About Service Payment Plan, Inc.
Service Payment Plan, Inc. (often abbreviated SPP) is a specialty finance company that partners with automotive dealerships, vehicle service contract administrators, and OEM programs to offer short‑term, interest‑free payment plans for vehicle service contracts and other protection products. Consumers typically encounter SPP when purchasing a new or used vehicle and choosing optional coverage such as extended service contracts, maintenance plans, tire-and-wheel protection, or similar products. Instead of adding the cost of these contracts to a car loan, SPP allows customers to spread payments over time at 0% interest, helping dealerships increase contract sales while giving buyers more flexible budgeting options.
A charge from “SERVICE PAYMENT PL” or similar on a bank or card statement is usually an installment payment for a vehicle service contract or protection plan that was financed through Service Payment Plan at the time of a vehicle purchase or later at a dealership or administrator. These can be recurring monthly debits or card charges set up as an automatic payment schedule, and in some cases you may see a small initial draft or pro‑rated amount followed by equal monthly payments. If a contract is cancelled, SPP typically stops future drafts and any refund is calculated on a pro‑rata basis and returned to or through the selling dealer or administrator, rather than directly from SPP. ([sppsignup.com](https://www.sppsignup.com/aboutus.html?utm_source=openai))
If you have questions about a charge, the best steps are to locate the original vehicle service contract paperwork provided by your dealership or administrator and then contact Service Payment Plan using the toll‑free number shown on your statement or contract (commonly 800‑346‑5990). You can also access your account via SPP’s online portals (such as myspp.com) to review statements, due dates, and payment history, or to update billing details. When disputing or cancelling, be prepared with your contract number, VIN, and dealership name; SPP can help with payment‑plan questions, while coverage, refunds, and claim issues are usually handled by the service contract administrator or selling dealer. ([sppinc.net](https://www.sppinc.net/privacy.html?utm_source=openai))