will confirm the amount, payment date, and method before processing.
Phone payments are available Monday through Friday, 8 a.m. to 8 p.m. Eastern time, and Saturday 9 a.m. to 5 p.m. Eastern time. There is no fee to pay by phone, just as there is no fee to pay online. If you call outside business hours, you can leave a message, but your payment won't be processed until a representative calls you back during the next business day.
What happens if you miss a payment or pay late
If your payment is not received by your due date, Ford Credit charges a late fee. The amount of the late fee depends on your loan agreement, but it's typically a percentage of your monthly payment or a flat dollar amount. The late fee is added to your balance, so you'll owe more the next month.
Late payments are reported to the three major credit bureaus — Equifax, Experian, and TransUnion — and appear on your credit report. A single late payment can lower your credit score by 50 to 100 points or more, depending on your current score and credit history. The late payment stays on your credit report for seven years.
If you're more than 30 days late, Ford Credit may also begin collection efforts or, in the case of an auto loan, repossess the vehicle. If you know you'll miss a payment, contact Ford Credit as soon as possible to discuss options like a payment plan or deferment.
Paying off your loan early
You can pay off your entire Ford Credit loan balance at any time without penalty. Log into your account and look for the payoff amount, which is different from your current balance because it includes interest accrued through your payoff date. Call Ford Credit at 1-800-727-7000 to confirm the exact payoff amount for a specific date, since interest continues to accrue daily.
Once you know the payoff amount, you can make a one-time payment online or by phone for that amount. After the payment posts, your loan will be closed and you'll receive a confirmation. Paying off early saves you money on interest and improves your credit score by lowering your overall debt.
Frequently Asked Questions
What if I don't receive my payment confirmation email?
Check your spam or junk folder first, as confirmation emails sometimes get filtered. Log back into your Ford Credit account and check your payment history to confirm the payment went through. If the payment doesn't appear in your account within one business day, call Ford Credit at 1-800-727-7000 to verify.
Can I pay my Ford Credit bill with a credit card?
Yes, Ford Credit accepts credit card payments online and by phone. However, your credit card issuer may treat the payment as a cash advance and charge you a fee, typically 3 to 5 percent of the payment amount. Check with your credit card company before paying this way.
What's the difference between my statement balance and my minimum payment?
Your statement balance is the total amount you owe as of your statement date. Your minimum payment is the smallest amount Ford Credit will accept to keep your account current — usually around 2 to 3 percent of your balance. Paying only the minimum means you'll pay more interest over time, so paying the full statement balance is better for your finances.
Can I change my payment due date?
Contact Ford Credit at 1-800-727-7000 to request a due date change. They can move your due date to a different day of the month, which can help you align your payment with your paycheck or other bills. Changes typically take effect on your next billing cycle.
What should I do if my bank account information changes?
Log into your Ford Credit account and update your bank account information in the payment method section. If you have automatic payments set up, make sure to update those as well so they continue to process correctly. You can also call Ford Credit to update this information over the phone.