Fatwallet.com Finance Our Mission - Serve consumers with knowledge, value and guidance. https://www.fatwallet.comhttps://static-forums.fatwallet.com/static/i/spacer.gifFatWallet.comhttps://www.fatwallet.com <![CDATA[Any collectors here?]]> https://www.fatwallet.com/forums/finance/1569388

Rating: 0 Posted By: surferb
Views: 165 Replies: 8

At serious risk of being flames sprained... Does anyone here collect anything of significant value? There are always better uses for money, but wondering if anyone from this financially saavy group has a hobby (or business, I suppose) collecting stuff (antiques, coins, stamps, cars, etc). Seems better than drinking.

Budget advice? Collecting interests?
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https://www.fatwallet.com/forums/finance/1569388 Tue, 23 May 2017 19:04:07 -0500
<![CDATA[Residents of NY, BethPage $100 Checking Bonus]]> https://www.fatwallet.com/forums/finance/1569384

Rating: 1 Posted By: Fatgirl94
Views: 113 Replies: 0

Residents in New York can earn a $100 checking bonus from BethPage Federal Credit Union by opening a new checking account and meeting certain requirements.Bonus Requirements 1. Earn up to $100 when initiating direct deposit with your new Bethpage account.

  1. Direct Deposit must be initiated within 3 months of Bethpage Bonus Checking account open date.
  2. Initial direct deposits of over $100 will be considered a full direct deposit, and will be accredited $100 to the Bethpage Bonus.
  3. Checking account on the next business day after initial deposit Initial direct deposits of $25-$99 will be considered a partial direct deposit, and will be accredited $25 to the Bethpage Bonus Checking account on the next business day after initial deposit
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https://www.fatwallet.com/forums/finance/1569384 Tue, 23 May 2017 17:13:13 -0500
<![CDATA[non resident allien wire money from his overseas bank account to his us bank account]]> https://www.fatwallet.com/forums/finance/1569373

Rating: 0 Posted By: acus0
Views: 201 Replies: 6

Hello,

Father is a non resident alien and he has bank account both in america and in China. he has a property here in US and he rents it out, he spends 5 months in US, 7 months in China. he file tax return for his rental property, he doesn't have social security number. however he does have an ITIN

Question
If he wire the funds from his China bank to US bank for less than 100,000, does he need to report to IRS?
He wires the funds from his China Bank to US bank for over than 100,000, need to report to IRS?
If one day he gets a green card and becomes resident in US, Will anything change on the balance in his us bank account?

Thank you
J
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https://www.fatwallet.com/forums/finance/1569373 Tue, 23 May 2017 16:04:44 -0500
<![CDATA[Ally Offering Brokerage/Stock account & Robo investing ..]]> https://www.fatwallet.com/forums/finance/1569368

Rating: 0 Posted By: prozario
Views: 209 Replies: 1

Ally Offering Brokerage/Stock account & Robo investing .. just got the email. About $5 to trade stocks, and Robo Investing is .30% commission. Did a quick check and they offer ishares ETFs for robo investing. Seems pretty competitive. Might be good for people who already has ally account. I find their website/interface to be really nice/clean & easy to use.
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https://www.fatwallet.com/forums/finance/1569368 Tue, 23 May 2017 15:12:00 -0500
<![CDATA[Guesstimate my liability on an ebay laptop purchase?]]> https://www.fatwallet.com/forums/finance/1569363

Rating: 0 Posted By: starcastic
Views: 430 Replies: 23

I've always gotten some good feedback here and thought I might toss this out since the online auction forum is pretty desolate. Just wanted to see if I am missing any potential angles here.

Looking to buy a laptop and have found an eBay listing for one, listed as new, with a buy-it-now price a bit more than an almost the same spec version refurb. However, I'll have to pay a couple hundred in tax buying directly from Apple, which puts me above the limit I've set for myself. Seller only has a handful of transactions over the last 5 or 6 years (but then so do I), does NOT accept returns (not really shocking if he's just an infrequent/casual seller), accepts PayPal. I'd of course pay by credit card.

Seller doesn't accept messages, however, so I can't ask for the serial number like I ordinarily do. Am I wrong, or correct that my liability _should_ be pretty limited here, between Paypal and my USAA card? I've luckily had great luck with Paypal/eBay over the years and never had to dispute anything, but if it arrives new as listed but the serial isn't eligible for warranty/Applecare for some reason (fell off a truck, etc) is that sufficient to count as SNAD?
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https://www.fatwallet.com/forums/finance/1569363 Tue, 23 May 2017 14:40:10 -0500
<![CDATA[Transferwise Borderless Account]]> https://www.fatwallet.com/forums/finance/1569355

Rating: 2 Posted By: GermanExpat
Views: 386 Replies: 2

Transferwise is now offering a 'borderless' account.

https://transferwise.com/borderless?utm_medium=email&utm_source=...

It allows you to have local account details for Euro, GBP and USD and allows you to manage and hold money in 15 currencies. Same fees to move money to a different currency then they have for their regular transfer except no minimums. Some fees to get the money out of the account dependent on country. Transfer out works to more then 50 countries.

I have currently accounts in 3 different countries / currencies so this could be useful. Disadvantage is though you can't really use it as a checking account with their outbound fees. So not really useful as a checking account but they are looking more at businesses and freelancers. Maybe somebody else has usage for it.

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https://www.fatwallet.com/forums/finance/1569355 Tue, 23 May 2017 13:18:54 -0500
<![CDATA[Thought moving in with a roommate would save money, but...]]> https://www.fatwallet.com/forums/finance/1569353

Rating: -8 Posted By: Gauss44
Views: 580 Replies: 19

I have a roommate from hell. Her mother has been living in our living room for almost a month and is using it for a bedroom. Roommate kicks me out of every room but my bedroom, as she has claimed the living room as her mother's bedroom and a storage room as her cat's room, and threatens to "call the police" if I use those rooms. She has also claimed many of my belongings and tells me that I cannot touch them or she will "call the police." There is an encouraged arrest policy in our area so if anyone calls about what sounds like domestic violence, we may both get arrested.

She also said that she plans to move my belongings out of the common areas of the house and either stuff them all into my room, put them in a basement that floods regularly, or just put them on the street, completely against my will. In fact, she's even ordered new furniture, some of which just arrived today, to take up the space that my belongings currently occupy. Her rule is that I cannot sit on, put my belongings on, or use anything that belongs to her...

