Personal Finance My Grandparents gave me a check and now my bank thinks I'm committing fraud. |
- My Grandparents gave me a check and now my bank thinks I'm committing fraud.
- Family acting suspicious about savings account I didn't know existed
- Quitting the job I love for benefits
- Car totaled. Used prices are crazy right now and no way I can afford new. Can I please get some advice before I have to get into another bad loan.
- My parents want to put away $100 a month for my newborn child until their 18 years old
- Mortgage company forgot to include taxes in escrow when I refinanced
- Xfinity lied to me and quoted me a promotion for $50, and is now charging me $95 saying I don't qualify for the promotion at my location.
- $17k in CC debt- and losing hope
- Potential landlord asking for bank information
- Is the 30% Housing Cost recommendation becoming outdated?
- Invest or pay off mortgage?
- Not sure which offer to take..
- Should I put money on index fund or emergency fund.
- Will Increasing my secured credit card amount be beneficial in the long term?
- I've resigned from my job with 3 years of savings in cash to start a new career (mission driven business + non profit) - how do I wisely manage my savings while I build new income?
- 20 year window. Age 40-60 retirement strategy??
- Struggling college student w debt, thinking about utilizing 401k funds - would appreciate advice!
- Questions Opening a Joint Checking account with fiance
- Stable Mediocre Job or a Better Job At an Untested Startup?
- My new apartment lets me pay rent with a credit card. Is there a card that would make the 2% fee worth it?
- How much emphasis should I put on a company’s stock price/earnings when assessing a job offer?
- My sister and her girlfriend fell for a rental scam and lost $4,200
| My Grandparents gave me a check and now my bank thinks I'm committing fraud. Posted: 04 Aug 2021 07:15 AM PDT So as the title says, for my grandparents 70th anniversary they decided to give each of their grandchildren 30k. This was on Sunday and since I wanted to make sure I wasn't walking around with those checks and I went to deposit it immediately through the ATM. In retrospect I realize that was not a great idea. come Monday morning I go to use my card and it is declined, I didn't think much off it because it was through apple pay, but when I went to transfer some funds to my girlfriend through my banking app, that was blocked as well. I immediately called my bank and they said because of the large check there was a restriction put on my account. I understand that it would take a while for the check to clear, but I was told because it was such high amount I cant access any of my funds from any of my accounts until then, however they said it should be fine by 9am the next day and that I should. That wasn't ideal but I have a credit card so I can survive. The next morning (yesterday) nothing had changed. I had to go to work so I was not able to call, but figured Id go to the bank in person when i got off. The Private Client Banker was very friendly and seemed helpful she basically said the bank most likely assumed fraud and was just being careful, she gave me her card and said she call me in the morning. When I checked my email later that night I got a message saying "You cannot use your account, and we will close it soon" Now the message was sent before I went to the bank, but still is stressing me out. Is there anything I should do in the mean time or just wait for the call? Edit: I received an email from the banker saying, the back office is asking to confirm the checks with my grandparents. What is the best way to have them do that? Edit: thank you for all the responses, I was given a lot of helpful information. It sounds like right now the only way anything is going to happen is by them speaking directly to them. This is weird because my brother was given the same check and they had no problem with him depositing his, most likely because I told him not to use the atm Final edit: Everything has been resolved, had the bank call them [link] [comments]  |
| Family acting suspicious about savings account I didn't know existed Posted: 04 Aug 2021 10:07 AM PDT Today I got a courtesy call from a bank saying that I had to go in because the type of savings account that I had open was closing and that I needed to transfer it over into a different type of savings account. I never opened this account so I called my father asking about it. He said that my uncle opened a savings account in my name to help my credit score which I believe is a lie (right?). Then I got a call from my uncle asking the name of the person that called me. He said not to worry about the account and that it would not mess up my finances. I am very confused about the whole situation. I checked all my credit reports and everything seemed fine there. Are there any ways to see if I have any other open bank accounts I don't know about? What other things should I be worried about here? Edit: I'm 25 [link] [comments]  |
