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Is "SERVICE FINANCE PAYMENTS PPD ID: JD20193494" fraud?

Written by Sage Wallace

June 18th, 2024

About "SERVICE FINANCE PAYMENTS PPD ID: JD20193494"

Service Finance has been in business since 2004. The company specializes in providing financing solutions for home improvement projects, offering a range of financial products such as loans and credit options. These financial products are made available to both contractors and homeowners to facilitate various home improvement activities, including roofing, HVAC, windows, and other residential upgrades. The company operates nationwide and collaborates with a network of contractors to deliver its services.
  • **SERVICE FINANCE PAYMENTS**: Indicates the type of transaction or the company/service involved.
  • **PPD**: Prearranged Payment and Deposit entry, a type of ACH (Automated Clearing House) transaction.
  • **ID: JD20193494**
  • Find & fight fraud from anywhere

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for Service Finance.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn’t match.
    Step 1

    Connect your email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
    Step 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
    Step 3

    Reconcile

    Reconcile the charges reported by your financial institution against what you’ve recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.
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