Right now I cannot afford to hire movers since I'm in school full time (but not in a program so not protected by the university), cannot drive, and do not know anyone who does. I am outgunned... Believe it or not, my roommate is a fifty-year-old social worker and the landlord is an attorney who is also hooked on drugs. I am over 20 years younger. They seemed great when I met them, but now things are way out of control. Landlord loves my roommate and has informed me that if I make my roommate mad, roommate will lie to the police and say I did something wrong and there will be nothing I can do about it. And my roommate has also claimed many of my belongings and tells me that I cannot touch them or she will "call the police." Its beyond frustrating how she's misusing the law, but I guess I'm stuck.

I live in Boston. If you have any idea what I can legally do about this, please let me know. Or if you know of any organization that could help, please let me know.

FYI -
THE HISTORY:
For full disclosure,yes the last two places I rented were duds, but I had no housemates in those places. Actually two places ago (apartment before last, the basement apartment), was a great place for over a year (besides centipedes and mice which I tolerated), but then that changed due to a boiler malfunction as the boiler room was next to my studio apartment and there were lots of holes in the wall, etc. I later found out why that landlord didn't want to make a repair - landlord was in the process of selling the building and it has sense been remodeled into office buildings. In the case of that building, the fire department even concluded that there was a heating oil leak. It was too much trouble trying to get my landlord to make the repair, so I just moved.

Last place, before this one (the attic apartment), had serious repair issues as well, but different ones. And I found out why that "landlord" didn't want to make repairs: That "landlord" turned out not to own the building at all! I was notified by a real estate company that they bought the apartment I had been living in some time ago. The guy renting to me turned out to be the brother of the previous owner that passed away. He's doing community service now and got in trouble for collecting rent from me and the other "tenant" and posing as a landlord for a building he didn't own.

Given all the issues, I thought that moving in with a roommate was an excellent choice: If there were serious repair issues like in my last 2 places, there would be someone else right here to witness those and help me solve problems. Also, I thought that I would be able to afford a better place if I shared. (For the record, I have had some excellent living situations with roommates in the past, but I guess now I'm thinking it's hit or miss. My current opinion is that you cannot tell what a person is going to be like to live with from just meeting them a couple times. I'm thinking it's always a gamble.)
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https://www.fatwallet.com/forums/finance/1569353 Tue, 23 May 2017 13:12:36 -0500
<![CDATA[Capital One to limit P2P transfers - "up to their discretion"]]> https://www.fatwallet.com/forums/finance/1569262

Rating: 0 Posted By: maxfleischer
Views: 504 Replies: 2

From the email:

"In June, well update the Person2Person (P2P) Payments transfer limits in the Electronic Funds Transfer (EFT) section of your checking account disclosure.

Heres the scoop:

  • Currently,outbound transfers (payments sent from your account) are capped at $2,000 a day, up to a total of $10,000 over a 30-day period. There is no cap on the amount of money that can be sent to your account.
  • Starting in June,limits on transfers to and from your account will be up to our discretion. These limits are designed to be flexible to help improve the security of your service.

Heres the new fine print:
P2P Payments is subject to limits on the amount and frequency of transfers to and from your account. These limits are designed to be flexible in order to protect the security and integrity of the Service and accounts, including protecting you and all other participants of the Service. These limitations may be based on confidential fraud and risk criteria that are essential to our management of risk and the protection of you and the integrity of the Service, and may be modified at our sole discretion without advance notice."
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https://www.fatwallet.com/forums/finance/1569262 Mon, 22 May 2017 20:47:37 -0500
<![CDATA[FW Exclusive! Money Magazine $7.99 per year @ DiscountMags]]> https://www.fatwallet.com/forums/finance/1569256

Rating: 0 Posted By: Llilith
Views: 341 Replies: 0

Hi Finance People

Last week we brought you Kiplinger's Magazine at the FW exclusive price of $5.99 per year.We were able to negotiate a deal on Monday Magazine for this week:

Money Magazine $7.99 per yearw/code FATWALLET (exp 5/29)
Order up to 2 years at this price
Was $14.95
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https://www.fatwallet.com/forums/finance/1569256 Mon, 22 May 2017 19:22:44 -0500
<![CDATA[Lease verbiage - plumbing responsibility]]> https://www.fatwallet.com/forums/finance/1569223

Rating: 1 Posted By: BenH
Views: 1270 Replies: 40

Asking because I know we have a lot of landlords here:

The kitchen sink in my rental home has some sort of a problem with it. After about 2 minutes of running water it begins to back up (it's a double sink with a disposal and it backs up into both sinks regardless of which side fills). I'm pretty careful about how we use the sink. Nothing ever goes down the one side (we have a drying rack there and a drain plug in). The other side has the disposal and we are pretty careful with how we use it.

I only state these above, not to ask for plumbing help, but to evidence that I don't believe we have done anything outside or normal, responsible use of the sink.

I looked in my lease and it has the following statement:

"Tenant shall be responsible for all routine maintenance including, but not limited to, stoppage of sewer because of misuse, broken water pipes/fixtures due to neglect or carelessness of Tenant, and replacement of any burned out light bulbs. Tenant understands that they, at their expense, shall keep sinks, lavatories, and commodes open unless stoppage is due to defective sewer systems. Tenant shall report any water leaks to Owner."

Reading the above it sounds like a pretty big catch all...that I'm responsible for most anything. My concern is that this problem only appeared to start happening in the last week or so - after we have had many day of heavy rain. To me, based on what I have seen and my known usage - it might be some sort of drainage problem. In this case who is responsible?

If I call a plumber myself and they come and tell me there is an issue with the sewer/drainage, then I shouldn't have to pay. But might my landlord refuse to pay because I got my own plumber?
Alternatively, why should I have to use my landlord's plumber - especially if I think their rates are too high?
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https://www.fatwallet.com/forums/finance/1569223 Mon, 22 May 2017 14:27:07 -0500
<![CDATA[Buying/Selling a home..Need advice]]> https://www.fatwallet.com/forums/finance/1569202

Rating: 0 Posted By: DesiVibe
Views: 915 Replies: 25

I am under contract for my house where the buyers are closing on July 7th. Inspection has been done and the buyers do not want anything, appraisal was done a week ago and we haven't heard anything so I am assuming it went ok. I have requested my agent to follow up and see where the buyers are and make sure all is in place for the close. I am negotiating an offer for a house to close on July 10th and all signs point to the offer being accepted. Unfortunately I cannot close on the new house July 7th since my wife needs to be at the close and she is traveling on July 7th. We can sell our place on July 7th by giving my real estate agent the power of attorney.