| Quitting the job I love for benefits Posted: 04 Aug 2021 06:52 AM PDT I love my job but after two years I'm worried there is not potential for growth. When I got my job It was my dream job but now it feels like I'm working for someone else's dream. I only make $15.25 per hour which I have gotten several dollars of raises in the two years I've been there but there are no benefits, there is no paid time off and I am the only employee who does my job in a small business of 7 employees including the owners. We are like a family and I love them and I love the atmosphere but it's just not cutting it financially. I have a friend who will interview me (at some point in the future when they are hiring next) for a customer service work from home position that starts at $20, paid health insurance and unlimited paid time off. I'm not sure the small business I work for will ever be able to provide such things. I'm conflicted because I absolutely love the people I work for but I am tired of living paycheck to paycheck and being screwed if I need to take a day off. Advice needed please on leaving an alternative work atmosphere for a more traditional corporate environment that will just make life easier, and how to handle telling my bosses (whom I consider my friends) that I'm thinking about leaving…. [link] [comments]  |
| Posted: 04 Aug 2021 05:45 PM PDT Some asshole hit my parked car and totaled it. I was paying 18% APR (ridiculous I know), but payments were very manageable and that was all that's mattered to me lately. Insurance paid off the remaining loan, and I'm getting $2000 back to put down on a new car. I had a few grand of savings, but covid made quick work of that. Oh and they're only giving me one stupid week of rental coverage to find a new car. The used car market is fucking absurd right now. Back when I got my first shitty loan, at least I was able to afford a close to new, well-equipped economy car. Now all I can afford is shit that's close to ten years old without even a rear view camera, and I'll still be paying basically the same price and shitty interest rate as I was before. I never missed a payment in my 2.5 years of my other car loan, or any payment on anything for that matter, and I still only have a shitty 620. I've never even gotten a credit card, so it guess that has a lot to do with it. Anyway, what should I do? Overpay on some definite shitbox that will just make me angry every time I look at my payments? Ask my dad with good credit to co-sign something with me? Buy something newer, fix my credit, and try to re-finance later? Buy a shitty $3000 beater on Craigslist? I really don't know. I would appreciate ANY advice. Finances aren't my strong suit as you can probably tell. [link] [comments]  |
| My parents want to put away $100 a month for my newborn child until their 18 years old Posted: 04 Aug 2021 09:08 AM PDT Title says it all. My parents will be setting aside $100 a month for my child until she is 18. I am fully inept when it comes to something like this. What would be the best way to save the money? The money will be untouched. Edit* used the wrong "they're" in title... its been a long night :P [link] [comments]  |
| Mortgage company forgot to include taxes in escrow when I refinanced Posted: 04 Aug 2021 03:12 AM PDT I refi'ed last year to lower my payment from 1300/month to 900/month. Not sure of where else to go, I went with New American Funding for the new mortgage company. After a few tax bills from the county, I reached out to NAF to get reassurance that they were paying the property taxes, which is required since I have a VA loan. I just got notification in the mail that the payment is going from 900 to 1400 to cover the escrow deficit that the tax bill will cause. At some point the payment will flatten back out, but it won't be the 900 payment I thought I'd have when I paid for the refi. I feel like the refinance was a bait and switch if they didn't calculate the proper costs. This feels like something the mortgage company should at least acknowledge as their mistake, and I'm thinking about contacting the VA and/or a lawyer. So what would reddit do? Lesson learned or should I make a scene? [link] [comments]  |
| Posted: 04 Aug 2021 07:30 PM PDT I made sure and triple checked that we had the address right, the rep over the phone said everything looked good, I was eligible, etc. Then I get a bill almost double what I was quoted. I reached out to customer service and they told me I'm not eligible for the promotion at my location. How do I handle this? I'd like to make a formal complaint with the right person and I'm not sure if I can even get my money back. [link] [comments]  |
| $17k in CC debt- and losing hope Posted: 04 Aug 2021 06:29 PM PDT (Just a heads up before you read this entire post: I'm not looking for "should've" comments or hate or anything like that. I am acutely aware of my situation, and I am making this post as a final cry of help. Any advice, tips, personal experience stories, or anything of the sort would be helpful, but please be gentle. I appreciate brutal honesty, but there's a fine line. This post is basically my life story and can be interpreted as a sob story or a vent, but I'm honestly just trying to explain my situation clearly, and I'm pretty much an open book at this point. I'll add a TL:DR at the end because of this. Feel free to ask me anything as well.) ____________________________________________________________________________________________________________ Background: About a year and a half ago, I opened my first credit