Beware of bundling your bills. When someone from your telephone or cable company calls and they want you to combine the bills you receive from them, beware. It sounds like a great idea, get all of your bills from one provider together and save a few dollars a month, after all this is what we are trying to do, surviving the rising cost of living, and save money, right?
For example if you have your home phone service, and your internet connection from the same company and you currently pay for them separately it sounds OK to combine them, but beware of bundling your bills. What the company, any company, does not tell you is that you just started a new contract with them if you decide to combine your bills. That’s right, a new contract just for bundling your bill. This new contract is most likely for two years.
Now, what happens if you decide in six months or even a year that you want to change providers? Well since you entered into a contract, you either have to stay, or PAY A FINE, that’s right they will fine you for getting out of your new contract early. I know, I was fined by a very popular phone company, ( $200.00) when I wanted to change to a cheaper company.
They never told me that I entered into a new contract that I had to stay with for two years, I am sure that is was stated somewhere in the five pages that came with my bill, but I don’t read every line on every page. I check to see that my bill is correct and I am not getting charges that I shouldn’t.
So beware when someone calls and wants you to bundle your bills, ask the question about entering into a new contract and if you decide to leave early, is there a fine. You could save more money just by knowing this, than you can by bundling your bills.