If you travel a lot or find yourself paying late charges, sending payments via overnight mail or paying $5.00 to pay by phone from your checking account to avoid late fees and damage to your credit, it's time to use an on line bill payment service.
Monthly net costs are normally less than $5 because of just the savings in postage. Some services such as "Pay Trust" even get the mail for you and scan the images of your bills for your retrieval only if you desire. You can still see the detail. The bill is available for immediate printing as well as on a CD-ROM issued at the end of the year.
Your local bank or credit union may offer on line bill payment services at no cost to you in part to keep you as a customer and to expand their relationship with you for other services. If you receive the detail you need in an easy to use and read manner, this may be the way to go.
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