• filter:
  • 1224225226227 228
  • Page
  • Text Only
  • Search this Topic »
rated:
kashaf said:   I am in financial crisis and one of my friend mentioned that I can take money out of my 401 as loan which I have to pay back and all the interest which I would pay will go back to my 401.I don't understand ,Can somebody please help me in this regardMaybe if you told us what kind of financial crisis you are in that you think a 401k loan would help resolve, we could help you more.

A 401k loan is a terrible idea and could make your "crisis" even worse.

And since you already started a separate thread, just keep all your posts there. But it's not going to be a flame-free zone.

rated:
yup FP of 2010

rated:
If I'm in that situation, I'll agree with Scripta...... Don't take such a risk

rated:
what debit cards earn points for loading money onto serve? I want to earn rewards for loading money onto serve with a debit card

rated:
messi85 said:   what debit cards earn points for loading money onto serve? I want to earn rewards for loading money onto serve with a debit card
  First you have to find a debit card that earns points for ordinary spending. I believe that's getting hard to do. I had the SunTrust Skymiles debit card for awhile, but I hear that is no longer available. I'm with you, I'd like to find one to use with Serve.

rated:
Paypal debit card does earn reward but only if you use it as a credit card. The $ is deducted from PP account.

rated:
Hi, everybody! So, actually my inability to plan my outgoings caused me to some kind of dead lock. I've just found a new job after a quite long-term unemployment and have no money to pay a rent, so my landlord threatened to evict me. I saw today the blurb today which advertised a short term loans with internet lenders, it's called http://usonlineloans.com/. Did anybody has a deal with such kind of service? What do you think about it?

I'd be tankful for any advice

rated:
I'm going to assume you are not someone who spam for this outfit. The best you can hope for is some insane interest rate, worst you will have your credit info stolen by some outfit in the former USSR.

Negotiate with your landlord for more time, eviction takes time and money. Stay away from all payday loan. If you have decent credit, using a credit card would still be better than taking out payday loan.

http://www.bbb.org/us/article/bbb-warns-against-deceitful-online...

http://www.usa.gov/topics/consumer/scams-fraud/money/loan-scams....

rated:
helenjones said:   Hi, everybody! So, actually my inability to plan my outgoings caused me to some kind of dead lock. I've just found a new job after a quite long-term unemployment and have no money to pay a rent, so my landlord threatened to evict me. I saw today the blurb today which advertised a short term loans with internet lenders, it's called http://usonlineloans.com/. Did anybody has a deal with such kind of service? What do you think about it?

I'd be tankful for any advice

  That website has very little information, but I did find this about fees:

We offer fees on a competitive level and according to all applicable federal and state laws.
Fees can range from 25$ to 30$ per every $100 you borrow, so for example
if you take a loan for $400, then fees will be around 100-120$

This rate is above what is allowed in Washington State.
From the Washington State Department of Financial Institutions :

Maximum Loan Amounts & Terms In Washington
Maximum Loan Term: 45 days
Maximum Loan Amount: $700 or 30% of your gross monthly income, whichever is less
Maximum Fee: 15% on the first $500 and 10% above $500

rated:
tajar96 said:   Hi! Does it make sense to pay the estimated taxes via credit card per quarter and then potentially get a refund when you file for taxes next year ? I have the 5% AARP so wondering how best to maximize the CB. I have never paid my federal taxes quarterly and no clue on how to even estimate them. Should I just take my annual salary, divide by 4 and then take out my tax bracket ? Do I need take into account the exemptions as well ? I assume I have to pay the whole amount for that quarter and cannot just pay x amount ( based on my available credit limit). Can you please help make this clear for me. I am sure the federal govt will not mind if I start paying my taxes quarterly. Thanks in advance.
  

I have a similar situation.

Between various life changes, I expect to owe ~$10k in tax on the year 2014 (at least as of right now based on current withholdings). I'm in safe harbor for this year since I'll have withheld more than 2013 line 61 on the 1040, so I don't need to worry about timing differences.

So, quick question:

I have a fair number of $500 vanilla visas I can liquidate, plus more I can acquire with BCP after December,  plus a planned app o rama. Can I pay most of that 10k via estimated tax by Q4 2014? Is there anything on choicepay or the other tax paying sites preventing you from making lots of ~$497 in Q4 2014? As far as I can tell, simply filing the return owing $10k isn't the best idea since I'm not sure you can split it into a dozen credit cards at that point.

 

rated:
I applied for chase southwest plus card (69$ annual fee) over the phone last night. They said I will know the decision in a week. I got an invitation for premier card (99$ annual fee); both with 50K bonus miles. I would like to apply for the premier card online. I applied for plus card last night. How long do I wait before trying the premier card online. What should I tell them if they ask why I need two cards?

