Billfloat.com – An Excellent Way to Pay Bills On Time Every Month
Paying the bills on time every month can be a bit of a challenge. This task is even harder to accomplish when multiple bills are due on the same day. In this situation, even a person with the best intentions can fall behind on their payments. Sometimes, all a person needs is a little extra time to build up their finances so they can pay their bills comfortably. With Billfloat.com, they can receive this extra time while making consistent payments on the day each bill is due.
Billfloat.com is a practical service that a person can use to pay their bills in a timely manner. Instead of falling into the habit of making late payments, individuals can use this service to prolong their billing cycles. Billfloat will pay each forthcoming bill on its scheduled date. In turn, the person using this service will have 30 days to reorganize their finances and pay back Billfloat. This is a fee-based service, but the fees are quite reasonable when compared to fees offered by similar services and payday loan companies.
With most bill payment services, all a person receives is management assistance and the option to eliminate paper bills. These services may provide convenience, but many of them will not extend an individual’s billing period. Anyone using the typical bill payment service must make payments on time or they may have to deal with exasperating issues such as harassing phone calls and late fees. Some of these companies may even charge a recurring monthly fee for a set number of transactions. Charging a fee is understandable, but many may question the reason behind a fee if the company does not provide a much-needed service.
Countless individuals turn to payday loan companies when they want to make prompt bill payments or lengthen their billing periods. In this way, Billfloat and payday loan services are similar, but several differences also exist between the two. To begin with, Billfloat is not a cash advance service. They only focus on bill payments, and their primary goal is to help their customers pay each bill punctually. Payday loan companies focus on cash lending because their business relies on the interest obtained from loan amounts. If a person does not use their loan to pay bills, payday loan companies will not mind as long as they receive a repayment plus finance charges.
Secondly, payday loan companies usually charge an exorbitant amount of interest. The finance charges for a $100 cash advance is $15 or more for a period of two weeks. At minimum, this amounts to $30 for a one-month loan period, which is equal to 30% interest. Additional fees may apply if the payday loan company offers a bill payment service.
In a 30-day period, Billfloat charges its customers 3% interest on the amount of the bill. This is in addition to a basic service charge of $14.99. Using an example of a bill due for $100, the interest would amount to $3 plus the bill payment service charge for a total of $17.99. This fee is much more reasonable and attainable for the individual searching for affordable alternatives to payday loans.
Several credible news outlets, companies, and financial websites gave Billfloat.com an honorable mention in articles and reports. This young company has many satisfied customers and continues to grow exponentially. Paypal, which is the leading online payment processor, also supports this company financially and technologically. This further adds to their credibility and gives potential customers a good reason to try this service.
Billfloat works closely with over 3500 billing companies across the nation. Customers can make payments for utilities, wireless phones, cable TV services, and much more. In order to get started, all a person needs is the information concerning the bill along with a bank account and some personal info. Billfloat will then offer a secure payment option uniquely designed for the individual. Using this service will give a person just a little more time to fix those unexpected financial setbacks. This is a valuable service that provides excellent credit protection and piece of mind as well.