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Hadlock posted:Where do the baristas at starbucks, the gas station attendants, the guy trying to sell you on the replacement plan at Best Buy live? With roommates
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Sep 28, 2015 00:53
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El_Elegante posted:Also, rewards/miles can be good. However, there's definitely behavioral economics research out there suggesting that merely owning a credit card can induce you to purchases you wouldn't otherwise make. Blinky2099 posted:Citibank double cash
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Sep 28, 2015 01:21
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waloo posted:What's a 2% card on everything? I feel like I have missed that one somehow. Citi Doublecash (MasterCard)
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Sep 28, 2015 02:01
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Hadlock posted:Where do the baristas at starbucks, the gas station attendants, the guy trying to sell you on the replacement plan at Best Buy live? I read an article about this, they live 2 to 4 hours away to the north and east and commute because lol gently caress the poor this is google country!
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Sep 28, 2015 05:23
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It's super illegal to build any sort of apartment building or even duplexes in nearly every part of nearly every Bay Area city, which doesn't help things
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Sep 28, 2015 06:15
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Are they trying to keep the bay area from looking like Hong Kong? loving lol are you serious they commute 2 hours for a minimum wage job? I was a little stunned to find out that their ferry system is basically on life support. Google tried running a ferry from SF to Mountainview (Redwood City, close enough) and pretty much politely got told to go gently caress themselves. I would maybe look at living in Freemont on the other side of the bay, or heck, even Oakland, if I could take the ferry in. The Bay Area's caltrain is still 1960s era rolling stock and takes 45 minutes to get from SF to Mountain View despite property values being through the roof - how do they not have high speed rail throughout the region? If people are turning down 150K/yr due to housing costs and lack of mass transit, your economy is seriously hosed up.
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Sep 28, 2015 06:26
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Hadlock posted:Are they trying to keep the bay area from looking like Hong Kong? It's not just megatowers that are illegal. Even modest 3-6 unit apartment buildings are super against the law. Hadlock posted:The Bay Area's caltrain is still 1960s era rolling stock and takes 45 minutes to get from SF to Mountain View despite property values being through the roof - how do they not have high speed rail throughout the region? Rising market values don't help out the tax coffers too much when it's pretty much illegal to collect on that increase Hadlock posted:If people are turning down 150K/yr due to housing costs and lack of mass transit, your economy is seriously hosed up. California is a local government hellhole and a good portion of my professional network (I'm an urban planner) refuses to even look at job postings there, even though California ostensibly fits our lefty/progressive politics.
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Sep 28, 2015 06:41
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Parallel Paraplegic posted:I read an article about this, they live 2 to 4 hours away to the north and east and commute because lol gently caress the poor this is google country! Google would LOVE to see more housing built, if for no other reason than it makes it harder to recruit people from other parts of the country to come to the bay area, everyone knows how crazy the housing costs are here. It also makes it harder to retain engineers here as they get older and more interested in buying a house.
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Sep 28, 2015 08:45
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So I'm new to credit cards (well besides loving up with one as an 18 year old), and as a matter of fact just did babby's first balance transfer. (0% of course) I've been paying my statement balance every month, but now I have an Amex with a 0% APR rate though October 2016. So as long as I don't care about credit utilization, I can just keep paying the minimum and there won't be any interest applied? Or is that wrong? edit: I don't make unnecessary purchases for the most part, and I don't plan to start any time soon, but it would be nice to be able to just put all my essential purchases on that, pay it slowly over time, and throw my cash at my car loan. Moneyball fucked around with this message at 22:51 on Sep 28, 2015 |
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Sep 28, 2015 22:47
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Moneyball posted:So I'm new to credit cards (well besides loving up with one as an 18 year old), and as a matter of fact just did babby's first balance transfer. (0% of course) I just looked at the first 0% APR card on the US site and this is the case. Just be aware of the potential interest rate between 13 and 22% once the 0% purchase/balance transfer period has ended. If you can pay off your car loan and then make significant payments on the card (or set up another 0% card to balance transfer to) then this will work.
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Sep 28, 2015 23:12
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Question: So my wife had a specialist Doctor check up that we confirmed was in network when she went to it two years ago. Issue is we get billed as if it's out of network, so instead of $200ish the bill is $950ish. To keep it short, I have disputed this to hell with my provider of the time, with the the hospital, etc, with no luck. So at this point the $950 went to collections. We don't plan on buying a home, don't really have anything planned anytime soon, and don't feel we should pay, so we have agreed so far to let it go to collections unless they let us pay for cheap (which has been a no so far). My wife does not currently have any issues or bad reports in her credit currently, it's at a 700-750. How bad will a $950 non-pay hit it? We do plan on disputing it when it hits her credit, but i do think we just seem to be losing this one. So we don't need her to have crystal credit, but it's def nice to have good credit. How bad will this hurt?
