Personal Finance Company wants to open a credit card using my social |
- Company wants to open a credit card using my social
- Has anyone used a credit card masking service before?
- 20 year old college student trying to pay back student loans and go to school at the same time
- $320k in debt, best way to tackle it?
- Fraudulent activity on bank account
- Renting a car without primary vehicle insurance. Rather than buying the super expensive liability coverage offered through the rental agency, does it make sense to buy a regular travel insurance policy that also includes liability coverage instead for 1/5 of the price?
- How can I remove my parents from my joint bank account?
- Should I voluntarily surrender my vehicle?
- Should I sell my house in SoCal?
- Father passed and left me money. Area I live is too expensive, trying to figure out what my next move is.
- Recommended Methods for Password Security
- Very confused by taxes. Looking for clear, concise information.
- Is there a way to calculate how much interest I would save on a loan if I made a double payment?
- Roth IRA vs Investing in Stocks
- What's the best way of paying off a Canadian credit card from my Australian bank account?
- Depressed and no income, advice says to be social but then I stress over money, what is best course of action
- Should I get a credit card as a college student?
- Invest or New Laptop
- Customer Service Evaluation Assignment: Provided a check of $3,450.12
- Thinking about moving from retail to online bank. Any major gotchas I should be looking out for?
- I am 14 and have an IT consulting/tech support/ electronics repair business. How do I go about getting licensed and filing taxes? (In Washington DC)
- Credit card juggling, looking for advice and things I may have missed
- If I apply for a CC, do banks check just the current score or credit history as well?
- Investing $100k
| Company wants to open a credit card using my social Posted: 05 Dec 2018 03:12 PM PST I picked up a side gig with a rather new company and they asked me for my social in order to give me a company credit card for expenses like gas. So far everything through the hiring process has been late so I'm a bit worried about them paying off the card which I would imagine could affect my credit score. Is this a realistic fear? Is there a better way of going about getting expenses paid for that doesn't require paying out of pocket/reimbursement or creating a card in my name and SS#? Any other considerations I am missing? Thanks [link] [comments]  |
| Has anyone used a credit card masking service before? Posted: 05 Dec 2018 04:03 PM PST I've been looking around for a service that hides your actual credit card number when buying things from websites that aren't like Amazon or Target.com. Privacy.com looks like it's a pretty solid choice and it gives you the option of using it for a subscription but are there any other options out there that anyone else has experience with? [link] [comments]  |
| 20 year old college student trying to pay back student loans and go to school at the same time Posted: 05 Dec 2018 08:07 PM PST Hey there! I've never posted on reddit before, but after talking it through with my boyfriend he suggested that this might be more helpful than he is. So here's some back story: After graduating high school I took a year off to work, and help support my mom. I didn't have a ton of money going into school, but ended up moving out and upstate to be on my own. The dilemma is that I am in that weird grey area where I don't get help from fafsa, but my parents aren't in a position to support tuition either. After a series of unfortunate events spring semester I ended up flunking out and taking another semester off. So here's where I'm at now: After all of my bills (rent/card payments/insurance/gas/utilities) I've got like $600 left I have $4,000 worth of student loans starting to collect interest I switched over to a community college instead of a university and to take 12 credits it ends up being around $1600 a semester The golden light is that during spring semester I did a term of service (teaching little kids how to code) and now have a $1,500 grant that can either go towards school, or it can be used to pay off student loans. These are the options I've been floating around:
So r/personalfinance is there a better option? [link] [comments]  |
| $320k in debt, best way to tackle it? Posted: 05 Dec 2018 03:38 PM PST Hey everyone, I'll try to keep this short. Finishing up residency soon with $50k in the bank and $320k (6% interest rate) in med school loans. I'll make ~$196k post-tax next year. I spend $3k/month now and live comfortably as it is so I do not plan on dramatically increasing lifestyle until after another 2-3 years. Age 29, no wife, no kids. I was thinking of putting $100k/yr towards loans and using $50k for savings/stocks/lifestyle creep. Does this sound reasonable or should I be even more aggressive with paying things back? [link] [comments]  |
