Question

Which payment option provides consistency in on-time bill payment? A) mailing a check B)making a payment by telephone C)submitting an online payment D)automatic withdrawal

Answer 1

The most consistent payment option for on-time bill payments is automatic withdrawal, as it eliminates the need for manual intervention and ensures bills are paid on schedule.

Step-by-step explanation:

The payment option that provides consistency in on-time bill payment is D) automatic withdrawal. This method ensures that funds are electronically deducted from a bank account regularly to pay recurring bills, such as for utilities or subscriptions, on a scheduled date without the need for manual intervention each time. Automatic withdrawals can help avoid late payments and potential late fees, making budgeting and financial planning more straightforward. As the bank has already been provided with instructions this type of payment does not have delays.

Answer 2

D, because automatic withdrawal is a schedule payment that takes place without either party having to do a thing as long as the account covera the balance.