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$16 million cable bill quickly reversed by Time Warner

By: Anne Thomas1

Billing is always a tough challenge for any business. Computerized billing systems are intended to make things much easier. A $16 million cable invoice is the latest in a long string of accidental overcharges that call that into question. This particular invoice has been reversed already. The lesson, however, is that keeping an eye on your finances is incredibly important. Source for this article - $16 million cable bill quickly reversed by Time Warner by MoneyBlogNewz.

Cable invoice costs $16 million

In Ohio, there's a resident named Daniel DeVirgilio. He gets Time Warner cable service at his house. At the end of last month, DeVirgilio received notification that his credit card had been dropped when he tried to pay his cable bill. A charge of $16.4 million, $1 million for every March Madness pay-per-view basketball game, was put on his account by Time Warner. Time Warner changed this after the glitch occurred.

The reason to keep away from autopay

The cable invoice Daniel DeVirgilio pays was on autopay, as many people experience. Monthly invoice pay services where customers just give over their credit or debit card number occur often. Invoice payers are able to know their invoice will always be paid this way, without having to manually do it each month. Daniel DeVirgilio only discovered his $16 million cable bill when he got notice that his charge card had been declined for the amount of the bill.

Paying bills by waiting for them to come

It could be dangerous to simply use autopay with your bills, as shown by the $16 million cable invoice. Remember due dates of bills is never easy. Everybody has difficulty with it. It is simple to do watchful waiting. There are things you are able to do to keep away from forgetting though. The first option is to do the simplest thing -- pay each invoice the day you receive it. It may be helpful to track the dates on a calendar since sometimes that isn't always an option. Lastly, you can put your bills on auto-payment, however schedule a few hours, once or twice a month, to read over each bill to ensure that there are no surprises. The likelihood you'll encounter a $16 million cable invoice is small, but an additional few dollars each month can add up very quickly.

Citations

Digital Life Today

digitallife.today.com/_news/2011/04/04/6405791-time-warner-charges-man-164-million-for-cable-service?GT1=43001

Yahoo News

news.yahoo.com/s/yblog_thelookout/20110325/ts_yblog_thelookout/ohio-man-gets-a-16-4-million-cable-bill

Article Source: http://www.articlecontentprovider.com/articlesubmit

Computerized billing systems are marketed as a way to make life easier.

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