| Fraudulent activity on bank account Posted: 05 Dec 2018 07:03 PM PST Hi /r/PF - Never posted here before, but I have a situation that I could use some advice on. Last Thursday, I noticed $900 withdrawn from my bank account that I did not authorize. I immediately called in to the fraud department and started a claim. They opened a new account for me, and transferred the remaining balance of the account (after the fraud) to the new account. Since then, there have been multiple other instances of fraud appearing on the original bank account. It turns out that someone went into the bank with a copied debit card, my pin, and presumably a fake ID. They withdrew money, and they cashed checks against the account - those checks later bounced. Today, I found new activity on the NEW bank account (which I don't even have a debit card for yet), and in my savings account (which I rarely use). Both of them are now negative ~$2000 each. In total, all of my accounts are now about negative $6,000. Of that, a portion was my money, and a portion was the bank going negative. I'm looking for advice on what to do now. The bank is not offering me a provisional credit for these charges because these transactions were apparently done with a teller in the bank, which is, for some reason, not something that they give a credit for. I have a credit card that I can use to tide myself over until I get paid again. I have created a new bank account at a new institution (Ally) and set my direct deposit from work to go into that one. I want to know how to limit my liability, and whether anyone here has had experience in something like this. I simply cannot be on the hook for all of these transactions, and I'm hoping that someone who has seen something like this can give me an idea of how this will all end. I did not lose my card, and I have no idea how someone got all of my information. I have changed all of my banking passwords from a new computer. The bank says that they will take up to 60 business days to do their investigation. It's Bank of America, for context. Thanks for your time! Edit: I have reported all instances of fraud separately to the bank, including the new ones. I have also filed a police report. [link] [comments]  |
| Posted: 05 Dec 2018 08:08 PM PST I don't own a car to save money, so I end up renting cars quite a bit. Usually every month or two at some point (I still end up saving ~$6k per year off having a car) Since I don't own a car, I don't have any car insurance. That leaves me relying on supplemental insurance to stay covered. I can use my credit card for the collision damage coverage part of it. But my card doesn't cover any personal 3rd party liability/injury. The car rental agencies offer supplemental liability insurance, but its usually $15-$25+ per day. Sometimes this almost doubles the cost of rentals. For example I'm renting a car for this weekend. The base rate is $120. The supplemental liability insurance is an additional $75. I've been looking into alternative means of getting liability coverage on the rental. What I found is that many regular travel insurance policies have liability coverage as a benefit. The whole policy only costs ~$15-$25 for an entire week...plus has all kinds of added medical coverage, and even additional rental car damage protection. Does it make sense to just get this instead of the rental car protection? Is there a catch I'm missing here? [link] [comments]  |
| How can I remove my parents from my joint bank account? Posted: 05 Dec 2018 07:59 PM PST I need help here. I have a bank account that has been in my name since I was born, but had parental control until I turned 18. Even after I turned 18, my parents kept on pushing off turning it into my name. I got an ATM card and signed my portion back in 2016, but the bank said nothing can be done until they sign away the rights. Five years later, I'm 23, and still fully living at my parents house and driving their car. I know, I should grow up and move on, well aware. But today they told me they decided to charge me gasoline, repairs, insurance, and rent for the PAST five years and have already taken 4,000 out of my account, and will continue to remove it from my account each month while I still live at home. I'm aware I should be pitching in monetarily, but how can they have full access like this to my funds? I worked every summer of my life since 7th grade, gifts, presents, I saved up everything and now half of it's gone, and the rest will be soon, too. (I have my own account that I put money earned 18+). I'm devastated. Any way I can get access to my account, or is it really my parents cash to take out as they please? Thanks in advance for any advice. [link] [comments]  |
| Should I voluntarily surrender my vehicle? Posted: 05 Dec 2018 10:52 AM PST Hey guys. I am just wondering if I should give my vehicle back to the bank. I live in a very expensive metropolitan suburb and wonder if relieving myself of my massive car payment would help me. I 100% blame myself for getting into this situation but need guidance on how to get myself out of the hole I am in or if I need to stick it out. I am aware that there may be a balance still owed depending on how much I owe compared to sale price at auction if surrendered. I figure any less amount is closer to my goal of living on my own. I am a married 28 y/o man with 2 children, for the last 3 years I have lived in my mothers house rent free. Blessed I know. She lives with her boyfriend and we have the house to ourselves. I know my mother wants her house to herself (she still has the master bedroom set up for her if she ever decides to sleep here) and I feel terrible that I cannot afford to live on my own. I work full time and my wife stays home with the kids and is a photographer part time or whenever she has clients book a session. She is just starting out so there is no consistency with her income that I can expect to have or plan towards paying any bills. I make 30k a year and have 2000/month in bills (WITHOUT housing bills I.E Rent/internet/trash/water, etc.) My car payment and insurance is half of my total in bills. I also own a vehicle that we would still have to drive until I could catch up on credit cards and other debt to start saving for a new one. I should add that my mother would never kick me out and would suffer in silence for as long as I would let it. I love my mother and want to be out not only for her but for me and my family. If there is any other info I should add let me know. I am just looking for a little guidance on what I should do. TIA [link] [comments]  |
