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Automated Bill Pay Tips

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Know how to use this service responsibly and efficiently

Automated bill pay systems are convenient and easy and can save you time throughout each month. There are, however, some things you should keep in mind when using automated bill pay services. As financial specialist Bruce McClary of Clear Point Financial Solutions explains, “The upside to online bill pay is that you are more likely to pay your bills on time. But this convenience can have a dark side in that it sometimes breeds financial laziness.” Here are some tips to avoid becoming “lazy” about your finances.

CreditCards.com outlines a couple things to remember:

Ron Lieber of the New York Times also has some recommendations:

When used responsibly, automated bill pay services make life easier; if you have any questions about using this type of online system most effectively, give us a call or stop by today.

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