Cheryl Winokur Munk
Cheryl Winokur Munk
Versatile freelance writer whose focus includes personal finance, college financing, retirement, and the consumer products industry.Source
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The Hidden Dangers of Autopay, for Advisors and Their Clients

The Hidden Dangers of Autopay, for Advisors and Their Clients

ShareThis copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.https://www.barrons.com/advisor/articles/autopay-bills-hidden-danger-51648667951Financial advisors often encourage clients to put their bills, including rent, mortgage, and utilities, on autopay. Some advisors even set up auto-payments on clients’ behalf. But despite some of the benefits auto-payments offer, it can also lead to problems, especially for people who take a hands-off approach to their...

March 30, 2022
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