| Should I sell my house in SoCal? Posted: 05 Dec 2018 07:26 PM PST Ok, so my house I currently live in, I paid $260,000 for. Zillow now has its zestimate at around $500,000. With the rising interest rates, I'm getting worried about another home loan bursting bubble, only because I got burned back in 2008 on a new home that I also bought cheap and saw it almost double in value before i had to quickly short sale. Now I'm not too savvy on the real estate market, but I was wondering if I should sell now, rent for a while, and buy again later if the market does drop. Do any of the experts here think that another 2008 is in the near future? Thanks in advance [link] [comments]  |
| Posted: 05 Dec 2018 03:44 PM PST Hey guys, my father passed and left me a relatively large size of money (To me, at least, not like millions or anything, not even close). The area I live in is on the east coast, it's extremely expensive, a small house is 600K. He was a doctor so this was very easy for him to leave here in comfort. I don't make a lot of money on my own, but I had to move in with my father to care for him in his last few months. Now, his house is not paid off, I cannot stay here. I want to find an area where I can buy a house outright and make it easy for myself. My price range would be around $300,000. How do I go about doing this? I had my sights set on Texas. In my area, you pay out the ass for low crime, but I've seen so many beautiful lowcrime areas in Texas that are easily in my budget. I really would love to stay in my home state, but now having 2 dogs to take care of, an apartment is out of the question. While this is tremendously unfortunate and I'd pay back every cent to have my father back, I'm still aiming to BUY a house outright because in the past I've lived through a foreclosure, and it's awful. I really desire the option of just having a normal job but owning a home if the situation comes about, and it seems like that is a very plausible thing. [link] [comments]  |
| Recommended Methods for Password Security Posted: 05 Dec 2018 08:04 PM PST After reading about the Marriott data breach, my wife and I talked a bit about cyber security and want to rethink how we save our passwords (notebook in a cabinet). What are some methods that have worked for you? Does anyone use the free version of LastPass or a similar program? [link] [comments]  |
| Very confused by taxes. Looking for clear, concise information. Posted: 05 Dec 2018 07:50 PM PST Sorry about the long post. I have absolutely no idea how much I am going to pay in taxes. I've tried researching online and posting in forums, but no one is able to give me a satisfactory answer. From what I've seen, I will owe somewhere between $1,500 and $20,000 which is a bit of a ridiculous range. I figured I'd give this another shot before paying for a tax consultant. I have absolutely no idea how taxes work. I'm looking for an ELI5 explanation or a ballpark number. So far, I've seen two kinds of answers:
The Facts:
The Questions:
Thanks for the help! [link] [comments]  |
| Is there a way to calculate how much interest I would save on a loan if I made a double payment? Posted: 05 Dec 2018 06:48 PM PST Like suppose I had a car loan, or a mortgage, and I wanted to make double payments so I wouldn't have to pay so much total interest. How can I know how much each double payment would save me? I think it could help me with motivation! [link] [comments]  |
| Roth IRA vs Investing in Stocks Posted: 05 Dec 2018 05:04 PM PST I have a roth ira with charles schwab with about $600 in the 2060 retirement fund right now and also 2 pies on m1 finance with $1k and $600 in both. ( https://m1.finance/eD6N7CcpG , https://m1.finance/krmohfjht I've been thinking on whether or not I should withdraw all the money from m1 and just put that into my roth, max it out (or as close as possible), and then go back to investing in stocks in m1 afterwards if I have any money left. the reason behind it is because it just seems more fruitful to have it grow in my roth than have it in these stocks on m1 does this seem like a good idea? or should i continue to fund both slowly? [link] [comments]  |
| What's the best way of paying off a Canadian credit card from my Australian bank account? Posted: 05 Dec 2018 03:14 PM PST Well, I'm going to go into a bit of debt as my friend is coming up next month and we're traveling for 3 weeks. I'm going to use my Canadian credit card and wonder what the best way to go about paying it back is. Specifically, transferring money from my Aussie account to the credit card. [link] [comments]  |
| Posted: 05 Dec 2018 07:47 AM PST So I've been seriously depressed for a while with no income. I'm trying to keep up with being social but it's hard because I stress about money. When depressed all I hear over and over is to be social, but at same time if you go out with people it's going to cost money. If you turndown too many things you will stop being invited too. So what do I prioritize, money and then basically isolate myself even more, or just try to be social a bit and spend money once in a while [link] [comments]  |
| Should I get a credit card as a college student? Posted: 05 Dec 2018 07:55 PM PST Backstory: I am a broke engineering college student. I am am a freshman in college and have never owned a credit card in fears that it will only lead to more debt. This year I received $24,000 in financial aid. I am currently in a dorm room and have an unlimited meal access plan. A few months ago I realized I was going to be short around $3000 because I only received a Pell Grant for this first semester, and my second semester I am taking substantially more credit hours. I took out an endowment loan of $3500, $1500 this semester and $2000 next semester (still haven't touched it). Today I found out that I was accepted into a scholarship hall, a hall that is significantly cheaper because you cook the food and stay in smaller rooms. This alone will save me around $3000, in addition to that I am also receiving some christmas money. I plan on saving the extra money for next years tuition. I was told by an upperclassmen that I should get a credit card now because I don't need to prove credit in order to get a decent one and that it would actually be harder to get one when I graduated. Should I get a credit card? It really scares to see other people ruin their credit score with a credit card. Should I get a credit card, and if so which one should I get? I recently filled out for my yearly credit report/score and didn't have a credit score, but did have a credit report which said I was okay. [link] [comments]  |
