What does “payment arrangement” mean?

Q: What does “payment arrangement” mean?

An agreement to pay a debt in smaller amounts over time. Ask before the due date. For CRA debts you can often set one up in My Account or by phone. Interest usually keeps running.

An agreement to pay a debt in smaller amounts over time.

What to do

Ask before the due date. For CRA debts you can often set one up in My Account or by phone. Interest usually keeps running.

You may see it in letters from

Utility company (hydro, gas, water) — Electricity, gas or water company

“payment arrangement” is a English word used in official letters in Canada. Briefly explains words like this automatically when you check a letter.

More office words

garnishment · legal warning · requirement to pay · taxpayer relief · Receiver General for Canada · CCB · GST/HST credit · T4 slip · all words