How To Select A Bill Pay Service | Personal Finance, Wealth ...
There are increasing reports of theft of bank accounts and frauds that get committed. This leaves people searching for alternatives for payments. Try looking into a bill pay service. You can be assured your banking information is secure and your bills will get paid on time.
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.
When you setup, the company issues checks or other payments on your behalf. They do this so that your checking account or other banking info is never released. Other than your name and pertinent info to the statement, no other info is provided so that you stay safe. Due to the process, your banking information stays private to you.
You can also not worry about your bills being late. You can avoid late fees and other charges that can occur from being late. Many will have online access available at all times so you can see and print out your bills. This allows you to have a printout of bills paid and keep you on your monthly limit you have set.
Always check the company information out. Compare their services and fees with other businesses. Look for testimonials from current clients. You also want to verify all fees associated with this service. Make sure they have representatives available to speak with in case you have any questions or concerns. See if any of your friends are using this and get their input.
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Source: http://www.lendingandcredit.net/credit/how-to-select-a-bill-pay-service/