| Posted: 05 Dec 2018 05:14 PM PST I am a 19 year old first year student working in a commissioned sales job who right now has $2000 in his savings and would like know where to go from here... A) ($1000) Put money in a Questrade account and get the experience of real trading since I have always done it through mock trading sites B) ($2000) Replace my current laptop with a new one that I can bring to school/take notes/play games/do homework on C) Keep saving Of course you guys will say to keep saving but consider my position as a young guy and think about some of the young adult whims that are pushing me. What would you do in my shoes? Thank you for considering! [link] [comments]  |
| Customer Service Evaluation Assignment: Provided a check of $3,450.12 Posted: 05 Dec 2018 05:38 PM PST Hey folks, My cousin got a usps priority mail envelope in the mail today out of the blue to her home address. In it were 2 things a letter explaining that's she's apart of an evaluation assignment. The task is to busy $3k of Google Play gift cards, send them photos of the code on the back, and explain her shopping experience. The second thing was a check for $3.4k and change. She reached out to me saying, "this is real... Right?" This is totally a scam if you ask me, she's on the fence though. Anyone able to shed some light on this? How's it work exactly? Should we report this to someone? [link] [comments]  |
| Thinking about moving from retail to online bank. Any major gotchas I should be looking out for? Posted: 05 Dec 2018 07:14 AM PST Title explains it all. Currently have a TD Bank. Living in major city I get crushed by a lot of ATM fees if I don't find a TD bank near me. I hear Ally and some other online banks reimburse you for all ATM fees. Anyone have a good experience going from retail/brick banks to online banks? Any major hang ups? [link] [comments]  |
| Posted: 05 Dec 2018 08:27 PM PST I run a little side business doing some IT work. I make more than the threshold for federal self-employment taxes, and I would like to get licensed under the consulting category in DC. Is that necessary if I am a sole proprietor and not an LLC or something else of that sort? In DC, the law says that you have to be licensed to conduct any sort of business and you have to have a C of O or home occupancy permit if you are registered with the office of tax and revenue. I am having trouble figuring out if I have to become licensed to pay self-employment taxes to the IRS. It's all very confusing. Thanks for any advice. [link] [comments]  |
| Credit card juggling, looking for advice and things I may have missed Posted: 05 Dec 2018 03:16 PM PST Hi all, basically I think I'm good here, but you all know better. Ive got a balance of 4k on one single card. This is the only debt I have. I've got about 1k in my checkings right now, and have another paycheck coming the 15th. After all expenses I'm left with 1.6k a month. My APR is set to kick in early February, but is right now at 0. I've got another card with 0 apr for 12 more months to put any expenses on while I pay this one off before the APR hits. I should be able to make it out with no interest incurred, but am curious as to if there's anything I'm missing, and if I'm at 1k when the APR hits, should I look at balance transfer cards? Thanks all. [link] [comments]  |
| If I apply for a CC, do banks check just the current score or credit history as well? Posted: 05 Dec 2018 08:02 PM PST Hi I wanted to ask a quick question because I couldn't find the answer online. I have one credit card that is basically maxed out (~$950/$1000), and this puts my current credit score in the high 600s ("Fair" range). When I look at my credit history for the past few months, I see that my score was much higher when I had lower utilization ratio, so I know it will go back up if I pay this balance off. The thing is that I want to apply for a new CC soon. I'm wondering if I pay this balance off and then apply after a week or so, will the banks look at my past month's credit score as well? Or just consider the current score at the time of the pull? Thanks in advance. [link] [comments]  |
| Posted: 05 Dec 2018 02:40 PM PST I've read the inheritance/windfall sidebar but a lot of it seemed geared toward what you shouldn't do with the money. I've just come into about $100k, and am looking for the best way to invest it/what could net the highest returns. What type of accounts would be I looking for if I wanted it to be somewhat liquid, so that I could withdraw some interest here and there if needed. Also thinking of maxing out a Roth IRA with my income and then supplement my living expenses with the money withdrawn from this inheritance. As it stands now I have no debt and a paid off car, low rent/monthly expenses and am contributing a decent chunk of my salary to 401k. So this isn't money that I need to use presently. This money is currently in a beneficiary IRA, which if my understanding is correct that I must withdraw from over time. Am planning on seeing a financial advisor in the next couple weeks, but want to have some idea of what I should be asking. Thanks, [link] [comments]  |
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