I am a recent convert to e-statements. All budgets/etc have been set up on spreadsheets for just over 5 years now, so it just made sense to go paperless. Still receive paper statement from those that do not offer electronic (some utilities, local CU bank statements, property tax and the like). Mortgage company - both electronic & paper. I still prefer to keep paper copies of mortgage and financial statements along with tax records. Some old habits just dont change.
Still have a few boxes of old paper cc statements to go thru and shred. I have been a pack rat for the better part of my adult life. Since switching over to electronic - much neater and easier to reference!!
So guess I'm BOTH. Ratio 80-E & 20-P
@plasticman wrote:
@Anonymous wrote:After the crap I went through for my mortgage, and perhaps even before that, I am absolutely for paperless. In fact, I closed my Hooters MC because they did not offer a paperless option (as well as not hooking up a CLI nor a waiver of my AF...). All of my bills are paperless and if I need to get a new mortgage, I can go online for most if not all of my documents. In fact I relish for the day when my employer offers a W-2 that I can view online, much like I can view my stubs (all my stubs are available since I started...for you tree killers who still get paper stubs, honestly, do you keep ALL of your pay stubs?).
Paperless is just too convenient. No way would I give that up.
Call me what you will, but I keep all of my paper pay stubs issued to me for the same length of time I am required to keep my tax forms. I found this to be convenient and helpful on occasion.
I also like my paper statements for some of the same reasons as cobaltnv does.
Does this make me an entire forrest killer?
With respect to you and cobaltnv, I am not really an environmentalist. In truth, I'm already a packrat as it is with the paper I do have. If I can lessen the amount of paper I receive, so much the better for me. I don't need e-mail reminders or the like to tell me when I have to pay a bill, because my biweekly paycheck and what's in "My Portfolio" in my BOA account dictates when my bills get PIFed. Since I started my credit repair journey, I have pretty much utilized all things online to make sure my bills get paid. To say that paper is "safer" is a fallacy. It's just as easy for someone to grab my mail if not easier than for someone to "hack" through my secure SSL connection or grab my password.
I guess if one has to float, or whatever, then yeah, I guess paper or email reminders would be needed. I will say this much, if I had an online option to pay my bills when I first started dealing with credit, instead of paper bill, envelope and check (oh and the stamp...), I would a) be 850 FICO across the board, and b) would probably not need to be here at all learning how to improve my scores or getting new information when something changes. So I guess in a way, I'm glad I was never 850 to begin with.
