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Whats the difference between a Manual Payment and an Automatic Payment?

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Whats the difference between a Manual Payment and an Automatic Payment?

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A Manual Payment usually has a different amount due each month, such as a utility payment. Once you set up the Payee, you only need to enter the Payment Amount and Due Date each time you get that bill. An Automatic Payment has the same amount due at the same time each month, such as a mortgage payment. Once you set up an Automatic Payment, it will continue at the frequency you indicate until the ending date you entered, or until you change the ending date.

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