card through Navy Federal. My husband had just been stationed a good ways away from our hometown after joining the military, and we had moved in together around 1000 miles away from our family and friends. The move was extremely hard on me. I live with high functioning (mild, low on the spectrum) Autism , and ADHD. It took me years and years to function comfortably around my friends and within the places in my hometown. Change on the level of leaving everything and basically starting from scratch tore me down. I developed severe depression and anxiety, and horrible coping mechanisms. The main coping mechanism that would help me more than anything was spending money and getting new things. At first, I tried to get a job, but my mental health made it extremely hard. I used to work as a receptionist at an Eye Clinic for 3 years, but somehow in the town we moved to, all of the receptionist jobs required some sort of college certification, or something of the sort. My experience was never enough. after filling out application after application, and getting nothing out of it, I bit the bullet and got a job at a chain restaurant as a hostess. I quit 2 months later after passing out during my shift because of a panic attack. Well, I decided to keep trying. I ended up getting 3 more jobs afterwards with the same problem. It's extremely hard for me to work jobs in loud, busy environments, which yeah, I know, most service jobs are exactly that. I realized quickly that I needed to get a college education or I would never be able to support myself. My husband being in the military is a huge help- but he's not exactly financially smart either, and I definitely needed some income. Luckily, my amazing Grandmother decided she would give me $1000 a month to help me out, under the condition that I go to college for nursing, or at least something medical. (My grandfather is a doctor and they've always wanted me to major in something medical-related. I'm interested in it, so it's definitely not by force.) She also would pay for my tuition, books, and anything else I needed that was for college. She also bought me a brand new car for my high school graduation. Needless to say, she's a godsend. The Start of the Problem: For the time being, I used my credit card for little things here and there to help me cope. Clothes, games, food, etc. I usually just paid the minimum payment not knowing how that would impact me down the road. It was never a problem until all of a sudden, my husband bought us a house, ended up financing 2 vehicles, financed us both new phones and smart watches, as well as financing an iPad for himself, and maxed out his own credit card. I ended up having to pay for most of our groceries, utilities, and my things that I already paid for myself which were my part of the phone bill, internet, and streaming service subscriptions. I ended up being very near overdrafting every month, so in a panic, I decided to use my credit card for groceries, eating out, and whatever else we needed. It made me feel so secure that I could trust a little plastic card to pay things for me, as long as I promised to pay it back "later." eventually, my coping mechanism of spending a little money turned into a spending addiction. I would buy hundreds of dollars of things I didn't necessarily need (or sometimes even want), but it helped me feel better. Otherwise, I would be a depressed wreck. Eventually, I was utilizing over 75% of my credit limit, and decided to apply for ANOTHER credit card, like an idiot. I now had 2 credit cards, both with approximately $9,000 limits. But those were, of course based on our joint income when I was working and making $16 an hour. Now I only had $1000 a month. Something about my financial situation changing like that never really clicked. I guess it finally hit me when I was paying for more with my credit card than I was given a month, leading me to maxing out both of my credit cards. My Current Situation: I'm sitting here now looking at my finances and... Well it looks like a poorly written horror story. Here are my current balances and such, for those of you who want to run numbers or give me better tips: Credit Card 1: Debt: $8,889 - Min. Monthly Payment: $195 - APR: 0% (as of right now) - All payments up to date. Credit Card 2: Debt: $8,795 - Min Monthly Payment: $170 - APR: 12.99% - One payment past due, minimum payment is $350 now. My Credit Score: 550 TransUnion / 552 Equifax (Yeah, I know, yikes) At this point, I'm almost always behind on payments. I had my credit card payments deferred for a while, but I'm no longer eligible. I got $500 on the 1st of the month. Today is the 4th, and I already only have $30 left. I've tried budgeting but I never remember to follow through, or even check if I'm within my range. It never works out. I've tried apps, making it on my own on paper, everything. I don't qualify for any type of credit card consolidation loan, and honestly, paying $6000 of interest on a $10,000 loan sounds insane to me, plus the lowest monthly cost I've seen for it was $450. That's around the same as I'm paying now, if not more, so I don't see the point. I have automatic payments set up for Credit Card 1, but if I did so for 2, I would definitely overdraft. I've had some people tell me to just file