We had the following questions where I could use help.
1. We have a lot of stuff. We are moving from a 3 bedroom to a 4 bedroom house. Since there is a 3 day difference, should we rent a pod, have them pick it up a few days before closing and drop it off once we close? I have a lot of the smaller stuff in storage already. We are moving 10 miles away so its not too far. Rent a hotel for a few days. We have family/friends but living with them creates a super long commute for both me and my wife.
2. Ask the buyer of my place if we can rent the current house from them for a week. That would give time for me to move everything over. My agent recommends against it saying buyers get picky over condition if they rent to you and can hold money.
3. Ask the seller if they would rent the place to us for a week before we close. Their agent says they are moving out at the end of June.
4. Any other options????
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https://www.fatwallet.com/forums/finance/1569202 Mon, 22 May 2017 11:27:03 -0500
<![CDATA[Help with a DMV, Tax office Issue]]> https://www.fatwallet.com/forums/finance/1569175

Rating: 2 Posted By: red72814
Views: 1706 Replies: 36

My daughter and I recently went to the tax office to renew the registration on her car (registered in mine and my soon to be ex husbands names) the car is awarded to her pending the final decree. BUT the tax office informed us that their documentation shows my husband sold the car $2500. They couldn't give us any other information, but instead a number at the DMV to call.....that number just gives me the go around. So now my daughter can't get the registration renewed or even drive it... NOTHING, it sits in her garage. My A** of an attorney is no help, I have no clue what to do to help my daughter, she needs her car to get to work. Any help, leads, ideas???? Please and thanks in advance!! Oh and FYI, my husband and I gave this car to my daughter over 5 years ago and she has the unsigned title to her car.
This is in Texas.
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https://www.fatwallet.com/forums/finance/1569175 Mon, 22 May 2017 08:50:42 -0500
<![CDATA[Best tax filing software that imports data]]> https://www.fatwallet.com/forums/finance/1569162

Rating: 0 Posted By: salilsurendran
Views: 338 Replies: 0

Hello,
I was wondering what would be the best software that imports w2 data and also investment data from sites like ETrade etc.? I think only TurboTax does this. Are there any other software? What is it's cost?
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https://www.fatwallet.com/forums/finance/1569162 Mon, 22 May 2017 06:40:31 -0500
<![CDATA[Paying mortgage with 3rd party]]> https://www.fatwallet.com/forums/finance/1569079

Rating: 0 Posted By: lodak008
Views: 871 Replies: 6

guys - anybody got experience with services like chargesmart or tio.com to pay the monthly mortgage to your bank using credit cards

thanks
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https://www.fatwallet.com/forums/finance/1569079 Sun, 21 May 2017 08:23:48 -0500
<![CDATA[The Forbes Fintech 50]]> https://www.fatwallet.com/forums/finance/1569076

Rating: 1 Posted By: shinobi1
Views: 1153 Replies: 3

This is a good compendium of companies in the fintech world. It is worth reading the short description of each company provided (click on arrows at bottom to view completely).

Have to admit I was unaware prior of most of these companies. If you are using the services of any of them, or if you know about any of them for other reasons, your comments would be most welcome:

The Forbes Fintech 50

Note:

If you happen to be unfamiliar with fintech, go here:

Fintech

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https://www.fatwallet.com/forums/finance/1569076 Sun, 21 May 2017 07:06:56 -0500
<![CDATA[Wanted Insight about Insight debit card - 5% Savings account]]> https://www.fatwallet.com/forums/finance/1569049

Rating: 0 Posted By: JW10
Views: 934 Replies: 7

I was in a mood and signed up for an Insight debit card (related or serviced by Green Dot)tied into a 4.88% APY savings account handled by Republic Bank in Chicago. up to $5000.00. Apparently the Insight Card just changed banks to Republic Bank.
The depositsare FDIC insured.Looking the fee structure over, I am not so sure it will be a net gain. Have any of you guys done this.

I am financially well banked; good FICO; and like many of us too many paid off credit cards. The only true attraction to me was the savings account.

http://www.doctorofcredit.com/insight-5-apy-prepaid-card-5000/
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https://www.fatwallet.com/forums/finance/1569049 Sat, 20 May 2017 15:37:47 -0500
<![CDATA[Hair Stylist Pay W2]]> https://www.fatwallet.com/forums/finance/1569037

Rating: 0 Posted By: Phenomix
Views: 1398 Replies: 38

My significant other works in a commissioned based (salon takes 45% she gets 55%) hair salon. The owner does not pay a hourly wage.

Stylists are required to be there from 9-6am and cannot leave even if they have no clients.
Ex: a color process takes 2.5hrs. If the client cancels, they are required to stay and clean or do duties. This especially trouble if it happens at the end of the day.
The owner also routinely schedules meetings on sundays with no pay.

No paid Vacation, and no other benefits however they are W2. I don't think this is a great place to work but I am getting comments back like "this is how this business is" or "this is how the top salons do it" etc.

Is this legal? The state is SC. If this has been going on is there any recourse? How is this different than a waiter?
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https://www.fatwallet.com/forums/finance/1569037 Sat, 20 May 2017 12:13:09 -0500
<![CDATA[Hospital Sent My Bill Paid by Credit Card to Collections]]> https://www.fatwallet.com/forums/finance/1568974

Rating: 6 Posted By: ThiftySpender
Views: 1870 Replies: 16

Hello FWF Community,

I am hoping that you can provide me some advice on what to do here. Is there anyone I can contact to get this fixed short of an attorney or suing them myself.

Short Version - The Hospital Sent My Bill Paid by Credit Card to Collections and I'm at a loss of what to do about it. Does anyone have any advice on what actions I can take?

