I understand returned payment fees for checks, but I’ve never been charged for having a credit card decline.

Stupid of me to sign up for auto-payment when I use my credit card for gas, I guess.

  • KingDingbat@lemmy.worldEnglish
    1·
    1 month ago

    I’m decades old. The lesson I learned over decades is to NEVER sign up for autopay. NEVER. THERE’S NOT A COMPANY OUT THERE THAT BUGS YOU FOR AUTO PAY THAT WON’T ABUSE YOU.

    • buddascrayon@lemmy.worldEnglish
      1·
      1 month ago

      Yeah, this is a hard lesson everyone should take to heart.

      Edit: to add, most banks will allow you to set up automatic payments to go out to companies. This is a far better method because it doesn’t put your finances in the hands of an unscrupulous corporation. (Well, other than your bank but those are the dice we roll)

    • grue@lemmy.worldEnglish
      1·
      1 month ago

      Bill pay pushed from your bank account is okay – you can get even set up limits where it’ll cancel the payment if a bill is unexpectedly large.

      Letting creditors pull from your bank account is what isn’t okay.