for questions related to moving money between accounts or electronically moving funds or paying back the dues owned. Generally used in context of credit-cards, loans, bank-account.

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6
votes
5answers
3k views

Can I pay $20 on my credit card daily?

Here's the scenario, I'm new to credit card and I'm a college student. I need to buy laptop for Fall Semester and my credit card limit is $800. The laptop that I want to buy is $700. If I purchase the ...
0
votes
0answers
116 views

What I need in order to receive payments from Valve?

This post is complementary to this one. I'm developer from Russia and I recently passed Steam Greenlight. Now I'm stuck on the Valve program enrollment phase. From what I've seen in the Valve forms, ...
2
votes
1answer
65 views

Credit CARD Act and applying payments to recent purchases and balance transfer

The Credit CARD (Card Accountability Responsibility and Disclosure) Act in the U.S. states that payment amounts made in addition to the minimum payment must be applied to balances carrying the highest ...
0
votes
1answer
31 views

Sending money through remittance to previous employer against in lieu of full and final settlement

I resigned from my previous job. As part of the final settlement, there is some money that I need to pay my employer [Unsettled expenses, etc]. I need to pay that off through remittance. Does this ...
0
votes
1answer
198 views

What is the formula for loan payoff with daily compounded interest and monthly payment?

My goal is to make a graph using this formula for all possible monthly payments. Let's say... Loans: 21750 Monthly Payment: 220 Daily Interest: 4.0% / 365 What formula would I use to get the total ...
1
vote
1answer
198 views

What is payment against invoice?

The term "PAYMENT AGAINST INVOICE" appears on my job contract and no idea what that means exactly. I am in Germany.
3
votes
2answers
1k views

Paying Credit Card statement amount in full on due date and using it in the same day

I have this question. I paid my Credit Card statement amount yesterday in full (which I always do), on due date. Its an online transfer. Immediately after an hour (before the transaction is even ...
2
votes
1answer
107 views

What is the best way to pay my American rent from Canada?

I need to pay rent to my landlord on or before the day I arrive in America. Right now I live in Canada, and I have the money to pay (in USD), I just do not know what the most efficient payment method ...
1
vote
0answers
42 views

Is is possible to add additional payment methods in QuickBooks Pro 2015?

I'm using QuickBooks Pro 2015. When paying a bill there are only two options for payment Method: Check or Credit Card. Is there a way to add additional payment methods? For example, what if a bill ...
4
votes
2answers
103 views

What payment options are there besides checks and direct deposit?

My employer is planning to require all employees to be paid by direct deposit. A number of our employees are unbanked, and opening an account is not practical. I understand the employer's concern to ...
3
votes
2answers
565 views

Calculating pay off for credit card with multiple APRs

I have a credit card that is charging me two different APRs, one for cash withdrawal and one for purchases. I am trying to determine how much I need to pay monthly to zero the balance, but most online ...
0
votes
1answer
44 views

Payment default penalties on annuities

Scenario You have an investment/retirement annuity through a broker with a life insurance company in which you have payed 10% of your salary for the past 4 years. The company you are working for is ...
0
votes
2answers
72 views

Over payment via autopay

I have an amex account, say the balance is $200. I setup autopayment for $500 every month. What happens to the $300 left over after the autopay? Do they just take the $200, an no more? It is too ...
2
votes
1answer
255 views

Calculating total number of monthly payments in Excel using NPER and PMT?

How to calculate the total number of monthly payments given the amount of loan ($275,000), the annual interest rate (4.35%) and the number of years (30)? I'm confused because I'm trying to use the ...
1
vote
4answers
504 views

How to calculate Annual Percentage Rate of a loan with unequal periodic payments?

Let's say we borrow a loan of $1000. We pay back to bank $100 per month but for some stupid reason the last payment is smaller and equals $50. This is a common case in my country. How then the APR ...
3
votes
2answers
814 views

Is credit card payment authorization safe?

I live it Canada. I took an IELTS test (english test) last month and they want me to pay the courier charge by filling a credit card authorization. (because I missed the free delivery) They sent me a ...
5
votes
1answer
437 views

Why a federal tax withholding of 25% when previous federal withholding tax was 8.9%?

I did some contract coaching work for a university and received a one-time payment for the services rendered over 3 months. The amount taxed for Federal Withholding was a staggering 25%. For someone ...
1
vote
1answer
278 views

Private student loan balance not moving

I need help trying to figure out how to pay down my private student loan. The balance is almost $20,000. Sadly at the time that I took the loan, the interest rate was 8.75% (I think it was actually ...
1
vote
1answer
166 views

Put extra payments towards almost paid off house or newer house?

My wife and I have two houses: one her parents live in and has only 4.5 years of mortgage payments left, the other we live in and is only 2 years into a 30 year mortgage. She has been making extra ...
0
votes
1answer
84 views

Do I have to work a certain amount of hours in order to get paid monthly?

I work as an office assistant and my pay has recently been changed to monthly. I only work 2 days a week now at 8 hours a day and I don't feel that is an adequate amount to receive just once a month. ...
1
vote
1answer
183 views

Freelancing from India to US employer: Can they deposit pay to my US Account?

I recently moved back to India from USA as I didn't get H1B Visa. I have started working for same company from India as a contractor. I still have my bank account active in USA. Can my company ...
3
votes
1answer
826 views

why will charges disappear from my debit card then reappear

I have made a few large purchases (ex: computer, flight tickets) in the past with my debit card, and for the most part the charges go onto my card and that's the end of it; other times I will see the ...
0
votes
1answer
103 views

Get money from USA to India

I am a freelancer and need to get payment from a client living in USA. I am in India. I am using paypal and they charge a lot of fees and I hate to use them. What are the alternative to get ...
1
vote
2answers
92 views

How to pay taxes owed to IRS while in another country?

