 Is it illegal for a bank to cash a check before the date marked on the check? |
| I wrote a check to my brother dated for the 28th and his bank cashed it on the 27th. I have the cancelled check and a copy of my statement showing an overdraft fee due to this mishap and am planning ... |
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 How are some good ways to make money? |
| My friend isn't good at keeping money so he wants an easy way to make good money. Any suggestions?... |
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 Do banks cash checks? |
If I bring in a paycheck to a bank, can they cash it for me in bills? thanks
Additional Details
Does it matter if the only account you have open with them is a savings account?
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 Which should I try to pay off first: car or student loan? |
| I only have two debts--- my new car loan that is still at about $24, 000 (8-9% interest 72 months) and then my student loan that is about $6,300 (10.25 % interest). I am making the minimum payments ... |
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 Do any of you have financial problems? |
| I have financial difficulties, and somtimes I feel like I am the only one that does. Do any of you have financial problems, or is it just me? I have horrible credit, and can't open a checking ... |
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 My husband is ruining my credit while we are going through divorce.? |
| I filed for divorce back in April. My husband was the person who paid the huge bills such as our mortgage. He is now behind on the mortgage and it's showing up on my credit report. He has ... |
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 How do i get out of debt quickly and before 2010??? |
| hi im a 20 soon to be 21 year old male who is need of a debt solution and bankrupt is not one of the ideas i had in mine..........my main deal is my credit and debit accounts.....i need a solution ... |
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 Which do you think is better for my goal to buy a home? |
| My credit rating is not that great. However I do have some money stashed away for a down payment. Should I pay off all my bills with the money or pay off the bills over a period of time keeping the ... |
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 If you inherited $1,000,000.00 (one million) dollars tomorrow, what would you do with it? |
I'd:
1) pay off my debts;
2) help any friends or family who needed help;
3) buy a house and one of those little sporty Mercedeses;
4) give some away to charities;
5... |
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 What's the best way to adapt to going from weekly pay to monthly pay? |
| As in... I'm an agency worker, get paid weekly now… Going to be promoted and made staff and will then be on monthly pay... Already find thing financially difficult... What the best way to ... |
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| When can i get a debit card? |
Can i get a debit card now when I'm 16 without my parents permission ? I go to school and don't work ...but will be soon.
do u think i should get one ?
Additional Details
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 Should I pay 10k off my mortgate now or wait til my low fixed rate ends then do it when rate is higher? |
I have 10k to use to pay off part o my 72k mortgate. I am currently on a fixed rate which ends in September. I expect when I remortgate I will be on a much higher rate.
Is it better to pay the 10... |
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| What are some of your money saving tips? |
| I'm wanting to save money for a down payment on a house. Please tell me some of the things you do to live frugally/save money.... |
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 If the bank screwed up and gave me £500 which I spent, do I have to pay it back? |
I am with Ulster Bank in Northern Ireland. Im currently studying in Scotland and so I called them and asked them to transfer all of the money in my current account into my student account.
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Gosh | We missed a Mastercard payment by nine days. Interest went to almost 30%! Pay it off or eat it? |
We have had this card for more than fifteen years! I thought that such rates were not legal. So much for big business. I hope that all readers will remember this note when looking for a credit card company! |
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Bob Smith
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With an interest rate so high, you should ALWAYS pay off your balance. If it means budgeting your money more dilligently, do so, it'll be worth it in the longrun. |
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Dominique P
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Call them and politely explain that you have been a loyal customer for fifteen years. Ask them to reduce the rate back to what it was. If you are a good customer this shouldn't be a problem. If they won't do it, pay it off as fast as you can and close the account. |
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bunnygurl
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If you have had the card for this long and its your first missed payment, call them. Most places will waive a first time charge since you are a loyal customer. Carefull too, as many places will CONTINUE to charge you interest on all new purcahses for 3 months even if you pay your current balance off, so make sure this is not one of those companies that do that, if so, you will have to "pre-pay" the card to avoid that. |
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*Almost ready*
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Pay it off and close that card. That is how ALL credit card companies are. Once a payment is late, for even a day or two, the interest sky rockets. They don't care about your reasons or even if it will never happen again. They care about their money and just wait for you to forget to pay it on time. That is where they get their money~~through the interest payments. |
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Pengy
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Pay on time for 6 months and it will once again reset to a lower rate. It is the new profit making rip off that has been circling around for a few years. I remember when credit card companies had a 5 day grace period. Now inspite of the fact banks are open 7 days a week if your due date is on a Sat, or Sun better have the payment cleared by Fri or you get charged a late fee. Usually around $30-40, then if that puts you over limit another $30-40. Been there done that, finally paid them all off almost. And they have the government, as in our reps, and senators, in their pockets, hence the change in the bankruptcy laws. |
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Marie
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Pay it off and cut it up! That is robbery! I believe in profit but not robbery! How awful! |
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Franco
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I am amazed the you have a credit card and do not know its interest rates. Pay it and learn your lesson. Eating it may choke you, and worse, will ruin your credit score. |
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Ask M
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nice uh !!!! Mine did that, I paid it off as quickly as I could
and got rid of it. I think it is time for the Class Action Attorneys to start suing them again. I think people should
start reporting the interests rate increases to the Federal Trade Commission. |
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bud68
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No only is it legal, but some credit card banks will jack your rate up even if you've paid them on time but you're late on some other creditor's account. They then consider you a riskier borrower. All you can do is pay it off and not use it anymore. If they're charging annual fees, close it. |
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Larry M
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Yes, you need to pay it off as it will work against you as a hit against your credit rating. Also, you don't necessarily need to stay with this version of Mastercard. Many financial institutions have standing agreements with credit card providers that can affect the lending rate. It's possible to find another Mastercard/Visa card with all of the same limits, privileges and perks at 1/3 the lending rate.
As an additional level of protection, secure a personal line of credit for such times. This way, if you find yourself short, you can cover the card payment and pay off the credit line later at a much reduced rate. |
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sporregar
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Not illegal. You didn't read the fine print with your card membership agreement. They can raise your interest rate whenever they want if you miss any sort of payment with anyone, even your other bills or credit cards.
Pay your bills on time and your credit cards in full each month and you have nothing to worry about. |
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Bronson
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Credit card companies are the scum of the earth. Pay cash, and keep just one of those satans for emergencies and rentals and stuff. |
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Steve R
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You could contact them and explain nicely that it was a one time thing and ask to reduce the rate to what it was before.
If you get mad, then you lose. |
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Cindy B
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Call them and ask them to forgive one late payment. It worked for us! They don't have to, it is in the contract, you were supposed to pay on time... But I absolutely agree it is highway robbery for a nine day error once in a decade or two. If you pay off every month anyways they know you can just go to another company easily and the person I called didn't even hesitate, she just waived the interest change and the late fee. (I was only late by 3 days I think.) |
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Nathan K
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Unfortunately many credit card companies are doing this these days. They sneak it into your "Change to Your Credit Card Agreement" things you get in the mail. One of things they're doing is that if you are delinquent in any payment, they can adjust your rate (and the sky is the limit).
In addition to that, these days, the credit card companies are sharing information with each other so that if you're delinquent on ANY credit card payment ANY credit card company can adjust your rate.
Since you've had this credit card for 15 years+, I would pay it off but not cancel the credit card, because credit history length is a large determining factor in your credit score. Just don't use it again or be disciplined enough to pay off the entire balance at the end of the month.
If you've been a faithful customer to this bank, you should call them and see if you can't get your rate lowered. Threaten that if they can't, you might have to get a different card and transfer your balance to the other card. They hate it when you say that. I bet you can get it lowered. |
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