answersLogoWhite

0

Is it better to pay a bill early or on time?

Updated: 8/16/2019
User Avatar

Wiki User

15y ago

Best Answer

Providing you don't pay it late; which might cause penalty problems - and give you a reputation as a bad payer, paying on time means that you have hold of your money for longer - assuming it's on deposit, it will earn money whilst you have it.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is it better to pay a bill early or on time?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a better defense by a co maker?

Pay the bill


What if you didn't get the credit card bill in time?

Most likely, you will have to pay a fee for not paying the bill on time.


Should man has to pay the bill all the time?

no


How do you remove the pay ontime device in car?

You pay the bill on time and you won't have to worry about it.


Why pay your credit card payments on time?

The main reason is that you will be charged interest and a late fee. So you will have to pay more than if you pay off the bill on time. This is one of the ways that credit card companies make money. So you should always try to pay your bill on time.


Is it better to pay the electricity bill online or over the phone?

You can pay your electric bill either way you feel better about. Many times you will get charged a fee for paying your bill over the phone. So I would reccommend that you pay your bill online, many times it is absolutely free.


What type of an account is a purchase?

contra-expense It's an expense, not a contra expense. If you don't pay the bill within the discount period, and you had recorded the original purchase at net (Purchase price less the early pay discount) then you have more expense, not less, when you don't pay on time.


I received a bill for medical services 1 year after rendered do I have to pay?

Doctors do not have any legal time that they have to bill you in. If you owe the money, you do need to pay.


What services help you with paying your electric bill?

There are many services that help you pay your electric bill online. You can call your electric company and they should be able to help you pay your bill on time.


Are you legally obligated to pay your bill in full at a vets or can you pay it overtime Can the vet legally charge you interest?

You are legally obligated to pay your entire bill. If the vet allows you to pay it over time, they can charge interest.


What type of an account is a purchase discount?

contra-expense It's an expense, not a contra expense. If you don't pay the bill within the discount period, and you had recorded the original purchase at net (Purchase price less the early pay discount) then you have more expense, not less, when you don't pay on time.


Is it best to pay off a bill of seven thousand or to put the money in savings?

It would be better to pay off the bill. Once you pay off the bill you donÕt need to worry about it and all the extra money you save by not paying interest on that money can go into a saving account.