Long Version - The Hospitalbilled me in November 2016 for my copay of $1000. I paid the bill online with my Chase credit card. A few days later, I look at my online Chase account and I see that the Hospital billed me twice for the $1000.00 Hospital did not respond to phone calls or e-mails for over a week so I initiated a dispute with the credit card company. Chase does a temporary chargeback. Hospital finally gets back to me via e-mail and says they will refund the money. I tell credit card company to drop the dispute and they tell me to wait for it to play out.

Fast forward to January and Chase finishes their chargeback investigation and tells me that they have not accepted the chargeback because the merchant corrected the error. Fast forward to late March, I get a bill from the hospital telling me I owe them money again because of chargeback. I told them that Chase paid them their moneyand provided them with a copy of my statements along with the date of the chargeback reversal transaction as well as the Credit Card reference number of the chargeback reversal. I alsoask the hospital what their credit card receipt records show. They ignore my question and my documentation and won't look at or tell me what their credit card processing systems say in terms of whether they received payment. I also ask Chase to look into this.

Chase gets back to me and two weeks ago Itry to do a three way call with Chase and the Hospital and the hospital tells me that they need me to tell them the exact account number the money went into. Chase says that will take some more time to research. While I am waiting for Chase to get back to me, Hospital sends my account to a third party collections agency and I'm now concerned about my credit and the additional new mess I will need to clean up. I am also livid at the hospital for sending the account to collections soquickly when they can see that we are trying to get this resolved.

My best guess as to what happened is that the chargeback reversal where Chase sent the funds back to the hospital wasnever credited to my hospital account. And Ican't get anyone at the hospital tobother to look into theircredit card processing systems to see whether it was received.

Obviously, if the collections agency messs up, I'm going to go all CodeName47 on them, but what to do about the hospital and cleaning up the underlying payment, I'm at a loss of where to go from here. The hospital will no longer talk to me; they told me the account is with collections when I last called.

Any advice is greatly appreciated.

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https://www.fatwallet.com/forums/finance/1568974 Fri, 19 May 2017 16:41:31 -0500
<![CDATA[Wells Fargo $150 Checking Bonus (participating locations Only)]]> https://www.fatwallet.com/forums/finance/1568966

Rating: 0 Posted By: marcopolomle
Views: 852 Replies: 7

Link

Receive a sign up bonus of $150 when you open a new checking account with Wells Fago and within 60 days complete both of the following two requirements:
1. Make 10 debit card purchases/payments.
2. Make two purchases that total at least $10 using the Wells Fargo Debit Card loaded to your mobile wallet.
Wells Fargo said: Eligibility:
Everyday Checking is the only eligible account for the offer.
You cannot be:
A current owner on a Wells Fargo consumer checking account A Wells Fargo team member
A recipient of a consumer checking bonus in the past 12 months (limit 1 bonus per customer)
Bonus Qualifications: Open a new Everyday Checking account in a participating branch or online with a minimum opening deposit of $25 (not including the bonus) by September 15, 2017. Within 60 days of account opening, make 10 purchases/ payments with your new Wells Fargo Debit Card AND make 2 purchases totaling at least $10 with the Wells Fargo Debit Card loaded to your mobile wallet. The 10 debit card purchases/payments must be from the primary linked consumer checking account opened for this offer. Purchases or payments made with your debit card, or debit card number, count as a debit card purchase/payment. Transactions at an ATM or purchases/payments made using your checking account number and routing transit number through the Automated Clearing House (ACH) do not count as a debit card purchase/payment. The 2 debit card purchases with the mobile wallet must be a cumulative of at least $10 and are in addition to the 10 purchases/payments with your Wells Fargo Debit Card. The mobile wallet purchases can be made with Wells Fargo Wallet for Android, Android Pay, Apple Pay or SamsungPay
Offer subject to change and may be discontinued at any time.
Offer available only in the following participating locations (branch and online): Atlanta, GA; Austin, TX; Boise, ID; Charlotte, NC; Colorado Springs, CO; Columbus, GA; Denver, CO; Fresno-Visalia, CA; Ft. Wayne, IN; Greensboro, NC; Greenville, NC; Greenville, SC-NC; Harrisburg, PA; Hartford & New Haven, CT; Jacksonville, FL; Las Vegas, NV; Minneapolis-St. Paul, MN; Monterey-Salinas, CA; Norfolk, VA; Omaha, NE; Philadelphia, PA; Phoenix, AZ; Reno, NV; Richmond-Petersburg, VA; Roanoke-Lynchburg, VA; Sacramento, CA; Salt Lake City, UT; Seattle-Tacoma, WA; Spokane, WA; W. Palm Beach, FL.




Thanks DoC
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https://www.fatwallet.com/forums/finance/1568966 Fri, 19 May 2017 15:01:39 -0500
<![CDATA[Financial Accounts and Virtual Assistants]]> https://www.fatwallet.com/forums/finance/1568866

Rating: 0 Posted By: drmanish
Views: 1061 Replies: 8

I was wondering, for those of you who have virtual assistants, do you give them access to your financial accounts? How much information do you give them? Do you feel comfortable giving them your financial information when you're paying the assistant pretty low rates?

For those that have virtual assistants in and outside your own country, are your answers different for your country/outside based VAs? (Reason I'm putting it that way is due to ease of enforcing contracts, risk of IP address differences freaking out the banks, etc.)
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https://www.fatwallet.com/forums/finance/1568866 Thu, 18 May 2017 18:41:45 -0500
<![CDATA[Taking paypal to small claims]]> https://www.fatwallet.com/forums/finance/1568849

Rating: -2 Posted By: ben93
Views: 1532 Replies: 19

Hello,

I'd like to take paypal to small claims for violating the purchase protection guarantee. I received a coat that was clearly not as described. It was supposed to be and extra small, but arrived with measurements that correspond to a large of that make and model. Paypal shut down my dispute and won't tell me why. I'd like to take this to a judge. I'm in NYC. Anyone know if it's possible?