for bankruptcy, but I am terrified that they'll make me sell my car, or house, or make my husband sell his things too.. Also, I haven't told my grandma anything about this at ALL. She has no idea. I can't tell her. She does too much for me and I can't possibly tell her that even with all of her help, I'm ruining my own financial life. It would absolutely crush her. It's not an option. I can't get a job, since I start college soon with 27 hours of class time a week. There's no way I'd even be able to apply anywhere and have them hire me for only a handful of hours a week. I've been searching for a weekend job, but to no avail. I'm applying for work-study, but I'd only have 2 afternoons open a week, and its a slim chance they'd accept that. Even if they did, I doubt I'd make a decent amount of money. So here's where I ask for help. Advice. Anything, even a word of encouragement. Please. I've tried so many things, and it's just making things more complicated for me. I get so overwhelmed so easily. I've read about the snowball method, but I can barely afford to just make minimum payments, so I can't pay more into the higher interest balance. Budgeting is just a game of "what can I afford to be late paying?" I feel so helpless. I feel like a failure. I have no idea how to get myself out of this. Anything helps. Really. Thank you if you read this entire thing, I know it was crazy long, but it means a lot for you to share your time with me, even if you don't comment. ____________________________________________________________________________________________________________ TL;DR: $17,684 in Credit Card debt from spending addiction. I can't work, but receive $1,000 a month of family support. I'm starting to be late on my payments, my credit score is abhorrent, and I overdraft a lot more than I should. I need help, and I feel like there's no return. I've tried a lot of different things, but none seem to work how I'd like. Any advice or tips help. ____________________________________________________________________________________________________________ (If this post breaks the community rules, please let me know how to change it to be within standards and I will promptly take it down and change it to be within the rules.) [link] [comments]  |
| Potential landlord asking for bank information Posted: 04 Aug 2021 12:59 PM PDT Received rental application from potential landlord and on the lease agreement/contract, it's asking for my bank information (account number, routing number, type of card, limit, etc). Isnt that odd? Why would the landlord need to know my banking information? Edit: Rental application, not lease agreement Edit: Idk if it is a scam - landlord is willing to show me the place in person, he says that he owns the condo, I did a virtual viewing and asked to do an in person viewing tomorrow (pending resposne), his name checks out (looked him up on LinkedIn/Facebook)...thoughts? Edit: He said I can leave bank information off. He said this is his first time doing this so he's trying to make sure there is proof of income [link] [comments]  |
| Is the 30% Housing Cost recommendation becoming outdated? Posted: 04 Aug 2021 07:25 PM PDT This isn't necessarily for me personally, but I noticed on a thread yesterday people were telling someone making 100k/yr that a $2400 mortgage (including insurance and taxes) was too much because it was slightly more than 30% of their take home income. However, in most metro areas, a 2 bedroom apartment is that much, and if you need a 3 bedroom that's 3-4k/month when you can get a house for much less. It really seems like it's better to stretch passed that 30% if rent would eat up even more than that. You would likely be saving money and building equity in the current market. This made sense when you could get a 1 bed for 1k or a 2 bed for 1.5k but now apartments are becoming way more expensive than houses for the square footage. [link] [comments]  |
| Posted: 04 Aug 2021 03:01 PM PDT Edit: Thanks for your thoughts everyone. I realize their is no right answer and this is simply a personal decision. My wife and are are still right on top of the fence, but we also don't need to rush a decision either. I am getting a lump sum payment from my employer due to the sale of the company. I'm torn between just investing the entire thing, or paying off debt and then investing the rest. Debts: 210,000 on the main mortgage at 2.65% 25,000 on HELC at 3.99% (could lock in at 1.99% for another 12 months) Currently pay $1,500 on the principal and interest for the main. $1,000 + interest charge on the HELC. We don't owe any other money; No CC, no car loan etc. After paying the tax man on the bonus, I will have around ~$725,000. I've got a wife who is a stay at home mom and young kids; I'll be working for at least another 13-20 years, ideally no more than 18 years. Due to a divorce several years ago, I only have $~100,000 in retirement accounts right now. I realize the right answer is probably to invest the whole thing and just keep paying the mortgage monthly. But was wondering if there is something I'm not considering. [link] [comments]  |
| Not sure which offer to take.. Posted: 04 Aug 2021 12:33 PM PDT I have two job offers. 1. Job A pays $20.25 an hour, 29 hours a week. 10 PTO,4 sick days immediately.
