As some banks continue to add new fees and increase others, many of us are looking to switch to a more customer friendly institution. That sounds pretty simple, but in the age of direct deposit and auto drafts it can become a nightmare if you forget even one item. The last thing you want to do is rack up those crushing fees, and have the debt collectors after you because you can't pay your auto or mortgage.  Here is a short checklist to help you avoid any inconveniences that could affect daily services or your credit score.

Start at work. Let HR know that you have a new bank so they can stop your old direct deposit and begin the new one.

Contact the merchants, insurance companies, and financial institutions, and anyone else that you have given authorization to auto draft your accounts. Forget even one and you will be facing nasty overdraft fees and the possibility of having something shutoff or repossessed.

If you use online banking, download and print all bank statements from your old institution. While on the site, copy down all biller and payee info that you can find.

Does your old institution offer discounts on car loans in Florida or mortgages that you hold with them for auto drafting from a checking account at their institution? If so, refi those loans or keep your account open with just enough cash to pay those bills.

Switching banks sounds easy enough and it is if you just have simple checking and savings accounts. Things get more complicated the more items you connect directly to the account. Your best tool to switching is a list...a list of what comes into and out of your account.

This guest post was provided by our friends at Debt Consolidation Florida, who have been proactive not just helping people get out of debt, but helping them avoid it altogether as well.