Tami Rechtenbach uses her credit union's online bill pay service for just about everything - utility bills, doctor bills and other routine statements.
"I love it, and I wouldn't do it any other way," said Rechtenbach, director of member services at Dupaco.
If you're still paying bills the old-fashioned way, by writing and mailing checks, consider three perks to paying your bills online:
- It's convenient. You don't have to find a postage stamp or bother with walking or driving to the mailbox.
- It's secure. You don't have to worry about losing a check in the mail. And with many bill pay services, should your payment be late or misdirected through no fault of your own, there are systems in place to protect you as the consumer.
- It's flexible. You can use your financial institution's online bill pay service or, oftentimes, pay bills online directly through each company's website. Dupaco's bill pay service allows members to direct the system to automatically pay a designated amount each month or manually set how much and when to pay each bill. In other words, set it and forget it. "It depends on your personality and your system and what works for you," Rechtenbach said.
If you'd like to try paying your bills online, Rechtenbach offers one piece of advice: "Just make sure you keep a good register so that you have a handle on what bills are coming in and what money is going out so you don't overdraw," she said.
By Emily Kittle