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Business, 18.07.2020 19:01 jbrowley

Which of the following statements are true about authorized direct payments: (select all that apply) A. It can be easy to forget what gets paid each month and when and make sure you have enough money in your checking account to cover automatic payments

B. Banks make many mistakes while processing these types of withdrawals

C. It is convenient

D. Automatic payment plans can be set up in a matter of minutes. But stopping them can be much more difficult. Sometimes you have to notify your bank and your merchant, and you may even need to do it in writing.

E. It is very expensive to enroll into automatic bill payment. F. Once you enroll into automatic bill payment, you have to authorize direct deposits to your account on regular basis.

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Which of the following statements are true about authorized direct payments: (select all that apply)...

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