What is everyone's thoughts on having your bank withdraw money from your check weekly to pay a bill. In other words I have a signature loan and they withdraw 20 dollars from each check to put it toward the loan. It is almost hardly missed, and I looked at my loan recently and was surprised at how little I owe now.
I have a credit card with them owing about 2,000 on it and was thinking of doing the same thing with it. What is your thoughts? Pro/Cons?