Personal Finance Caught fraud on my card immediately and reported it and now Credit Card company is saying the purchases were valid |
- Caught fraud on my card immediately and reported it and now Credit Card company is saying the purchases were valid
- ProLifeTip - Get some life insurance, have a will, get financial house in order!
- Dad injured at work, work dragging their feet handling it and the hospital keeps sending increasingly urgent bills.
- Completely starting from scratch at age 25, what should I do?
- Someone's filed for unemployment under my name and ssn
- I want to ask my employer to pay down my student loans. How would they do it?
- I feel like a bum for my age at 25 years old.
- If I’m looking to buy a house in 3-6, is it dumb to save money in the market?
- Going to a dealership tomorrow AM for the first time to potentially buy a car. Any last minute advice for dealing with car salesmen/dealerships?
- Pellet stove tax credit?
- College Senior Having a Panic Moment
- I feel like I’m suffocating and living beyond my means. Is bankruptcy my best option while I’m young?
- Invest Vs Pay down student loans?
- I need advice to improve my financial situation
- I’m soon to get around 5k from a life insurance policy. What’s the best way to go about spending it?
- How do I break free from payday advancement apps?
- Should college student 1 month seasonal job be put on resume?
- Should my wife and I buy our first home right now?
- Should I (23) open a Roth IRA if I might be getting fired?
- Clinic sent me a bill after paying out of pocket
- In 4 days I can sell my shares after my old company IPO'd about 6 months ago (SEC Laws)
- Trying to get out of debt
| Posted: 11 Sep 2021 09:09 AM PDT Not sure if this is the right place to ask for advice but I'm fuming.
What recourse do I even have? This feels like Twilight Zone levels of stupidity. I know credit card companies and fraud departments WANT your money so it's incentive for them to decide that you really did spend the money but the reasoning of, "Well, they had your personal info" feels like such a head in the sand reasoning given the current state of "privacy" online. UPDATE: After digging into Credit Card statements and making some phone calls. -Looks like I never received the refund from the "production company."-Looks like the "production company" that sent the invoice was the original scammer. I got in touch with the actual production company whose name they borrowed and the owner was frustrated and apologetic, this has apparently been happening to him a lot.-Looks like my best next steps are filing a police report and going to the CFPB. Thanks all. [link] [comments]  |
| ProLifeTip - Get some life insurance, have a will, get financial house in order! Posted: 11 Sep 2021 06:05 AM PDT I don't know what has been going on lately, if it is Covid or something else, but there appears to be a sudden increase in questions involving deceased family members and what to do now. I get it, if you are single, in debt then this may not apply - but at least have a "kick the bucket" file/folder and let someone know about it. Then there are no questions as to what you wanted and what you had. If you have responsibilities (assets, family, businesses, etc.) there's no excuse for you teenage child coming on r/personalfinance to get advice on what to do next after your "sudden demise".
You don't need to leave behind an inheritance the size of a small country, but taking care of the remaining house mortgage, or the kids college education or even just 5 years of your take home salary will mean so much to the ones you left behind. If this helps just one person, I'm glad I took the time to write it! Good luck, stay safe, and remember our legacy lives on well after we are gone! Edits-spelling/grammar errors…not enough coffee this morning. [link] [comments]  |
| Posted: 11 Sep 2021 10:57 AM PDT EDIT 2: It's become abundantly clear that this is a legal issue my family is going to have to contact someone over. Someone said that a lot of work-comp lawyers can at least consult with us for free, and that's probably going to be our next step. My mom's biggest fear is that my dad will be fired once we start trying to actually fight back against this. I agree that it'd be a REALLY risky move on his employer's part, but obviously they already don't run the cleanest ship. Thank you everyone to all the advice you've given thus far! I'm gonna try and give as much information as I can, but everything I know is what I've overheard from my parents talking about this. My dad was injured at his workplace a few months ago, and I'm fairly certain he was told by his workplace to go to the hospital, and it was understood they'd pay the medical bills. Then awhile later, we get a surprise bill from the hospital for work done directly related to that injury. I believe my parents sent that bill down to HR at my dad's workplace, but now its September and we get another bill for the same exact amount. This time it's urgent. (We've gotten this bill several times at this point, but I've forgotten the exact details of the back-and-forth up until this point. I thought they had it handled, and for mental health reasons I try to ignore my parents' issues and focus on myself.) For some more context, my dad's workplace is pretty damn shady and they cut a lot of corners to save money. I'm not quite sure if this is sheer incompetence on their part or if they're refusing to pay it. I'm not familiar with the legality of what's going on, and neither are my parents. This is happening on a Saturday so there's not a lot of people we can call or places we can drive to sort this out. My best guess is to call the hospital and explain what's going on, but does anyone else here have any advice? My mom's also worried this whole situation is gonna get my dad fired because of the """mess he's causing""" his employer. He's a mechanic for a garbage collecting company if that helps. EDIT: Dad filled out workman's comp, but mistakenly gave the hospital HIS insurance card. The injury occurred in May, and there's been a back-and-forth since then. [link] [comments]  |
