Timeline for Letting your bank withdraw money from your check for a bill?
Current License: CC BY-SA 3.0
13 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jul 31, 2017 at 7:00 | answer | added | user42405 | timeline score: 1 | |
| Jul 31, 2017 at 1:33 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
| Jul 3, 2017 at 12:38 | comment | added | MSalters | The question could benefit from a bit of clarification, but the idea of timing repayments to the moment when your salary comes in does make sense - it can avoid overdraft fees if the salary doesn't always arrive on the same date. | |
| Jul 3, 2017 at 9:40 | comment | added | TripeHound | @RonJohn Read it as "I have a credit card with them [my bank] [and I am] owing about 2,000..." | |
| Jul 1, 2017 at 22:04 | comment | added | Daniel Storm | I'd bet the CC has a higher interest rate than the loan. If you can hold off on the loan payments to pay down the CC do it. | |
| Jul 1, 2017 at 11:56 | comment | added | JTP - Apologise to Monica♦ | It appears he has a paycheck, direct deposited to his bank account. His bank offers a service, to take a regular withdrawal from that check, and apply it to the credit card the same bank issues. In effect, no different than any automated payment although the implication is that the deposit itself triggers the card payment. | |
| Jul 1, 2017 at 2:37 | comment | added | RonJohn | I have a credit card with them owing about 2,000 on it Who is "them" that owes money on your credit card? | |
| Jul 1, 2017 at 2:36 | comment | added | RonJohn | Withdraw money from a paycheck? | |
| Jul 1, 2017 at 1:53 | comment | added | JTP - Apologise to Monica♦ | I think he meant pay check. | |
| Jul 1, 2017 at 0:58 | comment | added | mkennedy | by check, do you mean "checking account" or do you mean with each check you write, they withdrawal an extra $20. I've heard of banks rounding up each debit card bill to the nearest dollar with the extra going into a savings account. | |
| Jul 1, 2017 at 0:40 | answer | added | Aganju | timeline score: 1 | |
| Jul 1, 2017 at 0:37 | review | First posts | |||
| Jul 1, 2017 at 2:40 | |||||
| Jul 1, 2017 at 0:25 | history | asked | homer | CC BY-SA 3.0 |