answersLogoWhite

0

Spend Less With Automatic Bill Pay?

Updated: 9/27/2023
User Avatar

Wiki User

13y ago

Best Answer

One of the biggest income producers for credit card companies has everything to do with late fees and over the limit fees. They trap people who are behind on their payments and they make it almost impossible for these individuals to ever get out of debt. Even worse is the fact that most credit card companies have clauses in their contracts that give them the right to raise interest rates on the first or second late payment. So how do you stop this and save money each month? You do it by leaning on automatic credit card bill pay.

Automatic credit card bill pay is available with most of the major card providers. You simply sign up for it, using your bank account to fund the payments. Then it makes automatic payments to the account each and every time the account becomes due. This means you won't have to worry about logging on and making payments. You will have one less thing to keep on your mind and you will save the costs associated with missed payments, late payments, and over the limit fees.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Spend Less With Automatic Bill Pay?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are some of the benefits of utilizing automatic bill pay?

The main benefit of utilizing an automatic bill paying system is never having to worry about remembering to pay your bill on time. Some companies also offer a discount for automatic bill paying.


Are you able to use a debit card to pay electricity bill online?

Yes, you can pay many types of bills online including utility bills. This is a quick and efficient way to pay your bills. In some case, you can arrange for automatic bill pay so you will never again forget to pay the electric bill!


Does Bellsouth offer online bill pay?

Yes,you can go to your Bellsouth site and click on your Account and from there you can set up an automatic monthly bill pay, or you can go in each month and do the payment online by yourself.


Can you get an automatic?

you cannot buy it as an automatic, but you can pay to have it changed to an automatic


Where does one apply for Qwest bill pay?

One may apply to pay their Qwest bill directly online via Centurylink with an automatic monthly payment withdrawn from debit or credit. One may also choose to pay by mail, or in person at a bank or supermarket.


Can you pay your All State Insurance bill online?

All State Insurance does have the capability to pay your insurance online. They can set up automatic draft or a one time payment.


What are the benefits of saving water for your family and our environment?

Pay a lot less on your water bill.


Can you get an automatic Lamborghini?

you cannot buy it as an automatic, but you can pay to have it changed to an automatic


Is there an extra fee for paying your Sprint bill online?

No, there is no extra fee charged by Sprint to pay your bill online. Online bill pay has become very popular in recent years, and is a convenient, quick and secure way to pay bills at less cost to the consumer.


How can one pay his BellSouth bills?

There are many ways one might pay one's BellSouth bills. In addition to setting up an automatic bank transfer option, one might call customer service to pay the bill.


Can you stay at a hotel for less than one night?

you can even stay for a minute but you have to pay the minimun bill.


If you pay a medical bill that is reported as a delinquency on your credit report and the bill is less than 100 does it still show on your report for 7 years?

It shoulden't.