Owning a new Chevy car or truck is exciting! But along with the keys comes the responsibility of paying your Chevy loan or lease payment each month. Thankfully, GM Financial makes it easy to pay your Chevy bill online in just minutes.
In this guide, I’ll walk through the simple process of logging into your GM Financial account, viewing your Chevy payment amount, and submitting your payment digitally
Overview of Paying a Chevy Car Loan
First, some background on Chevy auto financing and billing.
Most new Chevy vehicles are eligible for financing from GM Financial, the preferred lender of General Motors. You can get loan terms from 24 to 84 months typically.
Once your Chevy loan is set up, you’ll make a monthly payment to GM Financial. This goes toward paying off your principal balance until the car is fully owned at the end of the loan term.
Now let’s get into the specifics of how to pay your Chevy bill online.
Accessing Your GM Financial Account
To view your balance and make payments, you’ll first login to the GM Financial website:
- Go to www.gmfinancial.com
- Click “MyAccount Login” in the top right
- Enter your username and password
If you’ve forgotten your credentials, you can reset them on the login page.
Checking Your Current Chevy Balance
Once logged into your GM Financial account, you’ll see your current balance and payment due date prominently displayed.
You can click “View Statement” for a detailed breakdown including interest, principal, credits, etc. But the key number is the “Current Amount Due” – this is your Chevy payment amount for that month.
Aim to pay the full Current Amount Due each month by the due date to stay current on your loan.
Making Your Chevy Payment Online
When ready to make your monthly Chevy payment, click the “Make Payment” link in the account portal. This will open the payment form.
Choose whether to pay from your:
- Bank account
- Debit or credit card
And enter the payment amount – make sure it matches your full monthly bill amount!
Finally, submit the payment and the funds will instantly debit from your selected account. And just like that, your Chevy bill is paid for the month!
Payment Confirmation and Receipt
Once your Chevy payment is complete, you’ll see a real-time confirmation on screen. GM Financial will also email you a detailed payment receipt for your records.
Be sure to save these receipts in case you ever need to reference them for tax purposes, loan verification, etc.
Benefits of Online Chevy Payments
Paying your Chevy loan online directly through GM Financial offers many benefits:
- 24/7 account access from anywhere
- Quick and easy digital payments
- Avoid late fees by paying on time
- Payment history all in one place
- Setup autopay for convenience
- Get text/email alerts and reminders
I love the ease and control I have over my Chevy loan payments through the online portal. It makes the monthly billing process totally painless.
Alternate Ways to Pay a Chevy Bill
If you prefer not to pay online, GM Financial does offer other payment methods:
- Autopay from bank account
- Phone payments
- Checks by mail
- Pay at dealership
- Pay via GM Financial mobile app
But in my experience, the online account dashboard is definitely the quickest and most convenient way to pay a Chevy bill.
Avoid Late Fees and Other Issues
I want to stress the importance of paying your full monthly Chevy loan amount on time each month. Late or missed payments will incur fees, hurt your credit, and can even lead to vehicle repossession in worst cases.
Set payment reminders, leave yourself buffer time, and carefully review statements to prevent any issues. Having your new Chevy taken away because of non-payment would be devastating!
Take Control of Your Chevy Loan
While a monthly car payment isn’t always fun or easy, it does allow you to drive a nice new Chevy vehicle over time. And paying your bill online through GM Financial gives you control and makes the process hassle-free.
