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PayTrust.com/PayMyBills.com Consumer Alert - Paytrust has changed their pricing model from 30 payments a month free to understating that 30 transactions are free. That is to say that if you receive 15 bills and make 15 payments, the combination of the bills and payments account for 30 transactions. The net of this policy is that after 15 bills, a bill and payment will cost the consumer $1.00 per bill/payment and not 50 cents.

Consumer Alert - Check Free Corp. is the provider of bill payment services to USPS eBillPay. Our investigation has uncovered that eBillPay (USPS) is intentionally conveying their services as Bill Managers, but in reality is
acting as a Bill Broker.

We discovered that Check Free Corp. is actively converting bill payment to what they internally describe as Corporate Check method. With Corporate Checks, Check Free debits your checking account on the date the bill is due for payment and deposits the money in a Check Free checking account. The consumer's funds are in the possession of Check Free until the payment is posted by the biller and clears.

• Bill Brokers can be used as Bill Managers as well as a service to collect and manage your paper bills.
• Bill Brokers provide you the ability to have Billers send paper bills to the Bill Broker. The Bill Broker digitizes the bills and you can view and download bills over the Internet.
• Bill Brokers pay your bills by debiting your checking account on the payment date and mailing a check drawn on the Bill Brokers checking account to your Biller.
• Bill Brokers make money off the float. This means they take money out of your checking account and deposit the money in their account. Until the Biller cashes the Bill Broker's check, the interest that accrues on the money belongs to the Bill Broker.

If you are aware of a Bill Broker not listed above, please email us with the name and hyperlink.

Keep in mind a Bill Broker is a service that receives your bills and scans them, and pays your bills against THEIR checking account after they debit your checking account.