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Sep 29, 2015 01:30
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If you really want to let it hit your credit, then when it hits your credit report you can dispute it there and they have to provide documentation that you really were out of their network when XYZ happened/went in to effect. At that point if they can't prove it, it ought to fall off within 30 days-ish.Duckman2008 posted:So we don't need her to have crystal credit, but it's def nice to have good credit. How bad will this hurt? How reliable are your vehicles? That $950 will sink your credit
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Sep 29, 2015 02:34
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Hadlock posted:If you really want to let it hit your credit, then when it hits your credit report you can dispute it there and they have to provide documentation that you really were out of their network when XYZ happened/went in to effect. At that point if they can't prove it, it ought to fall off within 30 days-ish. Not really, they have to prove that the debt is valid. The in-network/out-of-network stuff won't even come into question, all they need is evidence you got the medical treatment and the bill. Legal action against the insurer and/or medical facility would likely be needed to invalidate the debt at this point.
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Sep 29, 2015 04:11
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Is there any reason not to regularly (every 6 months) request limit increases on my credit cards? Potential exposure to fraud? I have no need for expanded limits (I pay them off every month), but I guess they help my utilization ratio? Last time I talked to an AmEx rep they told me that their system would allow them to triple the limit every 6 months if your credit history justifies it. So I started submitting online requests every 6 months for a limit increase and they keep tripling it. They don't generate hard pulls and I'm generally just curious to see what they'll let me have but if there's some reason not to then I'll stop.
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Sep 29, 2015 06:17
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Star War Sex Parrot posted:Is there any reason not to regularly (every 6 months) request limit increases on my credit cards? Potential exposure to fraud? I have no need for expanded limits (I pay them off every month), but I guess they help my utilization ratio? Last time I talked to an AmEx rep they told me that their system would allow them to triple the limit every 6 months if your credit history justifies it. So I started submitting online requests every 6 months for a limit increase and they keep tripling it. They don't generate hard pulls and I'm generally just curious to see what they'll let me have but if there's some reason not to then I'll stop. If you plan on applying for future cards you may wish to decrease your limits to avoid banks getting wary of overextending credit to you. Otherwise, if you can do it without generating a hard pull then I don't think there's any harm (I also think the upside is negligible fwiw...it's just a non-issue).
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Sep 29, 2015 06:55
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If you're under some utilisation ratio of like 15% or whatever it will make no difference. If you're at that point there's no reason to ask for more.
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Sep 29, 2015 09:19
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pig slut lisa posted:If you plan on applying for future cards you may wish to decrease your limits to avoid banks getting wary of overextending credit to you. Otherwise, if you can do it without generating a hard pull then I don't think there's any harm (I also think the upside is negligible fwiw...it's just a non-issue). I don't think this is true, or at least it's not in my experience. Banks care about their own exposure so they may limit the total amount of credit they extend to you, but they don't seem to care at all about the available credit you have from other banks. In the former case, you can call reconsideration if you get denied for that reason and they'll be able to move credit around for you so that they can issue the card.
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Sep 29, 2015 09:22
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I was also under the impression that some cards may use hard pulls for credit increase requests, but I may be misinformed.
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Sep 29, 2015 16:34
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Devian666 posted:If you're under some utilisation ratio of like 15% or whatever it will make no difference. If you're at that point there's no reason to ask for more. Blinky2099 posted:I was also under the impression that some cards may use hard pulls for credit increase requests, but I may be misinformed. asur posted:I don't think this is true, or at least it's not in my experience. Banks care about their own exposure so they may limit the total amount of credit they extend to you, but they don't seem to care at all about the available credit you have from other banks. In the former case, you can call reconsideration if you get denied for that reason and they'll be able to move credit around for you so that they can issue the card. Thanks for the feedback, everyone. Star War Sex Parrot fucked around with this message at 16:53 on Sep 29, 2015 |
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Sep 29, 2015 16:44
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Blinky2099 posted:I was also under the impression that some cards may use hard pulls for credit increase requests, but I may be misinformed. Reading this conversation just inspired me to request a credit increase. I've been working a new job so I have more money and want to lower my utilization so I figure it makes sense. The confirmation screen had a message saying that I was authorizing them to do a credit check that could affect score (a hard pull, no?), but when I went ahead with it they just instantly approved me so nothing was checked. I requested $9k-> 17k and they only bumped it up to $11.5k on the instant approval though. e: Credit karma emailed me about a new hard pull being done, so I guess they did go through with it. Teeter fucked around with this message at 23:13 on Sep 30, 2015 |
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Sep 29, 2015 17:26
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Devian666 posted:If you're under some utilisation ratio of like 15% or whatever it will make no difference. If you're at that point there's no reason to ask for more. But if they triple it every six months by year 12 they'll be able to buy the entire global economy on credit! 