| Completely starting from scratch at age 25, what should I do? Posted: 11 Sep 2021 03:36 AM PDT I have no college education, I live with my parents and I work 13 to 14 hours every day. I take home about 1.5 to 2k a week, and spend 500 each month of rent, bills, and groceries. The rest just goes to my savings. I have no fucking idea what to do with my life, and just the constant grind is starting to get to me. I'm at the lowest point of my life and I'm constantly having suicidal thoughts every day. Literally the only thing stopping me from doing anything stupid is work. What should I do so I don't have to put in so many hours. [link] [comments]  |
| Someone's filed for unemployment under my name and ssn Posted: 11 Sep 2021 06:12 PM PDT Hi, I received a letter at my home stating that my unemployment request in Kentucky was rejected. Now I never lived in Kentucky and have never worked there. The form seems to have ***-**-1234 (basically my social listed with the first 5 digits as "*") and my name and number on the document. I did check my credit report on two locations tonight an do not see anything on any report. Looking for advice, I could go to my local police but they have nothing to do with Kentucky (a whole different state). I documented it and sent an email to the appeal address that was on the document. Any advice would be much appreciated. [link] [comments]  |
| I want to ask my employer to pay down my student loans. How would they do it? Posted: 11 Sep 2021 05:47 PM PDT https://finance.yahoo.com/news/employer-pay-5-250-annually-190007628.html One of my friends sent me this which is news to me. My question is if I were to ask my employer to use some of my salary towards my loans and they say "ok how" I wouldn't really know the next step nor whom to ask. Can anybody point me in the right direction? Thanks!! [link] [comments]  |
| I feel like a bum for my age at 25 years old. Posted: 10 Sep 2021 09:02 PM PDT Hey guys I can't find a fucking job and only have about 5k saved or invested and 30k of student loan debt with a business management degree. But I do plan on putting 50-80% of my income aways whenever I get a job, through 401k, roth and my broker account. I just feel like I am behind the curve at 25, also my student loan debt is all government EDIT: THANK YOU SO MUCH EVERYONE, THIS IS ALL MOTIVATION FOR ME! [link] [comments]  |
| If I’m looking to buy a house in 3-6, is it dumb to save money in the market? Posted: 11 Sep 2021 06:46 PM PDT I'm currently saving around 20-25k a year in my investment accounts (after maxing out 401k and IRA). I'm looking to purchase a house in 3-6 years, but I'm a bit flexible. I think my goal savings amount is somewhere around 60-120k for the down payment so I should be on pace for that. Would it be dumb to continue to invest this money in the market given that I'm relatively flexible? [link] [comments]  |
| Posted: 11 Sep 2021 07:58 PM PDT Have a loan already thru my bank, and won't be trading my car in (brother just turned 16, so it's going to him.) never bought from a dealership and have been doing as much research as I can, since I'll be going alone and don't want to be taken advantage of, but would love any last minute advice! [link] [comments]  |
| Posted: 11 Sep 2021 05:49 PM PDT There is a tax credit you can get for installing a pellet stove in your house Biomass Stove Tax Credit I plan on installing two pellet stoves in my house and they will be two separate bills. Can I claim the credit twice? [link] [comments]  |
| College Senior Having a Panic Moment Posted: 11 Sep 2021 01:18 PM PDT Just gonna swallow my embarrassment because I did this and I don't feel like making a throw away. Please be kind in your replies- I've had NO financial education beyond the little I've learned already, and my parents are not good fiscal examples. I'm panicking quite a bit because I'm scared that my student loans are going to keep me in the place I live currently, and I'd like to move to a different state ASAP. 21F. Senior in college. I'm gonna throw out a breakdown of my month to month expenses, then my student loans, then my income info. Please give me any and all tips to cut back on spending and start saving more than I've already tried to. It's my goal to be able to move from the midwest down to Florida before next winter, but if it takes until Spring of 2023 I'll be sad but fully understand that my financial situation is my own fault. I'm hoping to buy a house down there so I can pay an actual mortgage, and not just the rent equivalent. I don't think I'll have anyone else to help me pay for that at that point. Bills:
A note on the CapOne card- I moved at the tail end of July, and racked up about $875 on that card in the process because I thought I was fiscally prepared and was wrong. In a normal year that card's balance is less than $100, and it gets paid off every single month. Income Streams:
My apprenticeship is supposed to turn into an actual salaried contract at the end of it, which should be in the next three months. Glassdoor is ballpark estimating 77K per year, but I'm not sure how much I trust that estimate. Student Loans: I've been thinking about using the avalanche method because I think it's going to be the most effective and satisfying route, but I'm open to suggestions. Also, I realized I f'd up by using Sallie Mae for five semesters- I no longer use them to finance anything. I just didn't know any better.