Why I need two cards?
I am trying to get companion pass.

sorry for posting in two threads simultaneously. Trying to know sooner than later.

rated:
My local credit union offers a really nice quarterly member reward program but one of the requirements is that you must have at least 1 direct deposit to your account every 6 months. The problem is that I am no longer employed by a company that offers direct deposit so I am no longer receiving the quarterly dividend. Are there any companies that exist that will make a direct deposit to your bank account for a fee? I didn't have any luck finding anything like this by searching the web.

rated:
QwertyOc said:   My local credit union offers a really nice quarterly member reward program but one of the requirements is that you must have at least 1 direct deposit to your account every 6 months. The problem is that I am no longer employed by a company that offers direct deposit so I am no longer receiving the quarterly dividend. Are there any companies that exist that will make a direct deposit to your bank account for a fee? I didn't have any luck finding anything like this by searching the web.
  Usually any ACH will work to fulfill direct deposit requirements.

rated:
I've a good income, absurdly high credit rating given my bad habits (810 according to Discover), and about $20K fixed 2.99% Chase credit card debit ($38K initially) spread over Amazon Business, Amazon regular, and one of the Freedom cards.  I've never worried about "hard pulls" on my credit because I never planned on doing any kind of App-o-ramma (tried once, but no discipline).  I just grabbed at every $50 plus credit card application that came around.  I was recently rejected for the Amazon "IT" card and didn't think anything about it (I have several unused Discover Cards), until I was rejected by USBank for a Club Carlson bonus card (I only have one unused USBank card w/$25K limit).  Both rejections said the reason was too many credit applications using this SSAN.  Any idea on how long I'll be in the penalty box?  Should I prune some cards?  Chase limited me to a total of $50K credit line a couple of years ago, and I've noticed that they've been ratcheting my limits down over time.  Has anyone come out on the other side of a similar situation?  
FatGene         

rated:
Too many applications probably means too many inquiries? Get your credit reports to figure it out, or write down all your recent application dates. Inquiries become less important after 6 months, but take 1 or 2 years to fall off, depending on CRA.

Pruning could be useful if the reason is "too much available credit" or "too many open accounts" or something along those lines.

rated:
stanolshefski said:   
QwertyOc said:   My local credit union offers a really nice quarterly member reward program but one of the requirements is that you must have at least 1 direct deposit to your account every 6 months. The problem is that I am no longer employed by a company that offers direct deposit so I am no longer receiving the quarterly dividend. Are there any companies that exist that will make a direct deposit to your bank account for a fee? I didn't have any luck finding anything like this by searching the web.
  Usually any ACH will work to fulfill direct deposit requirements.

  Thanks for the tip. I hadn't thought about that. Would setting up the bank account on my Paypal account and withdrawing money to the account work as an ACH?

rated:
Yes, paypal withdrawal is an ACH transaction.

rated:
For Santander's Extra20 promotion, they require a $1500 direct deposit. Because of various deductions, I don't have a real direct deposit from my employer for that much money. 

What other sources can I use that would also work to fulfill their direct deposit requirements?

I have available: Ally Checking, Bank of America checking, PayPal, E-Trade /Fidelity/TDA Ameritrade brokerage accounts, and I was thinking about getting an Alliant Credit Union account as people have been raving about transfer speeds.

Moderator Comment: Please be sure the links you provide are the most direct possible. Thanks! — Oct. 5, 2014 @ 7:10pm
rated:
Can you bill pay yourself (to another account) with Santander's Extra20 account?

rated:
rebelx said:   Can you bill pay yourself (to another account) with Santander's Extra20 account?
  Probably, but that bill pay would come in the form of a check to you -- not an ACH.

rated:
stanolshefski said:   
rebelx said:   Can you bill pay yourself (to another account) with Santander's Extra20 account?
  Probably, but that bill pay would come in the form of a check to you -- not an ACH.

  Good point-- looks like I'd have to use it to pay CC and cell phone bills then to get the bonus. 

rated:
Hi All,
Can anyone please point me to the best place to find comparisons on the best trading site to use?  Any 101 courses for trading ETFs, bonds, stocks, funds?
Thanks!

rated:
food1313 said:   Hi All,
Can anyone please point me to the best place to find comparisons on the best trading site to use?  Any 101 courses for trading ETFs, bonds, stocks, funds?
Thanks!

  If you want to take this on, start with "Rick Trader, New Trader" which is a short book with links to many other books.  Understand that vast majority of casual trader lose $ in the long term, including people who are much smarter and dedicated than you are.

rated:
ZenNUTS said:   
food1313 said:   Hi All,
Can anyone please point me to the best place to find comparisons on the best trading site to use?  Any 101 courses for trading ETFs, bonds, stocks, funds?
Thanks!

