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Nov 23, 2004 -- Electronic bill pay growing expoentially
How do you pay our bills? In the year 2004, electronic bill paying makes a lot of sense. In fact, roughly one-third of Americans now pay their bills, or some portion of their bills, online. And that the number is heading up. What is the problem with the old system of check writing? If it gets to the creditor late, you the consumer - have no proof that the check was sent on time. You may get stuck with a late fee, or even a mark on your credit. Clark has done electronic bill paying since the 90s. Sometimes, banks and companies make mistakes. But if you pay though online bill pay, there is an electronic paper trail. Then if there is a problem, the service will step up and help. Listeners say that this system has helped them when there is a problem. The payer is protected. Try it.
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