While automated payments ensure your bills get paid with little-to-no effort on your part and keep service providers happy, it’s better to pay some bills manually.Otherwise, you may be setting yourself up for all-too-frequent fee hikes, surprise costs, and payments for services you never even use, according to Yahoo! Finance.
If you’re not expecting them or keeping a close eye on your account balances, those extra costs can bleed your account dry and easily overdraw your account, adding overdraft fees to your burden, Yahoo! Finance reports.
The online magazine recommends dropping these five fees from your automated payment list as soon as possible:
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