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Sep 30, 2015 05:42
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Parallel Paraplegic posted:But if they triple it every six months by year 12 they'll be able to buy the entire global economy on credit! 
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Sep 30, 2015 05:46
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I wonder if any of you can give me some advice. My partner and I both work at sea and she has recently started a job with Disney, the problem is that they pay her in dollars directly into a Citibank account while we both live in the UK. The rates Citibank charges for changing to sterling are painful and I feel like she is being given a lot of bad advice about what to do. Other people who work on board who live in the UK have told her to open a dollar account with a UK bank and then make the exchange with them, a small amount of research seems to tell me that they are just as bad for charging fees. I cant see what opening a UK dollar account would offer vs just making an exchange with XE or something.
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Sep 30, 2015 11:31
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Parallel Paraplegic posted:But if they triple it every six months by year 12 they'll be able to buy the entire global economy on credit! You would get quite a few air miles for that purchase. Mr Teatime posted:I wonder if any of you can give me some advice. My partner and I both work at sea and she has recently started a job with Disney, the problem is that they pay her in dollars directly into a Citibank account while we both live in the UK. The rates Citibank charges for changing to sterling are painful and I feel like she is being given a lot of bad advice about what to do. Other people who work on board who live in the UK have told her to open a dollar account with a UK bank and then make the exchange with them, a small amount of research seems to tell me that they are just as bad for charging fees. I cant see what opening a UK dollar account would offer vs just making an exchange with XE or something. What you need is a foreign currency account to receive the payments. The main problem is any time you change currency you are going to get hit with a commission. HSBC deal with a lot of foreign currency, and looking at their account they still charge 1% commission. Along with currency fluctuations (which you can't predict). http://www.hsbc.co.uk/1/2/current-accounts/international-bank-account Fee structure. http://www.hsbc.co.uk/1/PA_esf-ca-app-content/content/pws/content/personal/pdfs/international-personal-account-price-list.pdf There may be other accounts with a lower fee structure or commission but I'm not as familiar with UK accounts. Devian666 fucked around with this message at 19:57 on Sep 30, 2015 |
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Sep 30, 2015 19:50
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I'm changing parking garages and my old one just informed me that I need to give 60 days warning instead of 30. I say gently caress 'em and I just want to cancel the card they have on file so they can't get a red cent. In what ways will this inevitably gently caress me? They know my name and home/work addresses, but not my SSN or vehicle information. Can they still send me to collections? Help me give a garage the finger.
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Sep 30, 2015 22:06
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Did you put a signature on a piece of paper around these arrangements? If so, you're playing with fire, and you can totally get burned. Whether you'll actually get burned is dependent on how forgiving the parking spot place is. They can file collections in small-claims court. This is a normal operation for pretty much any subscription/lease-based, petty-cash business. I'd advise eating the loss and learning the lesson: always read cancellation terms when subscribing/leasing anything.
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Sep 30, 2015 23:26
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I have what might be a dumb question. I used to really like using my debit card because it counted down the money I had in checkings in almost-real time (as opposed to counting up with a delay of 2-3 days as my credit card gets processed), which made it a little easier to track how much money I had. Is it possible to pay in advance for a credit card, like make a payment of $600 at the first of the month (which should show up as a balance of -$600), and then slowly work my way through that? Or is this a stupid idea that won't work and might expose me to losing the overpayment? I have chase if it matters, and I'd rather not forgo all of the points/credit building/better fraud services/etc. of the credit cards.
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Oct 1, 2015 04:01
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Neurostorm posted:I have what might be a dumb question. I used to really like using my debit card because it counted down the money I had in checkings in almost-real time (as opposed to counting up with a delay of 2-3 days as my credit card gets processed), which made it a little easier to track how much money I had. Is it possible to pay in advance for a credit card, like make a payment of $600 at the first of the month (which should show up as a balance of -$600), and then slowly work my way through that? Or is this a stupid idea that won't work and might expose me to losing the overpayment? I have chase if it matters, and I'd rather not forgo all of the points/credit building/better fraud services/etc. of the credit cards. Most credit cards don't allow you to over-pay your balance. Plus, you shouldn't give your credit card company an interest free loan as a matter of principle. Have you thought about using an app to track all of your purchases manually? That way you'd get the instant feedback on your balance.
