Where to send your Farmers Home Furniture payment
Farmers Home Furniture is a retail furniture chain that offers in-house financing for purchases. When you buy furniture through them with their credit plan, you receive a bill or statement showing what you owe and where to send payment.
Payment can usually be made by mail to the address printed on your statement, by phone through their customer service line, or online through their website if you set up an account. Check your most recent bill or statement — it will list all three methods and any account number you need to reference.
Some Farmers Home Furniture locations also accept payments in person at the store where you made your purchase. Call ahead to confirm whether your local store handles payments directly.
Key Takeaways
- Your Farmers Home Furniture statement shows the mailing address, phone number, and website where you can make a payment.
- Online payment through their website is usually the fastest way to confirm your payment was received the same day.
- Payments by mail take five to seven business days to post to your account, so mail early if your due date is approaching.
- Missing a payment can result in late fees and damage to your credit score, since Farmers Home Furniture reports to credit bureaus.
- If you are having trouble making a payment, contact their customer service before the due date to discuss your options.
Payment methods and how long each takes
The fastest way to pay is online through the Farmers Home Furniture website or mobile app. Payments made online typically post to your account within one business day. You will need your account number and either a bank account for electronic transfer or a debit or credit card.
Paying by phone also posts quickly — usually within one to two business days. Call the customer service number on your statement and have your account number and payment method ready. Some locations may charge a fee for phone payments, so ask before you provide your card information.
Mailing a check or money order takes longer. The payment must travel to their processing center, be opened and recorded, and then post to your account. This process typically takes five to seven business days. If your due date is fewer than seven days away, mailing is risky.
In-store payments at a Farmers Home Furniture location post the same day if made before closing time. This is useful if you have a store nearby and want to pay in cash or with a check without mailing it.
What happens if you miss a payment
A missed payment on a Farmers Home Furniture account triggers a late fee, usually between $25 and $50 depending on your contract terms. The late fee is added to your balance and you will owe it along with your regular payment.
After 30 days past due, the missed payment is reported to the three major credit bureaus — Equifax, Experian, and TransUnion. This appears on your credit report as a 30-day late payment and can lower your credit score by 50 to 100 points or more, depending on your current score and credit history.
If your account reaches 60 days past due, Farmers Home Furniture may suspend your account or refer it to a collection agency. At that point, the debt collector contacts you directly and the account remains on your credit report for seven years from the original missed payment date.
If you know you will miss a payment, contact customer service before the due date. Some accounts have hardship programs or payment deferrals that prevent late fees and credit reporting if you are temporarily unable to pay.
Understanding your statement and due date
Your Farmers Home Furniture statement shows your account number, current balance, minimum payment due, and the due date. The due date is the last day payment can be received without triggering a late fee. If the due date falls on a weekend or holiday, payments received the next business day are usually still considered on time.
The statement also breaks down your balance into principal (the original purchase price) and interest or financing charges. If you are on a promotional financing plan — such as 12 months interest-free — the statement will show how many months remain in the promotion and what interest rate applies after the promotion ends.
Some statements show a minimum payment and a full payment amount. The minimum payment is the smallest amount you can pay to avoid a late fee, but paying only the minimum extends how long you carry the debt and increases total interest paid. Paying the full amount due closes the account faster and costs less overall.
Setting up automatic payments
Many people set up automatic payments through their bank or through the Farmers Home Furniture website to avoid missing a due date. Automatic payments deduct money from your checking account on a date you choose — usually a few days before the due date to allow time for processing.
To set up automatic payments online, log into your Farmers Home Furniture account, find the payment or billing section, and select the automatic payment option. You will need to provide your bank account number and routing number. The system will usually process a small test deposit to verify the account is valid.
You can change or cancel automatic payments at any time through your account. If you cancel, make sure you have another way to pay — do not assume the payment will stop automatically just because you requested it. Check your account a few days after requesting cancellation to confirm it went through.
If you cannot afford your payment
Contact Farmers Home Furniture customer service as soon as you know you cannot make a payment. Do not wait until after the due date. Explain your situation — temporary job loss, medical emergency, unexpected expense — and ask what options are available.
Some accounts are may be able to access for a payment deferral, which pushes your due date back by 30 or 60 days without adding a late fee. Others may allow a temporary reduction in your payment amount. These options vary by account and are not may provide, but they are worth asking about before you miss a payment.
If you are struggling with multiple debts, a credit counselor can help you understand your options. Nonprofit credit counseling agencies offer free or low-cost sessions and do not charge you to make a payment plan. The National Foundation for Credit Counseling (NFCC) has a search tool to find a counselor near you.
Frequently Asked Questions
Can I pay my Farmers Home Furniture bill with a credit card?
Most Farmers Home Furniture locations do not accept credit card payments directly because they are a financing company themselves. You can usually pay with a debit card, bank account transfer, check, or cash. Confirm with customer service before attempting a credit card payment.
What if I pay online but my payment does not show up?
Online payments typically post within one business day. If more than two business days have passed and the payment does not appear, log into your account and check the payment history to see if it was processed. If it shows as pending, wait one more day. If it shows as failed, contact customer service with your confirmation number.
Does paying early help my credit score?
Paying early does not hurt your credit score, but it does not boost it either. Credit bureaus only report whether you paid on time or late — paying early counts the same as paying on the due date. However, paying early reduces the interest you owe if you are carrying a balance.
Can I pay off my entire Farmers Home Furniture balance early?
Yes, you can pay off your balance at any time. Some financing agreements include a prepayment penalty, but many do not. Check your contract or call customer service to confirm whether paying in full early will cost you extra. If there is no penalty, paying off early saves you interest.
What if I lost my bill and do not know my account number?
Call Farmers Home Furniture customer service with your name, phone number, and the address where the bill was mailed. They can look up your account and provide your account number, current balance, and due date. You can also request that they email or mail a new statement to you.