Ben
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https://www.fatwallet.com/forums/finance/1568849 Thu, 18 May 2017 15:50:15 -0500
<![CDATA[Bluebird account about to be closed - Should I keep it open?]]> https://www.fatwallet.com/forums/finance/1568791

Rating: 1 Posted By: meade18
Views: 1062 Replies: 8

Amex just sent me an email saying my Bluebird card account is going to be closed because it has a zero balance and hasn't been used in a year. I signed up for a bluebird card back in 2014 during a promo where you would get extra money from Walmart Savings Catcher if you had the money sent to a Bluebird card. I can't remember the last time I used the card. I can't remember the last time I used Walmart Savings Catcher, so I have no idea how much easier it is to get that money if I have a Bluebird card. I don't do much manufactured spend (MS), but if I need to do some MS in the future, I would like to keep the Bluebird card around if it is useful for that purpose (but I have no idea if it is). I have no idea what else it might be useful for. For all I know, it's better for something that I'm already doing and I didn't know I should be using it.

Should I add some money to the card to keep it open, or is it nothing special and it's no big deal if I let them close it? Is there anything I am missing out on right now by not using it. We spend about $50 per month at Walmart on the random household odds and ends. It's not our regular grocery store.
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https://www.fatwallet.com/forums/finance/1568791 Thu, 18 May 2017 10:03:58 -0500
<![CDATA[What are rules on withdrawing money from 401k?]]> https://www.fatwallet.com/forums/finance/1568674

Rating: 4 Posted By: nycdarts
Views: 2584 Replies: 34

My company is closing. I am 71 years old and will be retiring. I'm looking for the lest expensive way to take money out of 401k, about 60k total. Don't want to do it all at once and get killed in taxes. I only get SS each month of 2500 between me and wife. Can I take like $500 or $1000 a month until it's gone. I'm thinking of buying a house, will that help? Most of the sites I've looked at don't seem to be very helpful about this. Thanks.
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https://www.fatwallet.com/forums/finance/1568674 Wed, 17 May 2017 15:25:19 -0500
<![CDATA[Auto Loan borrowers gaming Credit Scores]]> https://www.fatwallet.com/forums/finance/1568673

Rating: 0 Posted By: javaman2003
Views: 971 Replies: 3

Bloomberg article

I doubt this article.
Gist of the article is that:
Auto lenders have loosened credit standards but average Credit score is rising. Hence average consumer should be gaming the system or outright fraud.

Can the collective get intelligent and diligent in a span of 10yrs? Basically since the 2009, Credit Scores are rising for auto credit.

or May be savings rate for economy as a whole gone up since 2009?

Your thoughts?
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https://www.fatwallet.com/forums/finance/1568673 Wed, 17 May 2017 15:17:22 -0500
<![CDATA[Pondering a move to the NE]]> https://www.fatwallet.com/forums/finance/1568653

Rating: 1 Posted By: ICMATULKASPRMKY
Views: 3676 Replies: 158

We live in Austin, TX and wife is interested in moving back to the NE for a new job opportunity. I have never lived in this part of the country, but i'm already seeing that the cost of living is horrendous compared to where we currently are. Any recommendations on cities to look at..im interested in Boston or nearby.
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https://www.fatwallet.com/forums/finance/1568653 Wed, 17 May 2017 12:08:27 -0500
<![CDATA[Two Major Credit Reporting Agencies Have Been Lying to Consumers (Equifax and Transunion)]]> https://www.fatwallet.com/forums/finance/1568605

Rating: 8 Posted By: ElephantNest
Views: 3755 Replies: 23

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https://www.fatwallet.com/forums/finance/1568605 Wed, 17 May 2017 07:11:12 -0500
<![CDATA[Stagflation brought an end to Bretton Woods]]> https://www.fatwallet.com/forums/finance/1568597

Rating: -3 Posted By: shinobi1
Views: 874 Replies: 5

The arrangement brought forth at Bretton Woods, NH, in 1944 set the value of our US dollar at 1/35 ounce of gold. Is that difficult to imagine, or what!

FDR's welcome (scroll down)

Bretton Woods System and 1944 Agreement

But not thirty years later it all came apart at the seams as stagflation viciously tore into the USA and Nixon and the Fed were unable to cope. Those stagflation years were among the most difficult economically for America and for many of us personally.

Stagflation

Nixon's revaluation of the dollar "all the way down" to "just" 1/42 ounce of gold is especially noteworthy. I dearly wish each dollar I posses today had the purchasing power of 1/42 ounce of gold. I would be rich almost beyond my ability to imagine!!
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https://www.fatwallet.com/forums/finance/1568597 Wed, 17 May 2017 06:06:51 -0500
<![CDATA[How long do Penfed appraisals usually take? ]]> https://www.fatwallet.com/forums/finance/1568501

Rating: 0 Posted By: kjl1977
Views: 1037 Replies: 12

Going through the process with PenFed and am wondering if I should be worried. Had the appraisal on the house we are buying about 8 days ago. Appraiser submitted the appraisal a few days ago and it has been in 'review' ever since. Seller's party and their relocation company are getting nervous. Is this a normal thing for Penfed?
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https://www.fatwallet.com/forums/finance/1568501 Tue, 16 May 2017 17:07:30 -0500
<![CDATA[Rich retirees are hoarding their fortunes]]> https://www.fatwallet.com/forums/finance/1568425

Rating: -35 Posted By: shinobi1
Views: 4172 Replies: 171

If wealthy retired people spent freely within their ability to spend it would help younger people by providing them more jobs, higher incomes, and better lives. But the rich retired are not spending as they have in the past. Meanwhile even poorer working young people are paying so the rich retired skinflints can collect Social Security as they simultaneously stockpile their money instead of spending:

Retired people guilty of hoarding their money

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https://www.fatwallet.com/forums/finance/1568425 Tue, 16 May 2017 10:12:13 -0500
<![CDATA[Hail damage, insurance claim approval amount very low]]> https://www.fatwallet.com/forums/finance/1568422

Rating: 0 Posted By: gangt
Views: 1171 Replies: 8

Most of the houses in my neighborhood had hail damage. All of them got a big check from their insurance. My insurance sent me a check which is way lower than my neighbors'.
The only difference between them and mine is that I have a very low deductible, for that I'm paying a high premium. They all have 1%, which is about $5000 deductible, mine is $1000 deductible. I feel it's very unfair on the insurance to reduce my amount based on my low deductible.
The roofing companies' inspected my roof and said the damages are no less, it's as bad as my neighbors'.

The problem now is that the roofing companies don't want to deal with my issue because the approved amount is low.
I asked them to give their estimate, so I can send it to the insurance company, but since they are all busy they don't bother to deal with it.
I spoke to the insurance, they say if I send another estimate they probably would look at it.

