Your Bank Offers Automatic Bill Pay. Take Advantage Of It!

Are you the forgetful type who never seems to get their bills paid in on time?

If so, I bet you are being forced to pay a large amount of finance charges and late fees, while also hurting your credit score at the same time. After this takes place, you can usually find yourself getting locked into much higher interest rates for just about everything you’re ever going to buy again.

It’s also super important to recognize that some bills are more unforgiving than others! You might be able to get away with paying a utility bill one or two days late every now and then without any dire penalties. But the consequences for late credit-card payments can be especially severe; pay past the due date just once and your interest rate can skyrocket to punishing levels.

Are you ready for the solution to this horrible problem? Well, automating your bill payments is possibly the best thing since beer openers and sliced bread. Not only can you make sure that your payments are getting in on time, but you can also save the cost of a stamp and envelope too. Once you sign up for Auto Pay, your regular bills are paid according to the schedule you specify to your bank, which allows you to simply review payments on your monthly checking statement. You’ll never need to worry about due dates or missed payments ever again!

Paying bills with Auto Pay will really start simplifying your life. Your payments will be made quickly and conveniently, and you no longer have to track down payment due dates (I hate this) visit the Post Office (during their [not your] hours), or write multiple checks (that “somehow” got lost in the mail).

Some other benefits of using the Auto Pay option:

You can consolidate all your recurring monthly bills. Put everything into one account — automatically pay all your bills on time, every time, with only one scheduled payment date to keep track of everything.

Convenient and very hassle-free. No calling around to different companies to check their due dates, and no more worrying if the check is going to get there on time (with Auto Pay it will — every single time).

Uninterrupted billing. The bank’s bill payment services hands out all the money you requested automatically, so there’s a whole lot less worrying, and a whole bunch more extra peace of mind.

Important note: with Auto Pay, you will still get monthly bills sent to your house (to show you what you owe. This is a good thing). The bank will also send you statements to show what you’ve been paying off (keep these for your future records) as well as the amount of the payment that will be automatically deducted from your checking or savings account on the due date that is printed on your bills.

Now comes the only thing you’ll have left to do: you will still need to remember to subtract the amounts of bills from your checkbook balance on the payment due date specified on the bill, and the withdrawal from your bank account will appear on your next available bank statement.

With your bank’s “Automatic Bill Payment” option, you can now pay all your utilities and credit card companies each month by automatic deduction from your checking or savings account. In addition, there will be NO additional cost (if your deal with an honest bank that is) for participating in this helpful service. So how much easier can this new technology make it for you? Sign up today, and never pay another late fee again!