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Oct 1, 2015 06:46
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What do "Very Good" odds of getting approved for a card mean on CreditKarma? I'm looking to get a credit card with a rewards program that at least exists, but I'm skittish about having another inquiry land on my tiny credit report for nothing. Financial situation is mostly unchanged from last time I posted about this: I'm single, live in an apartment, and am completely debt free and have a 6-month emergency fund. I have one credit card with a $1000 limit that pays off in full every month, and I've had that card for about a year now, using it for gasoline each month. I want to get more lines of credit in order to build up my credit history and take advantage of rewards programs. I'm leaning toward one of the Chase rewards cards, but all they've done in the past is deny me, giving the reason "Not enough accounts opened long enough to establish a credit history." Last time I applied was February.
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Oct 1, 2015 12:29
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il serpente cosmico posted:Most credit cards don't allow you to over-pay your balance. Plus, you shouldn't give your credit card company an interest free loan as a matter of principle. Have you thought about using an app to track all of your purchases manually? That way you'd get the instant feedback on your balance. Yeah that's a good point. I use mint but don't check it super often, I guess I could just routinely check that in addition to my bank accounts. Thanks!
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Oct 1, 2015 13:26
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Neurostorm posted:Yeah that's a good point. I use mint but don't check it super often, I guess I could just routinely check that in addition to my bank accounts. Thanks! To be clear, it's completely possible to do what you want. Have your bank send them a payment through your bill pay service and I haven't heard of a single issuer that would reject it or otherwise try to refund you. I think it's a bad idea for a lot of reasons (you'll never show any utilization on your credit report, for one), but it is possible. The credit card companies won't let you overpay through their interface but if you send them extra money they are happy to hold it for you at 0% interest.
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Oct 1, 2015 13:55
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Stop worrying about credit inquiries or hard pulls. I have approved loans where the borrower had over 40 inquiries in the past 3 months. I doubt each pull drops your credit even a single point. Relax.
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Oct 1, 2015 17:04
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tesilential posted:Stop worrying about credit inquiries or hard pulls.
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Oct 1, 2015 17:07
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How should I advise someone building up credit from nothing? So far, I've got secured credit cards on my list & credit builder loans. I swear there was a good credit builder online service but I can't find it. Any other suggestions?
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Oct 3, 2015 21:40
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I have my emergency fund stashed in an online savings account that is currently earning 0.5% (it was higher when I opened the account years ago). Is it worthwhile to go chasing better rates with another bank, or do things go up and down enough that there's no point? I know inflation is an issue, but I don't want to put the money into something too risky like stocks. Liquidity and fast access are more important to me.
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Oct 3, 2015 22:19
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Blue Scream posted:I have my emergency fund stashed in an online savings account that is currently earning 0.5% (it was higher when I opened the account years ago). Is it worthwhile to go chasing better rates with another bank, or do things go up and down enough that there's no point? I know inflation is an issue, but I don't want to put the money into something too risky like stocks. Liquidity and fast access are more important to me. It really depends how much effort you want to put into it. Ally current has .99%, and it took me all of 10 minutes to sign up, followed by signing a signature card they mail you.
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Oct 3, 2015 22:49
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Dale Sveum posted:It really depends how much effort you want to put into it. Can confirm that Ally was super easy. My partner and I set up a joint online savings account a month or so ago. It'll be a nice way to keep an emergency fund accessible while accumulating some interest. As far as low effort goes, I can't imagine anything being better really.
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Oct 4, 2015 00:04
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tesilential posted:Stop worrying about credit inquiries or hard pulls. Thanks for the advice! Tried visiting a branch today and was quickly approved for a Chase Freedom card with a $9000-ish limit  FormatAmerica posted:How should I advise someone building up credit from nothing? I was in this situation a year ago -- absolutely no credit whatsoever -- and was surprised that the tiny mom-and-pop credit union I had been banking with was willing to approve me for a $1000-limit unsecured credit card with no annual fee. It likely varies from one business to another though, and depends on how long you've banked with them without overdrawing or otherwise being difficult.
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Oct 4, 2015 01:00
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I can confirm ally is very easy. They sent an email out about tired interest rates for different balances but I can't seem to find info on what rates at what tiers. Anyone have info?
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Oct 4, 2015 02:20
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Ally's savings rate is an even 1% right now. Their checking account has a tiered balance system but it's pointless because you need to keep $15,000 in a checking account to earn just .6%. Standard checking interest rate is .1%.
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Oct 4, 2015 02:49
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