According to BillShark, its platform has saved users more than $10 million in bills since 2016. However, BillShark is more than just a flashy “Shark Tank” pitch. Price: 40% for bill negotiation $9 per subscription cancellationīillShark is one of the most recognizable bill negotiation services on the market, with an appearance on “Shark Tank” and investment from tech mogul Mark Cuban creating quite the splash for this platform.Cons: No monthly payment option except a six-month plan.
Lower monthly bills free#
However, if you have several monthly subscriptions, you could potentially save hundreds of dollars per year through a reputable negotiation service. If you’ve already stopped watching TV, ditched your landline, and found a cheap Internet plan, you probably won’t find too many areas to save with bill negotiation. Some services also handle medical expenses, offer free insurance quotes, and can detect which subscription services you aren’t using to cancel them.
The best bill negotiation companies are comprehensive in terms of what bills they tackle.
However, the amount of time and aggravation you save is worth it if the alternative is putting it off. Ultimately, it isn’t as frugal as calling each provider yourself. However, the other $60 in savings is yours to enjoy. Typically, that means you pay a percentage of your savings to the bill negotiation service.įor example, if a service charges 40% of your annual savings for lowering your bill and ends up saving you $100 per year, you pay $40 upfront or in monthly installments. These services often split the annual savings with you in exchange for successfully lowering a bill or canceling an unused subscription. Additionally, if you have multiple bills and subscriptions to keep track of, it’s easy to delay calling or forget about certain bills altogether.īill negotiation services solve this problem by doing the work for you. However, these phone calls take time and effort. That’s because service providers are generally willing to negotiate to keep your business. For example, if you’re a loyal Internet customer, calling your provider to ask for a better rate is often a straightforward way to lower your bill. It’s possible to reduce many of your monthly bills just by making a few phone calls. If you want to ensure you’re getting the best deals possible for your monthly bills, a bill negotiation service can save you time and money. Bill negotiation services are a growing niche that helps busy individuals secure better rates for their monthly bills, cancel unused subscriptions, and stay on top of rising service costs. Thankfully, you don’t have to work alone. While that’s an excellent budgeting foundation, if you want to maximize your savings rate, you need to consider all your monthly bills when trying to cut costs. For most of us, major expenses like rent, groceries, and car payments draw most of our attention.
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