My main concern is paying off my student loans, which right now are about $400, but in November they're going to go up. [link] [comments]  |
| Should I put money on index fund or emergency fund. Posted: 04 Aug 2021 11:55 AM PDT I'm in my mid 30s, I don't have debts beside a mortgage, I have a about 12 month living expenses equivalent money in s&p500 index fund. Do I need to build emergency fund? My thoughts is S&p500 seems relatively safe, in case I really need money I can always sell part of them and get the money within 3 days, is there a good reason I should put some money in a savings account as emergency fund? [link] [comments]  |
| Will Increasing my secured credit card amount be beneficial in the long term? Posted: 04 Aug 2021 03:39 PM PDT I'm a couple months in building my credit up, I currently have a Vantage score of 679. I have no negative marks but limited history of a couple months. I'd like to push credit history and boost my score for a potential car next year. I have a Discover secured credit card with a $500 dollar limit. I do have other credit cards with a $1000 limit(unsecured) , $250 limit(unsecured) and a $300 limit (secured). Would it be beneficial to put a much larger deposit down on my discover card to boost my credit limit on the card and overall and have the potential to have an even higher limit upon Discover's 8 month review for my upgrade to unsecured in a few months? I would be putting around 2k down(this is money that is sitting and I don't mind anyway). However would the hassle of doing this increase be worth trying to increase the limit as high as possible so when I get upgraded to a unsecured my limit will be much higher in general but potentially higher compared to the secured amount. The goal of this would be to push my overall available credit higher to boost credit score as well as give me a potential for a much higher unsecured amount with discover. Thank you. [link] [comments]  |
| Posted: 04 Aug 2021 05:56 PM PDT posted from a throwaway, cause you know, the internet. After a LOT of planning and soul searching, I resigned from my job in June to redirect my career to something more mission driven that I'm very passionate about. I'm using money saved for retirement but want to make that last as long as possible. here are some relevant details: - Live in the US, late 40s, married but spouse doesn't work. Kid in public school. Cobra for a year from my prior job. - I have budgeted 3 years of burn, but if I can't get out of the red by the end of year one I'm going to reassess and get a new job - the other two years of savings are emergency funds. - Will be billing new b2b customers / clients through an LLC - there is a non profit related to this that I'm setting up as well but intending to run that with funding. Yes, I've run startups before but not in the past 10 years. - Savings are in a brokerage account - I had liquidated a lot in Jan 2020 and have been holding cash because I wasn't sure what my plans would be. - We have a house with a mortgage, basic monthly family expenses, no other major expenses planned. we don't live large. - Finally, I've launched publicly and the interest has been really strong! I'm cautiously optimistic - one month in and I already major proposals out. I'm getting a lot of support from major people in my field. So here's the big question: All of the research and talking I've done with people have led me to believe that the safest thing is to keep the funds in cash (vs investing and possibly losing with no income at the moment), but I'm hoping the hive mind can help me with additional strategies. thank you!!! [link] [comments]  |
| 20 year window. Age 40-60 retirement strategy?? Posted: 04 Aug 2021 01:06 PM PDT I am approaching my 40's. My retirement situation is pretty nonexistent. Here is a small breakdown Salary: 77k annual- Retirement (Fed TSP 6% account / FERS) Second Income: VA-Comp 14K (no tax) I have a infant child and less than 20k retirement, less than 10k investment and less than 10k savings. Any strategy to start me off on a well rounded budget to account for retirement? I understand I may work longer but just wanted a realistic 20 year goal/plan. Breakdown and percentages appreciated. Thank you. [link] [comments]  |
| Struggling college student w debt, thinking about utilizing 401k funds - would appreciate advice! Posted: 04 Aug 2021 05:22 PM PDT Hi all, just humbling reaching out for advice here. I am 24, and about a year out from finishing my bachelors. I have been working for my current company for 2.5 years and investing into my 401k with my employer for that time. Just as I started my adult life, I was forced into some unfortunate circumstances that left me with a lot of credit card and medical debt. I have been slowly and painfully chipping away at it, but without the possibility of extra income I have been struggling to manage it. For my personal situation, I am considering using a portion of my 401k balance to pay off the high interest credit cards. This past year, I have moved back in with my dad, and it is the first year I have been able to start saving. My current financial situation looks like this: Monthly income: $2000 Expenses (including car payment and credit cards): $1400 401k balance is at $8,000 Credit card debt: $9000 Medical debt: $2200 (sent to collections, not worried about paying this urgently) I am desperately trying to take care of the credit card debt, first and foremost. Each card has an interest rate hovering around 18-24% APR. I would like to withdrawal $5200 from my 401k to put wholly towards the credit card balance, and I can still focus on accumulate cash for my savings. I am in a low tax bracket (12%) and have calculated the total cost of the withdrawal to be around $1100. Do these calculations sound correct? Looking at the bigger picture for me, I feel that I am young and still have a considerable amount of time left in my journey to retirement that I would be able to max out contributions at another point in life once I am financially stable to recoup some of the losses of this withdrawal. I find that the taxes and fees would be comparable to what I am paying in interest every month. It also gives me a mental break from worrying about my inability to get back to a place of good financial health. Would anyone be able to talk this out with me? Thanks in advance. [link] [comments]  |
