Maybe it’s those constant television commercials, or our parents pounded it into our brains. Whatever the case, we are constantly reminded that paying our bills is essential. It starts from the time we understand what money and bills are. We’re told that paying our bills on time is important. Though you’ve been informed of the importance, have you been told why? In this blog, MaxLend, a reputable online direct lender, will explain why you should pay bills on time and how you can make sure to pay your bills on time.
Why Should I Pay Bills on Time?
Many reasons make paying bills on time important. You might be thinking about buying a car, investing in a house, or otherwise making a purchase that requires you to have credit. These companies that provide credit to you will want to see your financial history. Part of that financial history is if you have a history of paying your bills on time. Though many factors go into establishing a person’s credit score, their history of paying bills is highly weighted. For this reason alone, you can see that you will want to pay your bills on time.
Another reason to pay your bills on time is late fees. When you fail to pay a bill on time, a debtor can charge you a fee. This fee could be charged once or it could be a fee for each day your bill is late. For example, some companies charge $25 for their late fee. If you have a late payment each month, think about how at the end of a year, you could have had that money to spend on something else.
What about phone calls? Today, people don’t even want to pick up the phone to talk to their dearest friends. If you don’t want to talk to people you know on the phone, do you want to have a debt collector calling you regularly because you didn’t pay your bills? We doubt the answer to that is “yes.”
How Can I Make Sure to Pay Bills on Time?
There are a few things you can do to ensure that you regularly pay your bills on time. To start, you’ll want to make sure that you see all of your bills when they are sent to you. You might get a paper bill you retrieve from your mailbox or an email you receive on your computer. Paying attention to the bills that come in will help ensure that you pay them on time.
Some debtors allow for automatic payments to be made to them through your bank or a credit card. Setting up these payments will help you ensure that no bills accidentally get overlooked. If your billing due date doesn’t align well with your payday, contact the company to see if you can move the due date. Moving the date can also help ensure you have the funds available to pay the bills when they come due.
Another way to guarantee your bills get paid on time is to pay them early. Most companies won’t charge a fee for early payments. If you have the money on hand to pay your bills, paying them early and getting them out of the way might help keep you from incurring unnecessary charges.
How MaxLend Can Help
If you have unexpected expenses and bills that you want to pay on time, MaxLend might be able to help. We are a reputable online direct lender that offers installment loans. We have helped thousands of people, like you, to get the money they need when they need it.
MaxLend makes it easy for you to apply for a personal loan. Plus, we are available 24 hours a day, 7 days a week, to get you the information you need to secure your funds today.* Just give us a call at 877-936-4336.
What if you have more questions about paying bills on time, loans, and lending? Not a problem. You can read our frequently asked questions for more information, and when you are ready, you can fill out an online loan application.
To find out what other people are saying about MaxLend loans, read our reviews, or find out about MaxLend Preferred Rewards, our loan loyalty rewards program.
*Same Day Funding is available on business days where pre-approval, eSignature of the loan agreement and completion of the confirmation call, if a call is required, have occurred by 11:45 a.m. Eastern Time and a customer elects ACH as payment method. Customers who complete this process by 1:30 p.m. Eastern on business days may still receive funds on the same day, but some banks may not disburse the funds until the next business day. Other restrictions may apply. Certain financial institutions do not support same day funded transactions. When Same Day Funding is not available, funding will occur the next business day.
The content on this site is for informational purposes only and is not professional financial advice. MaxLend does not assume responsibility for the information given. All information should be weighed against your own abilities and circumstances and applied accordingly. It is up to readers to determine if this information is safe and suitable for their own situations.
MaxLend, is a sovereign enterprise, an economic development arm, and instrumentality of, and wholly-owned and controlled by, the Mandan, Hidatsa, and Arikara Nation, a federally-recognized sovereign American Indian Tribe. (the “Tribe”). This means that MaxLend’s loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that MaxLend is not subject to suit or service of process. Rather, MaxLend is regulated by the Tribe. If you do business with MaxLend, your potential forums for dispute resolution will be limited to those available under Tribal law and your loan agreement. As more specifically set forth in MaxLend’s contracts, these forums include an informal but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, MaxLend is not subject to suit or service of process. Nothing in this website is intended to waive or otherwise prejudice MaxLend’s entitlement to these protections. Neither MaxLend nor the Tribe has waived its sovereign immunity in connection with any claims relative to the use of this website. If you are not comfortable doing business with sovereign instrumentality that cannot be sued in court, you should discontinue the use of this website.