Going green - Bull!
Date: Tue, 04/13/2010 - 19:47
I noticed that WFNB is now charging $1.00 to mail a bill. Under the guise of "going green," this is nothing more than a ploy to earn additional sums on top of a 15% to 24.99% interest rate.
It costs them money to process payments no matter how the payment arrives, i.e., electronically or by paper. I just decided to use my online banking system to pay them daily, enough to pay off the bill before the next bill but also creating additional servicing charges for the company. Seems like an equitable solution to me.
I thought they had to provide me with specific credit information. Forcing me to receive the bill electronically or charging me a $1.00 for a paper bill does not seem to meet the spirit of the law.
It costs them money to process payments no matter how the payment arrives, i.e., electronically or by paper. I just decided to use my online banking system to pay them daily, enough to pay off the bill before the next bill but also creating additional servicing charges for the company. Seems like an equitable solution to me.
I thought they had to provide me with specific credit information. Forcing me to receive the bill electronically or charging me a $1.00 for a paper bill does not seem to meet the spirit of the law.
It costs them more to receive a paper check. Personally I appla
It costs them more to receive a paper check. Personally I applaud the companies that have gone electronic...it is so much more convient. This is the way things are going....get used to it.
