Authorizing any institution to pull cash out of your account is insane.
Most folks should probably be keeping track of and managing your revenues and expenses, it's just too dangerous for someone to have access to your account. What if they make a mistake? What if they overcharge you and you don't notice until the bank statement comes after the 15 day deadline for appealing? That money is GONE. You might get it back, eventually...
What if a pipe in that cottage up north and you have an unexpected $3000.00 water bill? I know I'd rather call them up and talk about how to pay the bill than already have the money gone from my account.
No comments:
Post a Comment