Mar 21, 2015
Paying bills late can be detrimental to your credit score. When it comes to creditors and even your credit score, a slight lateness ones can result in having to pay lateness fees. There are several steps that can be taken to stay ahead of your monthly bills and these are listed below.
- Automatic Payments
Setting up automatic payments either through online banking or checking windows is one of the most effective ways to plan bills payments ahead. Some car insurance or car lease companies also offer discounts to customers who set up automatic payments. Some online checking services enable customers to set up bills by dates and even by priority. They will thus be able to send mobile reminders to customers.
- Mobile Apps
Most banks now have their own mobile apps available on Samsung Apps, Apple App Store and Google Play. These allow users to scan and deposit their checks. Depositing through these apps will in most cases take less time than processing a check at the bank.
- Set up reminders
If you tend to have various bills requiring attention at different times of the month, it might be tedious to remember all the dates and ensure adequate funding for each of them. Instead, mobile reminders can be used or services such as Gmail and iCloud also allow calendar reminders to be synced with all devices.
- Choose Convenient Due Dates
Making companies now allow you to schedule your own billing dates. If for instance, the end of the month is more convenient for you, it would be preferable to set up due dates for all bills at that time of the month.