By: Slinky

Slinky — Mon, 20 Jul 2009 17:21:22 +0000

What about if they get your bill wrong or accidentally charge you twice or other mistakes on their part? These problems may be rare, but they can be a problem if everything is on automatic and you end up with several overdraft fees.

By: Neil

Neil — Tue, 30 Jun 2009 21:05:05 +0000

I fail to see what makes auto-payment different from regular payment. In both cases, you’ll have a class of people that just pay what the bill says, and a class of people who read the bill and then call and yell at call centre employees. I pay all my bills automatically. That doesn’t mean I don’t call and shout at the power company every time they send me one of those bullshit “estimated” readings. (“Estimated” in power-company speaks translates as “between 3 and 10 months of your normal usage.”)

Comments on: When Automating Your Finances May Not Pay

By: Slinky

By: Neil