Did you know that whenever you pay a bill online you in many instances are giving that creditor the right to debit funds from your account if you get behind on your payments without any additional permission, warning or disclosure to you? If that card is connected to a checking account (debit card) they can even get paid if it overdrafts your account!
Yes, it is true. It happened to me. Your bank will honor that debit even if it overdraws your account and the card company will charge you o...
Published on June 26, 2010 04:39