Page 2 - Payment Programs News Today

Employed and may be just a struggle, may be on a budget plan or a payment plan that they really cant keep but they kind of buy them to it just continue to not get cut off. >> reporter: detroits main power company donates millions to local non-profits and says they work cleesely with their customers to put them on payment programs to even out the bills year-round. but the numbers show that tens of thousands of people every year find themselves unable to pay their bills and have their gas or elect...

So most of us pay our mortgages monthly, right? some people are in bimonthly payment programs. but financial expert and author clyde anderson is joining us today. clyde, you say thats not always a good idea. >> not always. >> start me off here. it sounds self-explanatory. what are we talking about? >> well, a lot of people dont realize the first ten years of a mortgage is primarily interest anyway. thats what theyre paying. bimonthly mortgage. lets look at this and realize on a 30-year mortgage ...

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