What does "ACH Debit from your bank account" mean?
I am trying to set up a payment plan to pay for college. I dont have credit cards so my only other option is ACH Debit from my bank account but i dont know what that means.
I only have a debit card that I use constantly for purchases only.
- STEVEN FLv 71 decade agoFavorite Answer
ACH = Automated Clearing House. This is a fancy term for an electronic payment.
- Go with the flowLv 71 decade ago
Automatic Clearing House
It just means you are making a debit from your checking account.
You've never used a checking account before and made a payment for any bill?
- 6 years ago
Well David, now that you are five years older, you probably know that Smarty-Pants answers are never the best answers. Google the term yourself and you will notice that you will spend more than 5 seconds finding a definition for the term. In fact, you will get a long list of folks trying to snare some business ... but, unfortunately, not a quick, simple answer to a legitimate question.
- David14Lv 71 decade ago
It means what it says. If you had taken 5 seconds and Googled that term you'd know it means an electronic check deduction from your checking account.