Although I do think that it may be better to try and consolidate the Sallie Mae loans at least through a local Credit Union. I have a good relationship with them (have had and paid off loans in the past, and am currently attempting to finance a new-to-me car through them). My questions are should I look into refinancing SM loans so I can get lower interest rates, if so what rates should I aim for, and what repayment method might work best? Also if there are any other streams of income I should look into please let me know! I'm on Rover but don't have any income from it yet. Also, any big financial roadblocks or things I should save up for for a multi-state (US) move? TL;DR: I'm panicking over all of these really big numbers and don't have anyone close to me who can give me good, practical advice on how to handle this without working myself to death [link] [comments]  |
| Posted: 11 Sep 2021 04:06 PM PDT I (22m) am in a considerable amount of debt for my income. I make $15 an hour at my full time retail job. My rent is $815, I pay my own electric (~$100 monthly), internet, car payment is $475 (long story as to how I got there. Short version: I was in a bad spot, needed a car, didn't have cash so I financed one. Didn't realize how long a car loan actually is in the grand scheme of how fast (my) life changes(/d) from 18 to 19 to 20). Insurance is $125. I pay my own phone bill which is about $80 between service + device. I pay all my own bills other than just those - health, vision, dental, all through my work (though come renewal I'm going to shop for something else). I have 6 credit cards (2 @ 1,000 and maxed, 2 @ 700 and maxed, 1 at 400 and maxed, one with $0 balance). When it comes down to monthly expenses, when variable expenses like gas and groceries are taken out, I find I have almost no money left to survive day to day. I almost have no money to buy gas and groceries, or I have weeks like this where I have to choose between gas or groceries, and sadly gas is what can get me to work. I hate living like this, especially at 22. My car is brand new but I don't give a fuck about that. I haven't been able to use any credit cards since I maxed them out at 18 and haven't had any extra money since then to pay them off. (Ive been on my own since 16 essentially. I spent everything I had moving away to college when I was 18. Loved on credit cards for a while. Then I've been working paycheck to paycheck and haven't been able to build up any kind of savings in the 4 years since. I dropped out of college so I have no education). Would bankruptcy be my best option? I'm 22, so by the time I'm 30 it'll be gone from my record right? It'll get rid of my $30K+ car loan I DONT fucking need and can't afford (SERIOUSLY IF YOU ARE A YOUNG ADULT PLEASE DO NOT FINANCE A CAR - both the new and used car loans have been terrible for my financial growth). Bankruptcy would erase my (albeit small in comparison to some) credit card debt. I don't have a lot of medical debt but I'm about to have a $900 ER bill go to collections when I don't pay it (because the money quite literally does not exist). I feel like it'll take me longer than that just to pay all this shit back, and even once it's all paid back I'll have to wait til then to know if I'm even able to start building up again (or if shit is just gonna keep piling on and growing like it is already). The stress is starting to make me sick. I can't afford treatment for my undiagnosed mental health disorders. I have a titanium bar in my chest that I definitely can't afford to get taken out. ($600 for an appointment with the surgeon). I've been sobbing all day because I'm so worried and stressed about my finances and my health. I'm torn between giving everything I've worked for up and moving back home, to cut my rent out and use that money to pay everything off, or just giving it up with bankruptcy and starting over, but still keeping my job (trust me - cannot find that kind of pay where my parents live. Especially not at the kind of job I work, it's easy for retail work). I've also thought of just looking for a higher paying job, but im so under qualified. I don't have any college education and I can't even fucking afford community college. Please no judgement. I already beat myself up enough over my bad decisions. I never had anyone growing up to teach me financial responsibility. I hate that I never took initiative to learn. [link] [comments]  |
| Invest Vs Pay down student loans? Posted: 11 Sep 2021 05:14 PM PDT I have 50k I was planning on using to pay down my student loan debt but now reconsidering if I currently have private student loans of 153k at 3.2% interest and am paying 3k a month. At that rate I'll be done in 2026. Frankly I was disappointed to see that I'd cut down only about 1.5 years if I paid off the 50k lump sum. Been working really hard reaching debt freedom and this is the last hurdle. I'm not interested in day trading or individual stocks as I'm not knowledgeable enough yet. Since the market growth is typically 7% it makes more math sense to invest but there is also the benefits of being debt free sooner so we could buy a house etc Anyone else have a similar predicament? Would appreciate others perspectives [link] [comments]  |