  If you want to take this on, start with "Rick Trader, New Trader" which is a short book with links to many other books.  Understand that vast majority of casual trader lose $ in the long term, including people who are much smarter and dedicated than you are.

  
Thanks, I am not looking to day-trade or anything like that.  Just have my money sit in ETFs or mutual funds, with a little stock-play on the side.  Am I still more likely to lose money?

rated:
food1313 said:   
My opinion below, based on experience, take for what's it worth.

What you are suggestion is actually what majority of people do.  That is, they hear something about some company, they spend some time on the net doing the research, they buy a few stocks, they tell their friend if it goes up a lot, keep quiet if it goes down a lot.  Eventually, it just sit in the account till they need $ for something.

Don't do that.

Stay with dollar cost averaging into an index fund (investing) or jump in full board to trade.  Learn the difference between trading and investing.  Dabbling in the market is worst possible way to accumulate wealth, and sadly, it's how a lot people handle the stock market.

rated:
ZenNUTS said:   
food1313 said:   
 

My opinion below, based on experience, take for what's it worth.

What you are suggestion is actually what majority of people do.  That is, they hear something about some company, they spend some time on the net doing the research, they buy a few stocks, they tell their friend if it goes up a lot, keep quiet if it goes down a lot.  Eventually, it just sit in the account till they need $ for something.

Don't do that.

Stay with dollar cost averaging into an index fund (investing) or jump in full board to trade.  Learn the difference between trading and investing.  Dabbling in the market is worst possible way to accumulate wealth, and sadly, it's how a lot people handle the stock market.

  Thanks, how about if I don't trade at all and I would only like to invest in index funds. Can you please recommend any 101 materials?  I am much more interested in investing than trading per your definitions.

rated:
food1313 said:   
ZenNUTS said:   
food1313 said:   
 

My opinion below, based on experience, take for what's it worth.

What you are suggestion is actually what majority of people do.  That is, they hear something about some company, they spend some time on the net doing the research, they buy a few stocks, they tell their friend if it goes up a lot, keep quiet if it goes down a lot.  Eventually, it just sit in the account till they need $ for something.

Don't do that.

Stay with dollar cost averaging into an index fund (investing) or jump in full board to trade.  Learn the difference between trading and investing.  Dabbling in the market is worst possible way to accumulate wealth, and sadly, it's how a lot people handle the stock market.

  Thanks, how about if I don't trade at all and I would only like to invest in index funds. Can you please recommend any 101 materials?  I am much more interested in investing than trading per your definitions.

http://www.bogleheads.org/wiki/Lazy_portfolios 

rated:
I'm Fraser in the game.

i wonder why would one want to deal with CD's while online savings bank ?

rated:
Maybe we're all just tossed salads and scrambled eggs.

Or it could be that 5 year CDs are yielding 2.3% while "online savings bank," which I assume you mean some kind of savings account, either yields around 1-1.25% or is a reward checking account with a cap of about 10-15k and has a bunch of hoops to jump through for roughly the same yield. You'll get better answers if you type in a complete question.

rated:
I currently have AMEX Blue Sky and was recently approved for Blue Cash Everyday.  My BS credit limit was $11.5k.  I rec'd a letter saying that I was approved for BCE, and after reviewing my usage, they allocated some of my BS credit to BCE.  BS was changed to $6.3K and BCE is $19K.

Why would they cut my BS limit in half, but give me a fairly high limit on BCE?  Why wouldn't they leave BS alone and give me $10K - $14K on BCE?  Granted, I don't think I've spent more than 10 - 15% of the previous BS limit.

rated:
NoMoney -- I'm guessing they have a computer sitting somewhere in Bangalore that told them they could make more money if they gave you those limits. It may be right or wrong.

You can wait a while (I'm thinking 60 days -- you can Google it) and then move the CLs as you like.

rated:
That is weird. But you can call AMEX and just reallocate your limits however you want. If you want a higher limit on the BS that shouldn't be a problem

rated:
I probably didn't search hard enough for the answer, but anyone know whether or not you keep credit card insurance benefits if you use your cc thru paypal for a purchase?

I am guessing that you lose cc purchase protection when using cc on paypal

  • Quick Reply:  Have something quick to contribute? Just reply below and you're done! hide Quick Reply
     
    Click here for full-featured reply.
  • 1224225226227 228
  • Page


Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.

Thanks for visiting FatWallet.com. Join for free to remove this ad.

TRUSTe online privacy certification

While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2014