Let’s face it, no one likes it when it comes time for bill pay. Not only is it hard to watch your bank account decrease every month, but it can also be such a hassle.
Rushing around and running your errands so that bills can be paid on time, or remembering to log in online every month before your due date can make bill pay such a hassle.
After all that stress of trying to get them paid, you’re stuck with a late fee if you miss your due date. Why put yourself through that stressful situation every month?
Take advantage of our bill pay services to make it easier on yourself!
Automate Bill Pay
Bill pay can easily be automated so that you don’t have to worry about due dates or late fees ever again.
Long gone are the days where you had to write a check, fill out an envelope, and travel to the post office every month for every bill that came your way. Even mistakes at the post office can cause late payments that result in increased interest rates and negative marks on your credit report.
Save yourself from stress and late fees each month by taking advantage of our bill pay services.
The Impact of a Late Bill
Most everyone has unfortunately paid a late bill here and there as due dates are forgotten or you don’t have the money on time.
If these occurrences are rare, they usually don’t have too much of an impact on your credit score. If bill payment is consistently late and the late fees add up, however, it could greatly impact your credit score and create financial headaches in the long run.
According to Forbes, 1 in 3 Americans is late on a bill payment. It’s a nationwide problem that costs Americans so much more than their original bills and causes headaches with collection agencies.
Credit Scores Suffer from Late Bill Pay
Even though a late payment on a simple bill may seem insignificant at the time, the repercussions of that late bill pay could prevent you from larger financial purchases later in life.
If your late bills end up going to a collections agency, your credit score will suffer and your stress will increase. Any debts in collections can stay on your credit report for seven years, so it’s best to handle your bill pay on time to avoid penalties.
Those negative marks on your credit score can come back to haunt you when it comes time to buy a home or car, your insurance rates, or your ability to take out loans.
Do yourself a favor and sign up for our bill pay services at EZ Money!
Advantages of Bill Pay with EZ Money
EZ Money makes bill pay simple. We’re locally owned and operated and can process payment for most local utilities.
Don’t throw away money on unnecessary postage. While you’re out running errands, just stop by and pay them all in one simple transaction. Our representatives understand the urgency of bill pay and we will always work quickly to get you out the door and on your way with bills paid on time.
While the convenience factor of paying all local utilities at once with EZ Money is evident, our bill pay service can also help you:
- Avoid postal mistakes that can cause late payment arrivals
- Save time
- Prove you paid your bill on time
- Keep your carbon footprint low by eliminating paperwork, envelopes, postage, and reducing emissions
The benefit of working with EZ Money for bill pay is that we’re not a national chain, and we value our community. Our network includes most local utility providers to make your stop at EZ Money as productive as possible.
We’re here to help you make things easier and avoid stressful financial situations. Contact us today!