| Questions Opening a Joint Checking account with fiance Posted: 04 Aug 2021 07:34 PM PDT Hey All,. My fiance and I are looking to open a joint checking account once we're married in a few months. Wanted opinions on how others split finances We were planning on each keeping our existing checking accounts. Every pay period we dump a percentage into the joint and some into our personal . Our monthly joint expenses are fairly consistent However, I've heard of others combining both paychecks completely into the joint each month as if it's a total combined income and each person can dip into that. [link] [comments]  |
| Stable Mediocre Job or a Better Job At an Untested Startup? Posted: 04 Aug 2021 07:33 PM PDT I'm in my 30s and I've been looking for my "big break" into a job full of opportunity. I currently have a stable advertising sales job at a company. I just started, and I'm making 24,000 per year. I'll be making more as I land more accounts and grow my commission pool (7.5-10%). I have health insurance. I now have a chance to join a CBD startup that is on year 3. They seem very professional (the owners come from high powered pharma backgrounds) and it would be exciting to be a part of a rapidly growing industry. They said some impressive numbers on earnings and growth each year, but I haven't necessarily seen proof of that. The job will pay about $52,000 per year minimum, and they are going to give me $500 towards health care each month (they said they don't have health care set up yet, but they are planning on tackling that in the next year) I'll be buying my own health insurance or joining my spouse's. Rather than a simple sales job, this will be a good challenge as a sales and operations manager. Plus they're offering a $2,500 sign on bonus. I'm really scared that this new job is too good to be true, and I don't know how worried I should be about the lack of health care and the fact that it's a startup. Can anyone with experience help me think this through? [link] [comments]  |
| Posted: 04 Aug 2021 05:15 PM PDT When I paid off my credit debt I took on the advice to pay my bills on credit to get benefits- plus, it's nice not having any bills hit my account directly on months when I have big purchases! My new apartment takes rent payments on credit cards with a fee, and I'm wondering if there's a card that has perks lucrative enough to make the fee balance out. I currently just use my super standard no fee Discover for everything, but I'm interested in possibly getting a card specifically for benefits. [link] [comments]  |
| How much emphasis should I put on a company’s stock price/earnings when assessing a job offer? Posted: 04 Aug 2021 07:19 PM PDT Interviewing for a publicly traded company, really like the position, people, salary. Everything immediate to my day to day. The biggest glaring red mark is the stock price and performance. It's been pretty down and there has been stuff in the news about executives and some unhappiness by the company that owns a majority of the stock (I believe that's who is publicly voicing frustration). I just don't know what to think of all of it. The job is a huge salary bump and is far better job experience long-term but I don't know if it's a safe company to work for. They're hiring multiple positions nationally and have long term strategic goals relevant to the department Id work for. What are your thoughts? Been in any similar situations? [link] [comments]  |
| My sister and her girlfriend fell for a rental scam and lost $4,200 Posted: 03 Aug 2021 07:31 AM PDT I originally posted this for advice seeking, but there's nothing they can do. Instead, I thought I'd repost as a PSA. My sister (28F) and her girlfriend (33F) were desperate to find a rental house in the PNW. They ignored the telltale signs of rental scams: too good to be true pricing, unable to see the inside of the property, poorly constructed emails from the "owner" (who claimed to have recently transferred to Chicago for his job and was "just looking for someone to keep an eye on the property"), and the most glaring issue - he would only call them from a number with a 675 area code...which isn't an area code in the US. Long story short, their desperation clouded their judgement. They called me yesterday afternoon in a panic, saying that the "owner" told them he was in a contract with a property management company and they needed to provide an additional 6 months of rent before he would "mail the keys". Trying to get them to see the light (they didn't believe me when I told them they got scammed), I did the following to build my case (in addition to mentioning everything above):
They provided copies of their ID's and SSNs on their "application", so I had them freeze their credit and contact Wells Fargo to report the fraud. Outside of doing that, I told them to absolutely not send any more money to this person. They're embarrassed and still aren't convinced they got scammed, so for now I'm just going to offer emotional support to them and be kind. They're absolutely the last people I would expect to fall for a scam, so it really is true that it can happen to anyone. [link] [comments]  |
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