| I need advice to improve my financial situation Posted: 11 Sep 2021 08:10 PM PDT Hello everyone, I am not sure if the post is totally appropriate but I wish to give out all the details about my financial situation in order to get the best possible advise and set out to be debt free, I will appreciate all your insight. I am not from the United States however, I will just convert everything to USD$. English not the main language so I do apologize for any typos. Me: 23 y/old - IT Analyst / Wife: 25 y/old: Human Resources Analyst // We have college education and are in a "decent financial position" compared to a lot of people our age, but we are far from good. My income: 850$ Monthly (400$ Bonus every 3 months) Wife: 500$ Monthly Other income: 150$ House I have rented out Total aprox income monthly income (Dividing bonus on a monthly basis): 1,600$ and after taxes it goes down to 1450$ Savings: Savings account 1: 750$ Bank certificate (Freezed up as loan warranty): 8,500$ Debt: Car Loan (Attached to Bank Certificate): 5,200$ (3 years left of payment) Loan 1: 500$ Credit Card 1: 650$ out of 650$ (Maxed out) Credit Card 2: 275$ debt out of 325$ (50$ Available) Credit Card 3: 475$ debt out 475$ (Maxed out) Credit Card 4: 160$ debt out of 500$ (340$ Available) Credit Card 5: 100$ debt out of 200$ (100$ Available) Monthly Expenses: House: 280$ Groceries: 250$ Car Payment: 200$ Car Gas: 90$ Loan 1 Payment: 70$ College Expenses: 60$ House Internet: 50$ House Water/Garbage/Electric Bill: 35$ So these are kind of my current fixed bills which leaves around: 400$ to pay off Credit cards and keep up with constant miscellaneous like car repairs, entertainment. I reviewed by statements and realized we have a serious problem ordering Uber eats, so our groceries expenses may increase as we are to start cooking in more frequently. But I still see us going downtrend on debts and I would like all advise I can get on where to focus to avoid going further down this path, also I need this cleared because as our financial situation get where we want it (debt free) we want to focus on creating the proper saving to start having children. I'm not sure if I missed anything, please feel free to ask. Thank you for your time reading this! [link] [comments]  |
| I’m soon to get around 5k from a life insurance policy. What’s the best way to go about spending it? Posted: 11 Sep 2021 07:46 PM PDT So, I'm a recent high school graduate and will be attending college in less than a year. My mother recently passed from COVID, sadly, and after funeral expenses and whatnot, I will be receiving 5k from life insurance. I come from a pretty low class family, so this is a lot of money to me. Because of that, I'm pretty overwhelmed and keep stressing out over how best to spend it. My plan at the moment is to spend about 1400 usd on a new computer for college, throw 2k usd in a high interest savings account, spend a couple hundred in certain necessities I might need…and I can't think of a reasonable way to spend the rest. My main problem, however, is that I feel like spending a lot of it on a computer isn't a good way to spend money, mainly because that's what my sister told me, but idk. I could really use some personal finance advice. [link] [comments]  |
| How do I break free from payday advancement apps? Posted: 11 Sep 2021 07:42 PM PDT These things are a curse and keep hurting me. I'm in what seems like a never ending cycle of payday advancements from Dave, Brigit, moneylion etc. I feel like I'm in so deep at this point when I'm finally trying to get my personal finances in order. Any tips besides just not paying them? Thanks! [link] [comments]  |
| Should college student 1 month seasonal job be put on resume? Posted: 11 Sep 2021 12:38 PM PDT As my last summer before moving to college was coming to an end, i took on my first paid job even with only a month left before moving cities and starting school. If I want a job during my time as a student, should i put this 1 month worth of retail experience on my resume or stick to my volunteering opportunities during college? [link] [comments]  |
| Should my wife and I buy our first home right now? Posted: 11 Sep 2021 04:46 PM PDT I am 30 years old, wife is 28, and we have a 9 month old son. My wife just graduated from PT school in May and has been working since July. She is salaried and makes $70,000/year and I make roughly $50,000/year. We have been living in my parent's master suite that they initially built for my grandparents before they passed away while she has been in grad school for the past 3 years. We have our own small living room, bedroom, and bathroom and the suite is attached to the kitchen. My older brother is also living in the upstairs while his house is being built. There are times when it does feel crowded and where we don't have ALL the privacy that we would like, but for