Comments on: Paperless Statements and Pitfalls to Look Out For http://www.creditwithdrawal.com/wordpress/2007/10/29/paperless-statements-and-pitfalls-to-look-out-for/ Helping You Kick the Credit Habit, One Good Idea at a Time Thu, 31 Dec 2009 04:56:04 -0700 http://wordpress.org/?v=2.8 hourly 1 By: Randall http://www.creditwithdrawal.com/wordpress/2007/10/29/paperless-statements-and-pitfalls-to-look-out-for/comment-page-1/#comment-76 Randall Sat, 10 Nov 2007 19:21:14 +0000 http://www.creditwithdrawal.com/?p=101#comment-76 I've only had one problem with payments not getting there or getting there on time in the ~7 years I've been using electronic payments. And in that incident, the bank and creditor worked everything out so that it was as if it never happened. Banks like electronic payments because it's cheaper than processing checks, and credit companies like automatic payments because they get paid. I like it because of both! : ) I’ve only had one problem with payments not getting there or getting there on time in the ~7 years I’ve been using electronic payments. And in that incident, the bank and creditor worked everything out so that it was as if it never happened.

Banks like electronic payments because it’s cheaper than processing checks, and credit companies like automatic payments because they get paid. I like it because of both! : )

]]> By: shela http://www.creditwithdrawal.com/wordpress/2007/10/29/paperless-statements-and-pitfalls-to-look-out-for/comment-page-1/#comment-75 shela Sat, 10 Nov 2007 18:28:21 +0000 http://www.creditwithdrawal.com/?p=101#comment-75 I only have credit cards with brick-and-mortar buildings in my neighborhood and where I have my bank accounts. I have online banking at each bank, and I can see the due date for the payment and schedule a transfer from my bank account. All the account information is only a few clicks away, from statements to looking at the transaction history to seeing payments I have scheduled in advance. I began to worry about payments being late because of delays with the US Postal Service. Once friends had been using online banking for a while with no problems, I went ahead and made the switch, and I will never risk a late payment in the future. I only have credit cards with brick-and-mortar buildings in my neighborhood and where I have my bank accounts. I have online banking at each bank, and I can see the due date for the payment and schedule a transfer from my bank account. All the account information is only a few clicks away, from statements to looking at the transaction history to seeing payments I have scheduled in advance.

I began to worry about payments being late because of delays with the US Postal Service. Once friends had been using online banking for a while with no problems, I went ahead and made the switch, and I will never risk a late payment in the future.

]]> By: Carnival of Debt Reduction #112 - Making Progress Edition | Cash Money Life http://www.creditwithdrawal.com/wordpress/2007/10/29/paperless-statements-and-pitfalls-to-look-out-for/comment-page-1/#comment-16 Carnival of Debt Reduction #112 - Making Progress Edition | Cash Money Life Mon, 05 Nov 2007 11:57:39 +0000 http://www.creditwithdrawal.com/?p=101#comment-16 <p>[...] Protection: Randall at Credit Withdrawal presents Paperless Statements and Pitfalls to Look Out For. Check your statements often - you never know when a company is going to try and pull a fast one on [...]</p> [...] Protection: Randall at Credit Withdrawal presents Paperless Statements and Pitfalls to Look Out For. Check your statements often – you never know when a company is going to try and pull a fast one on [...]

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