Is there any way I can fight with the insurance company to reassess their estimate based on my neighbors'?
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https://www.fatwallet.com/forums/finance/1568422 Tue, 16 May 2017 09:47:49 -0500
<![CDATA[why it is difficult to track bitcoins? how bitcoins are created? plzz explain in simple words]]> https://www.fatwallet.com/forums/finance/1568416

Rating: 0 Posted By: johnadamthegreat
Views: 1744 Replies: 26

I wanted to ask this question because, in the current hacking attack, the hackers are demanding money to be paid in Bitcoins. So the questions that cometo my mind are"how this Bitcoin money is created?" and why is it hard to track? why is it lucrative to the hackers? can anyone explain in simple words, not in the technical maze
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https://www.fatwallet.com/forums/finance/1568416 Tue, 16 May 2017 08:43:56 -0500
<![CDATA[How Late Can a Medical Provider Bill You?]]> https://www.fatwallet.com/forums/finance/1568409

Rating: 1 Posted By: kmully
Views: 1258 Replies: 16

Hey FWF,

My daughter was born in March 2016. We just received a $200+ bill for her hearing test done in the hospital.

1. In my minimal research that I've done I've seen in most states you have to pay anything within 6 years (because that's the length of time that they could sue you for what you owe). I'm in Tennessee. Is that accurate?
2. I figure #1 is accurate. Is there any tips to negotiate with them? Can I call them and say "Hi, this was performed 14 months ago, I'd like to offer you $100"?

It's less about the $200 and more of the principle of billing me 14 months later...
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https://www.fatwallet.com/forums/finance/1568409 Tue, 16 May 2017 07:36:49 -0500
<![CDATA[web site to compare home insurance]]> https://www.fatwallet.com/forums/finance/1568365

Rating: 0 Posted By: confused200
Views: 1159 Replies: 13

There are web sites for comparing health insurance; and I just saw a new web site to compare auto insurance [everquote.com].

Is there a web site form comparing home insurance?

TIA
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https://www.fatwallet.com/forums/finance/1568365 Tue, 16 May 2017 01:27:54 -0500
<![CDATA[Alternatives to Bankruptcy]]> https://www.fatwallet.com/forums/finance/1568330

Rating: 0 Posted By: Gauss44
Views: 1822 Replies: 36

So, I have a friend in college who is looking for alternatives to a bankruptcy. He has no assets, significant credit card debt (currently all at 0% apr, but soon to increase to some large apr), and lots of student loan debt. He wants to go to graduate school so is concerned that having a bankruptcy could impact his ability to get funding for school in the future. He is not irresponsible in general, but had a few financial surprises this semester such as being ineligible for student loans without a cosigner (and grew up in foster care unadopted so has no cosigner), and all of the sudden, offers for great 0% apr loans and various 0% apr lines of credit stopped rolling in. This was because he quit his job to go to school so his income decreased and his debt to income ratio suffered. He's tried and tried to get a loan or new credit card to cover the debt, but it looks like he's out of luck with a 0% deal floating thousands of dollars expiring in a few weeks. Best advice I can think of is to call the credit card with the expiring 0% and ask for an extension or to decrease the interest rate once it goes up, and to look for a job asap. What else might he do? His semester just ended, so he can now return to work full time.
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https://www.fatwallet.com/forums/finance/1568330 Mon, 15 May 2017 19:54:11 -0500
<![CDATA[VERY OLD debt collection attempt]]> https://www.fatwallet.com/forums/finance/1568322

Rating: 1 Posted By: JW10
Views: 3700 Replies: 43

Well over ten years ago, there was a debt collectionclaim which made it to the credit bureaus, several snail mails, telephone calls, etc.All that had become ancient history as it finally fell off all credit bureaus, phone calls and letters stopped, I am sure it was sold a few times in hope I would fall for it and pay something. I never did. Today, I got a collection letter which I associate with that claim. The fine print acknowledges the claim is so old, they will not pursue me in any court and not file any claim on any credit bureau. It has the usual thirty day no response validates the debt language..
Since it has no muscle, I am inclined not to respond. Reason - If I respond, that gives them current information and some creditability to keep after me. That would in effect acknowledge the debtclaim,
FWF thoughts are invited.
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https://www.fatwallet.com/forums/finance/1568322 Mon, 15 May 2017 18:06:36 -0500
<![CDATA[Can I write my own Will?]]> https://www.fatwallet.com/forums/finance/1568311

Rating: 0 Posted By: gangt
Views: 1611 Replies: 24

I have been thinking about writing Will, but it's unfairly expensive and purposely made to appear complicated IMO.
Mine is very basic. In case if I die early my wife has to have access to all my accounts and the money, and the life insurance, right away without any delay or complications.
And in case both of us die before my kids grow up, they have to be taken care by whoever I specify as guardian. The guardian can use a specified amount of money for the kids' expenses. When the kids are legally ready, all the remaining money and the house, cars, etc should be given to them.
It doesn't sound complicated to me. But I don't understand why it's been made a big deal, and charging big money for it. May be it's complicated for some people with more money and many assets.

My question is, can I type similar to what I wrote above, and get a notary or something and give a copy to the person I wish to be the guardian? Will that work?
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https://www.fatwallet.com/forums/finance/1568311 Mon, 15 May 2017 16:17:17 -0500
<![CDATA[FW Exclusive Kiplinger's Personal Finance $5.99 per Year at DiscountMags]]> https://www.fatwallet.com/forums/finance/1568305

Rating: 9 Posted By: Llilith
Views: 1583 Replies: 11

Hi Finance People

We have negotiated an exclusive offer with DiscountMags for Kiplinger's Personal Finance at $5.99 per year.You can order up to two years at this price with coupon code FATWALLET. Exp 5/19

Do you all want to see threads for relevant titles like this in Finance? It is already in the Hot Deals forum, but I want to know if you all want this in the Finance forum as well.

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https://www.fatwallet.com/forums/finance/1568305 Mon, 15 May 2017 15:21:51 -0500
<![CDATA[VISA or MasterCard for overseas / local car rental]]> https://www.fatwallet.com/forums/finance/1568294

Rating: 0 Posted By: c627627
Views: 1001 Replies: 16

In 2017, is it better to use a VISA or a MasterCard to rent a car overseas?

