Online Bill Pay

Answer 1

Paying bills through the mail every month can increase the likelihood of missing an important bill or getting a check lost in the mail. internet bill pay systems designed to help you manage your bills online can go a long way toward making bill payment as simple and efficient as possible.

Pay Bills Online To Reduce Risks

Everyone laughs at the lost in the mail excuse when they hear it, but occasionally real mailing time issues and unexpected delays can keep your bills from getting paid. A bill that shows up at either end late due to weather emergencies or some kind of postal delay can start adding late fees and higher interest to loans and leave you at risk for utility shutoff.

Internet bill pay solutions can completely remove the threat of inadvertently missing your payment date. You won't need to worry about writing checks or getting money orders, and a last minute emergency that would keep you from sending a bill out in the mail will never keep your bills from getting paid. Choosing an online bill payment system can save time and money.

Answer 2

Paying your credit card bill online is a good idea for several reasons. Probably the best reason is that by paying your bill online, you can avoid late fees in case your payment is not processed in time. Many individuals have complained about being assessed late fees even when mailing their payments a week before the due date. When paying online, you won't have to worry about mail delays or anything else causing your payment to be late. You will get instant confirmation of the payment, and you can print this out for your records.

Another advantage to paying your credit card bill online is that it makes it easy to look over your account, including recent history and purchases. In fact, it is easier to understand your credit card statement online and you won't have to worry about not being able to read the small print. Everyone should look over their credit card statements to make sure there are no unauthorized purchases and to make sure all figures are correct. Since you are already in your account, it is easy to look around and make sure everything is accurate.

Answer 3

form_title= Online Bill Pay form_header= Lose the paper with online bill pay! Never make another late payment! How many bills do you pay each month?*= {1, 2, 3, 4, 5, 6, 7, 8, 9,10, More than 10} Who is your current bank provider?*= _ [50] What is the total amount you spend in bills each month?*= _ [50]

Answer 4

Are you still paying your bills by writing out a check and mailing it to the vendor? True, there’s nothing wrong with the low-tech solution to paying bills. You may find the process more in sync with your own personal style or prefer the more personal way of doing things. For many years I resisted paying bills online for those reasons. I also had concerns over the security of the relatively new technology that facilitated online bill paying.

Times have changed though. Banks have worked through many of the security problems that may have once plagued the online bill payment systems. Many banks even use two-factor authentication for their online banking modules, ensuring an extra layer of security than the first generation of online banking. Also, if you’re like me, you may find that your time is too scarce (or too precious) to spend 30 – 60 minutes a month writing out checks and addressing envelopes.

Paying bills online is cheaper than paying by check too. You may not factor in all the costs when you write out a check, but that postage and stationary costs money. Not to mention the fact that checks cost you money too. Paying online usually works out to be much cheaper in the long run than the old school method of paying bills.

Most banks will allow you to sign up for free for their online bill paying system if you use online banking. It’s a great alternative to the way your parents paid their bills. If you have any concerns about security or costs be sure to raise them with your customer service representative at the bank. They should be able to address your concerns and help to guide you through the process of getting set up. I found the process to be quite easy and painless.

So why not give it a try if you’re not already? Paying bills online saves time, saves money, is secure, and is easier than writing checks.