It’s absolutely true that setting and paying your bills on autopay may save you from late fees and add more security to your money, hence, reducing the usage of paper bills.
It might be convenient and hassle-free to put your bills on autopay, there are, however, bills that you must not streamline. Below, we have compiled 6 bills that must not be defaulted on autopay.
From the word itself, autopay is an online slash automated payment method allowing companies to deduct your amount due from your bank account or credit card on set schedules to pay your bills or expenses.
6 Bills that Should Not be Put on Autopay
1. Annual Subscriptions
Subscriptions to annual magazines or monthly streaming service subscriptions such as Netflix or Hulu must not be put on autopay as you may forget that they are still active and continue paying regularly even though you don’t use, want, or need them anymore.
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