Apparently, several years ago I signed up for Chase Bank autopay. The autopay I signed up for only kicks in if my payment did not arrive on time.
Since my payments have always arrived on time, I had forgotten that I had signed up for Chase Bank autopay lurking in the background. If any of you are not planning on paying the 2% to 5% monthly minimum payment increase, please be aware that you could get a very big surprise if you send in a smaller payment. That unpleasant surprise being the difference from what you pay versus the new, much higher increase will be taken out via autopay, even if up until now you had not used autopay because your payments were always in on time.
No comments:
Post a Comment