We all have “senior moments” and briefly forget a name, something at the store, or even why we went downstairs in the first place. Such a slip-up might be embarrassing or disconcerting, but it usually doesn’t cost anything—unless the moment is financial in nature, such as forgetting to pay a bill. In that case, online bill payment can be a lifesaver.
A quarter of Americans pay their bills late and the top reason—cited by 61% of late payers in one survey—is that they simply forgot. The No. 3 reason is they lost the bill and No. 5 is that they procrastinated past the due date.