the most part my parents are very good about respecting boundaries and giving us our space. My wife has really been pushing for us to buy a house. I would love to have our own place as well, but with the way the housing market is right now I don't want to over-pay for a small starter house and then be trapped in it or be forced to sell it for a loss if the housing market corrects in the next couple of years when I anticipate our family will grow some more. My wife has expressed that she "really just wants our own place" and I feel as though she wants to buy a house because that's the "next step." The other issue at play is that we have $90,000 in student loans from her undergrad and grad school combined. Is it absurd for us to even consider buying a home right now? Would renting be more appropriate? If it were up to me, we would just stay at my parents house for 1 more year and pay off all- or most- of our loans. But unfortunately I don't think that is going to be an option. Also, for what it is worth- we love in north GA and we have $15,000 in savings and both of our cars are paid off. I contribute $500 a month to my Roth IRA and $600 a month to our HSA. I also have $25,000 in an individual Fidelity account and 6% of my income goes to my work 401k to max employer match. Any advice would be much appreciated. [link] [comments]  |
| Should I (23) open a Roth IRA if I might be getting fired? Posted: 11 Sep 2021 04:08 PM PDT Might possibly get fired from my work soon. Until recently I have been considering opening a Roth IRA. A little about my situation:
I know this is an extremely stupid situation, but should I still open a Roth IRA? I know you need to list an employer in order to even open one, so would being fired shortly after opening an account affect it? [link] [comments]  |
| Clinic sent me a bill after paying out of pocket Posted: 11 Sep 2021 06:20 PM PDT I recently went to American family Care clinic for my covid symptoms last Sunday. I paid them $175 to be seen and the Dr literally did nothing but check my weight and blood pressure, listen to my lungs, and did a covid test. She barely even wanted to prescribe me any medicine. So I went to check my mail today and I see a bill from them claiming I owe $343 for "Sars-cov-2 amp". I'm completely lost and have never received a bill after I've already paid a clinic to be seen in the first place especially if they didn't do anything. [link] [comments]  |
| In 4 days I can sell my shares after my old company IPO'd about 6 months ago (SEC Laws) Posted: 11 Sep 2021 02:21 PM PDT But I have some questions and I'm curious what y'all would be thinking about if you were or have been in this situation. Some background info: 1. It's a low-volume trading stock (~15k shares avg volume) 2. It's a pharma company so generally a higher risk item (drugs can fail) 3. On the avg day my shares range in value from $85k to 100k 4. I have 2 loans: 4a. College Loan: 8 years left on the loan, around $80 interest accrues monthly, $21,189 left in principal 4b. Car Loan: 5 years left on the loan, around $80 interest accrues monthly, $26,705 left in principal 5. I have "excellent" credit, scores are ~770 when it was pulled a month ago 6. I am 29 years old, I make $90k salary and upwards of $50-100k in consulting side work Questions: 1. Would it be intelligent to sell enough shares to pay off my car loan and college loan? It would eliminate over $12k in accrued interest, but unsure exactly how much this could hit my credit. 2. When I decide to sell (lets just assume I sell 100% at once for simplicity sake), what would be some options for investing that you would consider? Lets say it's $100k. How much would you diversify the funds post sale? So torn on this aspect. [link] [comments]  |
| Posted: 11 Sep 2021 08:45 AM PDT So I (37 years old) am in a pretty decent amount of debt. I've never been good at budgeting or money management and I am really actively trying to finally fix that. I recently took out a personal loan to consolidate my debt but I screwed up the numbers and didn't take enough money. The plan was to only have that one loan payment but now I have that plus the 2 cards I didn't get to pay off completely. That leaves me in a really tight spot and now I'm worried I won't have any money left after I pay bills. I really want to take money from my traditional IRA to just pay off the debt and be done with it but I know the taxes and penalties will end up costing me a lot. Can anyone help guide me on if it is worth the fees? Has anyone done this and had success? Im less worried about my retirement future than I am about my current financial situation. Edit: Credit card 1,950 at 11.24% Care credit 3,800 at 26.99% Car loan 14,500 at 4.4% Student loans 20,300 at 4.8% Personal loan 19,300 at 11.24% Rent $976 Gas is variable, right now about 15/20 a month but will be more in winter Electric 40-50 monthly Internet 60 Phone 129 Car Insurance 405 every 6 months I bring home about $1600 biweekly [link] [comments]  |
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