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Report: 75% of Consumers Use Autopay for Bills Like Subscriptions and Streaming

October 08, 2023
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Report: 75% of Consumers Use Autopay for Bills Like Subscriptions and Streaming

October 08, 2023
Autopay is rising among credit card customers, though it could cost them more over time. Consumer use of autopay nearly doubled between 2015 and 2020 and is still climbing, The Wall Street Journal reported Sunday (Oct. 8), citing data from the Consumer Financial Protection Bureau (CFPB) and industry executives. While this higher enrollment should lead to lower fees, […]