If it varies by card, then can you use these two examples please:

VISA: https://www.theexplorercard.com/
vs.
MasterCard: https://secure.fly.aa.com/citi/ccpage-plat

How do they compare for local car rentals?
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https://www.fatwallet.com/forums/finance/1568294 Mon, 15 May 2017 12:53:20 -0500
<![CDATA[Home insurance and Bio-hazard?]]> https://www.fatwallet.com/forums/finance/1568212

Rating: 0 Posted By: bitkingdom
Views: 1041 Replies: 2

My mother passed away, decomposed in the house for 2 weeks. At the time of her passing, insurance agent told me it wasn't covered, so the house sat in Bio-hazard for months until I got out of the army. I later on found out it was when the bio clean up company called my insurance adjuster and found out it was 100% covered. Everything was going smoothly, Bio company cleaned, gutted the house that was contaminated, only thing remained was the vinyl in the kitchen because it had asbestos and now all of sudden the Adjuestor sends me a letter saying that's all he is paying and rest is coming out of the bio company check including reconstruction. What should I do? I got hold of the declaration policy, as it seems it covered and their not trying to pay for it all.
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https://www.fatwallet.com/forums/finance/1568212 Mon, 15 May 2017 02:33:14 -0500
<![CDATA[ Help choosing between job offers]]> https://www.fatwallet.com/forums/finance/1568162

Rating: 0 Posted By: cbiland
Views: 1647 Replies: 20

I just graduated and currently have two job offers. One is for a commercial lending credit analyst at a community bank and the other is a sales support associate atPrudential. I am under the impression that the credit analyst role will give me more valuable skills (financial statement analysis, excel, etc.) and the role atPrudentialwill only serve as a stepping stone to other jobs within the company (ideally move into something like fixed income there). Also the job atPrudentialwill have me taking the series 6/63 and I am taking theCFAlevel 1 in June. I am aiming to end up in some kind of research role down the road. Does anyone have any insight on this about which path may be a better choice?
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https://www.fatwallet.com/forums/finance/1568162 Sun, 14 May 2017 16:19:06 -0500
<![CDATA[BTC up to $1786 today, but locked out of my account...]]> https://www.fatwallet.com/forums/finance/1568157

Rating: -4 Posted By: Gauss44
Views: 1887 Replies: 20

I'm impressed that bitcoin has made it's way all the way up to $1786. I'm curious about what's driving this? China? Some unknown sketchy person/group with lots of bitcoin? Wider usage as it's now legal in some countries and used for online gambling, etc. Stocks that include bitcoin?

A downside for me is that I've found BTC nearly impossible to withdraw in cash. Currently, the online website I used to store most of my btc says my account is suspended and won't allow me to put in a ticket. I googled the problem and many people are having this issue. So, I guess for me, it will be a good investment if, and only if, I am ever able to withdraw at a good time (or at all). I doubt anyone on here has had that problem, but I am open to suggestions if this part sounds familiar.
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https://www.fatwallet.com/forums/finance/1568157 Sun, 14 May 2017 14:34:16 -0500
<![CDATA[Help me getting my refund from Ashley Furniture.]]> https://www.fatwallet.com/forums/finance/1568130

Rating: 0 Posted By: rustum
Views: 2303 Replies: 42

HI,
We bought some furniture from Ashley 2-3 years back. As furniture started falling apart, Ashley gave us a store credit. Initially they gave one month to spend on something in their store. Later they extended it to 6 months after talking to them. I am trying to get refund but they are refusing to give refund. They received money for damaged furniture form manufacturer. But forcing me to spend in their store again. I tried by filing BBB complaint. They refused to give refund. Is there any other agency or something we can approach to help us.

Thanks
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https://www.fatwallet.com/forums/finance/1568130 Sun, 14 May 2017 07:50:48 -0500
<![CDATA[Origination/closing fee on mortgage]]> https://www.fatwallet.com/forums/finance/1568112

Rating: 0 Posted By: javaman2003
Views: 1623 Replies: 28

Just wanted to pick the mind of Fatwallet.
So i was looking on Aimloan regarding a mortgage for $350,000. Here are the rates and monthly P&I
Rate APR Points Closing Costs Payment
3.750% 3.796% 0.000% $4,841.75 $1,620.90
3.875% 3.921% 0.000% $2,643.75 $1,645.83
4.000% 4.047% 0.000% $375.75 $1,670.95
4.125% 4.172% 0.000% $0.00 $1,696.27

As per the above table it looks like the company is capturing the cost of closing by increasing the loan rate.
The line item that is different is Lenders credit.
Is Lenders credit another name for origination fee.?
Most banks seem to show either 4% with high closing cost or 4.125% for low fee or no fee mortgage rate.

Mathematically it looks like paying the higher closing cost would lower the cost over the life of the loan. Is this true?
Is this the right way to look at it?

Where else can these mortgage companies trick you?
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https://www.fatwallet.com/forums/finance/1568112 Sat, 13 May 2017 21:53:31 -0500
<![CDATA[NO AF FNB AMEXCard $100 credits/yr $250 bonus/ $2500 spend]]> https://www.fatwallet.com/forums/finance/1568108

Rating: 3 Posted By: vickh
Views: 2620 Replies: 28

https://www.firstnational.com/site/personal/credit-card/amex/amex-travelite.fhtml

  • 3x points per $1 spent on travel purchases1
  • 1.5x points per $1 spent on everyday purchases1
  • Earn 25,000 points to redeem for a $250 statement credit, when you spend $2,500 in the first 3 billing cycles1
  • $100 Global Entry Credit2 Save time and bypass the lines for TSA screening and customs at select U.S. airports if approved. Pay your Global Entry application fee and receive the full $100 back as a statement credit.
  • $100 Travel Discretionary Fund3- Enroll your TravElite Card with Premium Concierge and receive up to $100 in statement credits yearly to use for baggage, fees, airport lounge access, on-board food and beverage and more.
  • Your variable APR based on the Prime Rate will be 16.49% to 23.49% on purchases and balance transfers, based on your creditworthiness4
  • No Foreign Transaction Fee4
  • No Annual Fee4

