[Shamil]

This is similar to the folks that chase the 0.005% higher yield at bank of Guyana. Not knocking your process, I pay in full also, but I make sure the banks and insurance companies I use are highly rated. More important than a few dollars in savings.

[Channing]

That’s why I pretty much never prepay, I just put the money aside. A company going out of business is obv an extreme example but you also lose leverage if you have an issue once you’ve paid up front. Companies get a lot less motivated to fix something once they have your money and good luck getting a refund that’s not a “credit”.

[Roxanne]

Eeeeek I prepay for everything possible but never really thought of this issue.

[Author]

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