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Wednesday, March 18, 2015

Five reasons to beware of autopaying bills (@mitchlipka @ReutersUS)

Do you use automated payments to pay your bills? While it can be both time-saving and helpful for those worried about forgetting payments, there can still be problems. Mitch Lipka discusses five of them:

Full article at Reuters

"Autopaying bills is a no-brainer. You are never late with a payment, and you do not have to spend all that time going through stacks of bills, filling out checks, and then stuffing and stamping envelopes.
But Brent Cumberford learned the hard way that automatic bill paying is not as simple as setting it up and walking away."