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Corehhi

join:2002-01-28
Bluffton, SC

Main reason I don't do auto withdrawal

I will not have things automatically deducted from my account for this reason. These guys can take every penny in your account before you know it and good luck getting it back.

Sukunai
Premium
join:2008-05-07
kudos:1
Yep auto withdraw, you might as well just give them your credit card too.

I never use auto withdraw for anything, and simply will refuse any service that can't accept that.

Feeling a bit better about dumping cable now actually.

chgo_man99

join:2010-01-01
San Jose, CA
The the problem is some people get many bills not just 2 or 3 with all having different dates. It makes it more difficult to keep track and easier to forget to pay bill before due date resulting in late fees.

You have rent/mortgage, auto, student loan, credit card, cell phone bill, cable bill, hospital bill, etc etc.

The best way to pay bills is to set auto-payment with auto alerts in your online banking without giving information to payees.

Sukunai
Premium
join:2008-05-07
kudos:1
Reviews:
·ELECTRONICBOX
reply to Corehhi
I sympathize with anyone sufficiently well off they can actually afford to have too many bills to keep track of.

Myself, I am just too damned poor to be in any position to be capable of letting even just one operation unfettered access to very limited funds.

I had a 'dispute' with Enbridge once. Their ineptitude put me in a position to get hit with an incompetence charge of 500 bucks when I moved. 500 bucks is basically the same as telling me and my family to take a pass on eating for two months.

So I told Enbridge to drop dead (essentially speaking). Something I was able to do thanks to them having no way to do anything about it. Credit rating you say? Credit rating means nothing to the poor. I prefer having food on my table. Credit is only good if you are trying to buy a car, set up a mortgage etc etc etc, all things strictly speaking indulgences of the well enough off they can afford them.

If your income level sucks, you simply either master paying your bills in an on time and orderly fashion, or you refrain from generating those bills to begin with.

I have my rent that comes first every damned month (and my landlord likes that I pay in cash too). I have a paper bill sent to me from Teksavvy for phone and internet, and I never fail them because they are worth it. And I have a credit card bill (which is currently being eliminated before the card ever gets used again).
Fortunately that is the total of my real expenses other than my Netflix payment which comes out of my Paypal account. But fortunately I can always deal with a lousy 8 bucks.

The trick to not being put in a bad spot with auto withdraws, is to not have any to begin with.

chgo_man99

join:2010-01-01
San Jose, CA

2 edits
This person above does not understand what kind of autopayments u can initiate via your own bank. U ARE IN TOTAL CHARGE. U do not authorize payee do debit u. Instead u authorize bank to make payment on behalf you and it can be one time or repeated.

A lot of people is not rich and can afford autopayment. U just have to be smart and monitor them. And try them just for fixed bills like rent not variable.

And maintaining good credit rating is important. Getting some jobs depend on having good credit score! Many rent landlords check your credit. If u have anytime a dispute with company u work with then to resolve it or sue them in small claims court but u NEVER leave it on its own! Thats how things are in the US. In Canada maybe different but why ruin score? Not paying is same as declaring bankruptcy and it affects u for 10 years! And besides not paying bill does not stop them from tracking u through a debt collection agency.

Whoever above gave a "humble" advice above, is the one of the dumbest "mature man's with family" tips I ever read in my life.

Sukunai
Premium
join:2008-05-07
kudos:1
Reviews:
·ELECTRONICBOX
reply to Corehhi
I am assuming English is not your native language (not a crime) as your post sounded painfully awkwardly worded.

Dumb advice? Hardly.

I have never experienced work that gave a damn about my credit rating. I HAVE experienced work that cared a great deal about past experience with the work being sought though. They also tend to like seeing diplomas and degrees, but nothing trumps experience.

But being I am disabled, I have zero need to give a damn about credit. Especially when it is something of a daily routine to see emails from credit institutions willing to offer service to all but a corpse.

If you are wealthy, well credit isn't an issue, if you are poor, well it is plain they will lend to anyone. Thus, credit is often massively over rated.

I have a friend that went the bankruptcy route (personal bankruptcy). Not sure about his current credit rating, but it hasn't hurt him owning a home. But then again, it was bought with the sale of a previous home owned by his parents. There was no mortgage involved.

I am genuinely poor, I know precisely what REAL poor feels like. Short of someone dumping a million bucks in my lap, credit will never mean anything in my life. I simply know I will never own a home. I have lived without a car my entire life, never driven once no license ever. Because even a job was never enough cause to go into massive debt load just to have one. I'd have always sought work that never required it.

That is something though that most simply refuse to accept, that you CAN find work without a vehicle. Local buddy of mine walks and or bikes back and forth to his work. Makes an acceptable income enough to pay his rent, pay his routine bills pay for food clothing and entertainment all on just his income. And he like me has no car. His credit rating is likely fine. But some things are just not worth having.

But many people simply refuse to accept that truth.

His education is a joke to be sure. High school at best. He got the job he got, as a result of being the hard worker he was for several years previous at another store doing mostly the same thing. He was hired entirely on the basis of being able to say 'yes I have 9 years doing this'. I'd have picked him every time over a kid with a degree and a sterling credit rating.

chgo_man99

join:2010-01-01
San Jose, CA

1 edit
Your advice is " you don't need a car at all in America, get a bike or walk to nearest McDonald's for minimum wage that you will pay a portion of your rent with your 4 roommates in studio apartment." Donu even realize the cost of rent in city is very high compared suburbs or rural area where car is a must? I get you don't get it because u live on government subsidized housing. Well done living off taxpayers money.

You have made a lot of silly excuses due to being poor. You also seem to compare majority of middle class folks who are not rich to rich folks. You seem to even attack those who are better well off with your monastery dignity. Ruin atmosphere of discussion. That's your agenda of your posts no doubt. Humiliate those more successfull down to your level. You also changed the topic of my posts from how u can smartly manage money to how to struggle to live on low income. How those two thing relate? They don't! You are trolling! I have no sympathy for you. Go harras someone else, preferably Canadian who you can better relate to with your reality and your socialist agenda. From now on don't contact me. I am ignoring your posts.