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Solved: What are possible advantages and disadvantages of using automatic

Question:

What are possible advantages and disadvantages of using automatic withdrawal to pay bills? Check all that apply.

A. Not having to keep track of the balance in a checking account

B. Avoiding late payment fees

C. Having to share your account information

D. Not having to find a stamp and a mailbox

E. Not knowing when the payment will be taken out of your account

F. Possible overdraft fees if there is not enough money in the account to cover the payment amount

G. Having to pay a fee for the service

Answer:

A. Not having to keep track of the balance in a checking account

B. Avoiding late payment fees

D. Not having to find a stamp and a mailbox

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