I got a notice from the IRS that I need to pay them for taxes owed in 2012. How shall I pay the taxes online? I am currently in a foreign country. I do not have Fedex close by. Is it accepted to ...
2
votes
1answer
135 views

What are online payment options with no chargeback protection?

What exactly are chargebacks and chargeback fraud? Is it a complaint about not receiving the product, or is it about the customer saying that he did not authorize the payment? If I understand ...
0
votes
1answer
127 views

How do I receive payment from the USA to my current account in India

I am setting up a small time company that renders online marketing solutions to USA clients. In this line of business, most Indian companies project themselves as US companies and they have a US bank ...
2
votes
2answers
329 views

What is better - Easy Monthly Installments (EMI) or upfront single payment?

While buying electronic gadgets I get to pay the seller in two modes. I have never been able to evaluate which one is better. Let's say I buy a phone worth INR 24,000. The seller offers me two ...
-1
votes
1answer
158 views

Solving for mortgage payment amount and its deduction on the total principal?

This question is stumping me. "Jane has taken out a 20-year, $150,000 mortgage with monthly payments (made at the end of each month) at a stated mortgage rate of 6.8% per year compounded ...
1
vote
2answers
111 views

How to improve the late payment score on credit report

I have a question regarding payment history. I am trying to help a friend improve his credit score. My biggest challenge is that my friend has more than 20% in late payments. My question is how to ...
1
vote
1answer
75 views

Forgiveness and payments [duplicate]

I've read in several places around the Student Loans repayment policies and I see a lot of forgiveness perks for having made more than 125, or 300 payments. I am currently on the IBR repayment plan ...
7
votes
3answers
25k views

Bi-weekly payment option

We start bi-weekly pay beginning March 20th. How does this affect the months that have 5 weeks. Do we actually lose two weeks a year? May, July & October have five weeks. Right now I will get ...
1
vote
1answer
202 views

Ways to ship a package worldwide and get paid by the receiver on delivery?

I want to sell and ship some products that are expensive. Is there any way to post a product and get the money from the receiver at delivery? My service needs to be available in Georgia, Armenia, ...
1
vote
3answers
876 views

Paying restaurants in cash instead of credit card - how signficant is this?

A friend of mine (this is in the United States) said that he always pays cash when he goes to a restaurant or a business that he particularly likes, so that the restaurant owner (he often does this in ...
0
votes
1answer
206 views

What payment app makes it easiest for friends to transfer money (without a fee)?

I'm a fantasy football league commissioner. That means it's my responsibility to collect dues from all 12 team managers and then distribute funds to the winners. This seems like an easy enough task, ...
4
votes
1answer
142 views

Is it true Visa & Mastercard can choose a more beneficial date (for them) for the exchange rate on a foreign transaction?

Whenever I pay abroad (or online) with my debit card, the amount charged is in a currency other than my card's own. I am aware Visa/Mastercard charge for a foreign currency conversion. I heard a ...
1
vote
2answers
163 views

Why do the banks charge for using credit card in ATM?

When I look at the credit card offer in several banks, they always have some price on withdrawing money from ATM (at home, not abroad), e.g. "3.5%, at least 2EUR" or similar. Why aren't there credit ...
3
votes
2answers
2k views

Monthly/Annual Payments Calculation with percentage increase to equal exact dollar amount over exact specified period

I'm not sure if this is the right place to ask this kind of a question, but here it goes. I have the following information: A = Total amount needed B = Number of periods (monthly, 12 payments of ...
2
votes
2answers
69 views

Ensuring payment from client

How can I ensure that I receive my payment from a client if I am working from home for an international client (not employment; a fixed-price job)? I want to ensure that I receive payment for my ...
3
votes
2answers
589 views

Freelancing to UK company from India

I am freelancing to UK clients from India and get paid in pounds. Please could someone suggest a suitable setup for this. I know I have to pay taxes in India , which I am fine with. Can I raise ...
2
votes
2answers
6k views

Can Japanese banks receive payments via IBAN?

Can Japanese banks receive payments from outside Japan via IBAN? For instance, Japan Post Bank does not accept IBAN, so sending money to a Japan Post Bank account is very complicated. Is there no ...
1
vote
1answer
780 views

Chase auto-pay enrolled but don't remember doing so

I generally make it a rule to never allow automated payments. This month I happened to notice that my Chase Freedom CC statement showed that I was enrolled in their auto payment program. I called ...
3
votes
4answers
24k views

Do Square credit card readers allow for personal use?

Prompted by this question, I began looking for evidence that the Square credit card reader could be used for personal transactions (transactions outside of a business context). Users of Square must ...
6
votes
3answers
3k views

How do the wealthy pay for things?

In everyday life I pay for things like groceries in Cash or with my ATM card/credit card. I am assuming that when wealthy people pay for big things, like billion dollar mansions, yachts, business ...
9
votes
1answer
286 views

What can I plan for to save money on my mortgage?

I am a first time home buyer and any advice is greatly appreciated. I am going to start shopping soon for getting a mortgage and I need to know what strategies I can use to avoid paying more than is ...
2
votes
2answers
2k views

How much time does one have to pay an invoice in Australia?

How long, legally, does one have, to pay an invoice? I have done extensive research on this, and there are too many contradictions on the Internet and a lot of it seems, to me, to be hearsay. I cannot ...