Wednesday, August 10, 2011

How To Select A Bill Pay Service

By Lillian Powell


In today's society there are more concerns about fraud and people accessing your banking information. You may also worry about getting your bills paid on time and might lose track of when a bill is due. Using a bill pay service will help to eliminate those fears.

When you use a company for your bills, you do not disclose your banking information to anyone. The company completes all transactions for you, you just have to pay the service one time. You can spread out where the funds come from. This allows you to control access, and how you make money appear to them.

You are not limited to monthly bills. You can also set up a one time payment for a medical bill or other one time bill you have received. This allows you to keep your bills paid on time.

You will see the advantages of these companies offering you masked invoice paying. They cut the checks for you. Your account number is never given out and remains secure. They will issue manual checks for companies that will not accept electronic payments. This alleviates any fears of someone getting a hold of your bank information.

These companies guarantee that your statements are paid on time. This eliminates late fees and other penalties. You also have access to proof of payment as well. This makes budgets work better, and keeps your life simplified if you have troubles organizing or remembering things are due.

Always do some comparison shopping when choosing a proposed company. Check with friends and see if they use something like this and how it works for them. Make sure there is ample customer service in case there are concerns or changes needed.




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