Atheist Nexus Logo

Tal Boldo, On Friday August 26, 2011 


*Note: This was written by a Yahoo! contributor. Do you have a personal finance story that you'd like to share? Sign up with the Yahoo! Contributor Network to start publishing your own finance articles.

 Before deciding if a recurring bill is a good candidate for auto-pay, I ask myself three questions: Is the payment amount different every month? Will I have to wait a full billing cycle for a credit if I'm overcharged? And will my contract renew automatically? If the answer is "yes" to any of these questions, I do not set up auto-pay. Here's why... (Full Article)

 

I only autopay my vehicle insurance premium. Everything else I pay when I receive the bill. I like to know what I'm being charged, so if there's an issue I can address it before that company has my money and then I have to not only address the issue, but hope for a refund if they're in the wrong on the charges.

Besides that, with the genius of hackers everywhere now days in the news, allegedly committing all sorts of malicious acts, it's not a good thing to have personal financial information available in some companies database.

 

 

Views: 42

Reply to This

Replies to This Discussion

I have LifeLock. 

 http://www.lifelock.com/?promocodehide=SHAREASALE&c3metrics=sha...

I have some of my bills on autopay.  It makes things a lot easier.

Thanks -- think I'll see if I can do that myself then.

RSS

Support Atheist Nexus

Donate Today

Donate

 

Help Nexus When You Buy From Amazon

Amazon

Nexus on Social Media:

Latest Activity

Daniel W replied to Daniel W's discussion Indiana's new religious freedom law
13 minutes ago
Loren Miller posted a status
"Just back from an FFRF Fundraiser which featured Dan Barker as guest speaker. Was a GRRRREAT time!"
22 minutes ago
Irving Larson replied to Irving Larson's discussion Where did morals come from?
23 minutes ago
sk8eycat liked Richard Haynes's page Rules & Guidelines
29 minutes ago
Joan Denoo commented on Joan Denoo's blog post The Battered Child Syndrome, Kempe, Silverman, Steele, Droegemueller, Silver, JAMA 1962
30 minutes ago
Lemual Poot replied to Lemual Poot's discussion Human soul in the group Freedom From Religion Foundation (FFRF)
33 minutes ago
sk8eycat replied to Irving Larson's discussion Where did morals come from?
36 minutes ago
Irving Larson replied to Irving Larson's discussion Where did morals come from?
42 minutes ago

© 2015   Atheist Nexus. All rights reserved. Admin: Richard Haynes.

Badges  |  Report an Issue  |  Terms of Service