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https://www.fatwallet.com/forums/finance/1568108 Sat, 13 May 2017 20:55:44 -0500
<![CDATA[Found money. Is that something people declare on their taxes?]]> https://www.fatwallet.com/forums/finance/1568105

Rating: -5 Posted By: atikovi
Views: 2220 Replies: 38

While taking apart a parts car I bought last year, I found an envelope in the trunk floor under the liner containing ten 20's. Hypothetically speaking, would most people report this on their taxes? It's not earned income. If anything, it's most like a gift.
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https://www.fatwallet.com/forums/finance/1568105 Sat, 13 May 2017 19:42:50 -0500
<![CDATA[Joining the San Diego Navy League Closed as a Method to Join Navy Federal Credit Union]]> https://www.fatwallet.com/forums/finance/1568012

Rating: 6 Posted By: burgerwars
Views: 3038 Replies: 26

I found this string on CreditBoards. Apparently this method for joining NFCU has just ended:

https://creditboards.com/forums/index.php?showtopic=593109&page=...
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https://www.fatwallet.com/forums/finance/1568012 Fri, 12 May 2017 17:20:51 -0500
<![CDATA[Chase targeted email: car loan refi starting at 0.00% ?]]> https://www.fatwallet.com/forums/finance/1568007

Rating: 0 Posted By: polaris
Views: 1233 Replies: 9

My wife and I (both ChaseCC holders) got this email recently and of course, offering us 0% to refinance our car loans with Chasedoes sound too good to be true. :p Has anyone else received this and bothered calling Chase@ 1-855-292-7294 to find out if a potential 0% rate is a screwup?

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https://www.fatwallet.com/forums/finance/1568007 Fri, 12 May 2017 15:49:42 -0500
<![CDATA[Relocating and expecting a baby - Opportunity to change health plans. Should we?]]> https://www.fatwallet.com/forums/finance/1567997

Rating: 0 Posted By: vnuts21
Views: 1431 Replies: 20

My wife and I are relocating this year in June/July, and also expecting a baby at the end of the year (December 15). Because of our relocation, my wife's work counts it as a qualifying event and she will have the opportunity to change her health plan mid-year. I'm trying to do the math, and can't figure out if it makes sense to do so or not. She is currently on a HDHP, and has the ability to convert to a standard plan.

One key detail which I'm missing is how much does a delivery cost, and what % of those charges are billed to the baby vs. the mother?

Plan Details are:
HDHP - Preventative care is covered 100%
Self Only - $350/yr premiums, $500 HSA contribution (net -$150 cost), $1300/yr deductible, 80/20% coverage after deductible, $3000 OOP Max
Self+Child - $975/yr premiums, $1000 HSA contribution (net $-25 cost), $2600/yr deductible, 80/20% coverage after deductible, $4500 OOP Max

Traditional -
Self Only - $1550/yr premiums, No Deductible, $40 copay/$500 hospitalization cost, $3000 Max OOP
Self+Child - $3800/yr premiums, No Deductible, $40 copay/$500 hospitalization cost, $6000 Max OOP

I am covered under a separate HDHP which I could also add the baby to. My plan is a $1500 deductible, with 95/5% Co-insurance. I will likely also have paid the deductible by the time the baby is born, but my deductible will go up to a $3000 when adding a +1, so all baby expenses would presumably be charged towards the deductible. My Co-Insurance is lower, but OOP Max is much higher - $5k/self and $10k/self+1.

Before we move, she will likely meet her deductible ($1300) already due to doctor visits, etc. My understanding is since the baby will be born this year, as soon as we add the baby to the health plan on December 15, her deductible goes up to $2600, and as a result, all costs associated with the delivery will be charged towards that new higher deductible. So we'd be looking at the delivery costing a minimum of the additional $1300, then the co-insurance will kick in until reaching the OOP Max of $4500.

If she switches, she would pay ~$750 in premiums for half of the year, then $500 for the delivery only, but then be subjected to the health plan for all of 2018. So the following year would cost a minimum of $3800 premiums+$40/visit in premiums, regardless of number of uses of the health plan. The HDHP would cost $-25 + OOP expenses up to $2600 until the co-insurance kicks in.

From initial thoughts, it looks like it would make sense to stick with the HDHP, but I'm not sure if I'm reading the numbers correctly.


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https://www.fatwallet.com/forums/finance/1567997 Fri, 12 May 2017 14:18:30 -0500
<![CDATA[Trustee Fees]]> https://www.fatwallet.com/forums/finance/1567989

Rating: 0 Posted By: harmons7
Views: 1269 Replies: 4

I am one of several beneficiaries of a Florida living A/B trust where both settlors are deceased. The final distribution
proposal for the B side included a 2.5% fee to be paid to the Trustee (one of the beneficiaries). I asked the Trustee's
lawyer (not on speaking terms with the Trustee) for an accounting of what effort by the Trustee warranted that payment.
Her answer was the Trustee fee is 2.5% of the value of the B Trust and that the Trustee is not required to itemize every action,
meeting, etc. that the Trustee performs or attends in administering the Trust. The trust document only specifies that the
Trustee shall be entitled to reasonable compensation for services and reimbursement for expenses incurred. I can't find
anything about a set fee in Florida for Trustees. Can anyone shed some light on this?


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https://www.fatwallet.com/forums/finance/1567989 Fri, 12 May 2017 13:23:04 -0500
<![CDATA[Chase Sapphire travel insurance]]> https://www.fatwallet.com/forums/finance/1567986

Rating: 0 Posted By: releasefoobar
Views: 1350 Replies: 11

Has anyone usedChaseSapphire travel insurance for trip cancelations and been happy?

I'm trying to plan a family trip and I have two young kids and our life is very unpredictable with them. Many of the resorts that have specials offer them as non-refundable. I also worry about the hurricane season. I'm trying to decide if I can rely on the credit card coverage or if i need travel insurance. I'm not worried about the kid if he has a stuffy nose the night before our trip, but if we end up in the ER a day before we are suppose to leave for whatever reason (and can get a doctor note that we should not travel). Or if hurricane X decides its going to hit our vacation spot the day we are suppose to depart.

Has anyone been successful with a cancelation covered byChaseSapphire travel insurance?

Thanks!
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https://www.fatwallet.com/forums/finance/1567986 Fri, 12 May 2017 13:15:53 -0500