Thread: Online Banking
View Single Post
  #15 (permalink)  
Old 03-30-2006, 02:47 PM
JoyJoy JoyJoy is offline
$ Saving College Freshman
 
Join Date: Dec 2005
Posts: 562
Points: 10816.70
Donate
Default Re: Online Banking

Quote:
Originally Posted by catlinye_maker
I pay my bills online through a billpaying service, and have for so long that I started before my bank offered the service. We pay a small monthly fee but this company will also process mailed bills and send out paper checks for us as needed.

It's been a lifesaver. There have been times when I haven't been paying enough attention to the finances for one reason or another, but we've never been late with a payment since we started with the service. I prefer one service rather than signing up with each company individually as it's fewer companies with access to my checking account. And you can set limits so that you don't accidentally pay a wrong bill. My water bill came in at 80K one month when a period was mistaken for a comma; since it was over the limit I'd set (pay if under $90, for example) I got an email letting me know the bill was overlimit, and called to resolve the mistake.

I recommend some sort of billpay service to anyone who asks me about budgeting and so forth. The time and stress savings are well worth it.
I can imagine the look on your face when you saw a water bill for 80K!! Good you did have a limit as to what to pay. I remember receiving an electric bill for a high amount like your water bill and the electric co said it was for a business in the neighborhood and sorry our addresses got crossed lol. Thanks for your input.
Reply With Quote