Questions tagged [payment]
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.
206
questions
65
votes
4
answers
27k
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Is this person wanting to pay my credit card trying to defraud me?
A friend of mine is in another state wanting to pay my credit card. He says he needs my credit card number, name on card, username, password, and card limit. Is he trying to defraud me? Or does he ...
58
votes
5
answers
25k
views
In what cases can a business refuse to take cash?
Printed on US currency you will find "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE". Some businesses have refused to accept larger bills for a long time, as other forms of payment have ...
48
votes
10
answers
22k
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I have 9,000 cash. What debt should I pay first?
I have 9,000 cash right now and I want to use it to pay some debt. It won't cover all, but I want to spend it on the best way possible. These are my current debts:
Loan balance 3,867.35 - 23.55% ...
31
votes
7
answers
17k
views
How can I gift $41,000 to my friend anonymously? (Australia)
We both live in Australia. I don't want him to know it's from me. But I’m not hiding from the government. I’d prefer the money to go into his bank account so he can see it's real money. I have his ...
31
votes
5
answers
16k
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Paid off $5,000 credit card 7 weeks ago but the money never came out of my checking account
I paid off my credit card that had a balance of over $5,000. I sent a one time payment for the total amount, about $5,100 to be exact and my credit card company received the payment and reflected it ...
29
votes
4
answers
9k
views
Changing Bank Account Number regularly to reduce fraud
4 others and myself are going through the motions of renting a student accomodation in the UK.
So far we have had to pay a holding fee to secure the flat. To do this we were given an account number ...
25
votes
5
answers
5k
views
Using credit/debit card details vs swiping a card in a payment (credit card) terminal
I was given by a seller an option to come to their office and swipe my credit/debit card there in their payment terminal.
Because it's a long way to get to their office, I asked the seller if he ...
24
votes
6
answers
23k
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How can I get a refund from a seller who only accepts Zelle?
I am wanting to purchase an item and the seller only accepts Zelle. If I send a payment and do not get my item, is there a way to get my money back?
23
votes
9
answers
10k
views
I'm unemployed. Should I pay off my credit cards to avoid monthly payments?
I'm unemployed and on a tight budget with 6 months of savings. Should I pay off my credit cards to avoid monthly payments even if it reduces half of my savings? Is there a risk of the bank reducing my ...
22
votes
3
answers
4k
views
I would like to get cash for money judgement
I am a landlord who got a settlement via garnishment of my ex tenant's account. The total of money owed came to about $30,000. I have collected about $11,000 and would like to get cash for what is ...
21
votes
4
answers
9k
views
Undated cheque was given by client but client asks me continually not to deposit it
I received a cheque 3 months ago, which my client gave me to start a project and there's no date on the cheque. My client told me to ask him before depositing the cheque. The cheque was advance ...
19
votes
18
answers
9k
views
How do people with multiple credit cards keep track of their due dates and not miss payments?
I never spend more than I have and always intend to pay the full balance on my credit card statements. Because the due date changes and because they are different for each card, I sometimes forget and ...
19
votes
6
answers
9k
views
Pay everything now or gradually?
I have around $45,800 is my bank account and have the following three loans:
Loan 1: $6,114 with 6.8% interest rate
Loan 2: $14,649.21 with 6.8% interest rate
Loan 3: $2,927.25 with 5.750%
Should I ...
19
votes
3
answers
5k
views
What is happening every time I pay my credit card? Am I 'settling' with my bank, the credit card company, or another entity?
I understand that credit cards extend credit to customers. And that purchases incurred before the credit balance is due are nothing more than IOUs to the bank issuing the card (and also the card ...
17
votes
10
answers
10k
views
How can I buy things with monthly payments in the US?
I am a new international student in the US. In our country we didn't have credit cards like in the US and this is a new system to me.
If I get a new credit card in the US with a $2000 credit line/...
16
votes
2
answers
7k
views
I feel I'm not getting paid completely. Do these numbers add up?
This is my following pay statement for a 2-week period:
I worked in total 183 hours in a 2 week interval, my questions is why am I getting paid to little for overtime? 183-80(hours of regular)= 103 ...
15
votes
11
answers
7k
views
Is online payment with credit card equal to giving merchant whole wallet to take the money we agreed upon?
I'm curious about how the credit cards work.
When you do a bank transfer it is you who tells your "bank account" what amount to send and where to send it.
When you pay with credit card it ...
15
votes
4
answers
7k
views
Is it a good idea to make one additional monthly payment to a mortgage?
This is an oversimplified scenario (the numbers, dates and interest rate may not be accurate as I am only asking about the strategy):
I have a mortgage with a monthly payment of $1,000 and it is due ...
15
votes
6
answers
6k
views
Advice for paying off student loans and auto loans now that I have my first 'real' job
I'm hoping for some advice on which loans I should focus on paying off first.
I'm 28 and just got my first 'real' job about 2 years ago after 8 years of schooling. I've paid off all my credit card ...
13
votes
2
answers
3k
views
Why does Discover Card warn me about selecting certain payment due dates?
The date I would like to use for my payment due date in the future on my Discover Card account warns me with a tooltip:
Selecting this date will reduce the number of days in the current anniversary ...
12
votes
7
answers
15k
views
Could I take my car even though my mom says no?
I have recently moved out of my mother's house. I'm 19. My mom gave me her car since she got another one. I pay the car payments but she pays the insurance, but she expects me to pay all the month’s ...
12
votes
5
answers
5k
views
Paying extra on a mortgage. How much can I save? [duplicate]
Can I pay $12,000 extra once a year or $1000 every month - which option is better? The first option does sound better, but for a 30 year mortgage, is it that significant? The mortgage is for $527,...
11
votes
2
answers
3k
views
If I make an out of pocket medical payment on my normal credit card, can I withdraw that amount from my HSA?
I accidentally paid for some medical expenses using my normal credit card instead of my HSA account. Can I withdraw the equivalent amount from my HSA without tax liabilities?
10
votes
2
answers
2k
views
"full balance due" vs "statement balance" vs "pay in full"
I wanted to pay off my credit card, and at the "Select Payment Option" screen at my bank presents the following options:
=============
MINIMUM ($163.00)
MINIMUM PLUS PAST DUE ($163.00)
...
10
votes
2
answers
59k
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 ...
10
votes
1
answer
389
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 ...
9
votes
9
answers
5k
views
What is the easiest way to know if I'm paid up on my credit card?
My credit card has two balances, like I believe most do, the statement balance and the current balance. I'm aware of what both these mean. Each month I pay my statement balance off completely to avoid ...
9
votes
4
answers
12k
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 ...
8
votes
5
answers
3k
views
Can a contractor convert a cryptocurrency payment into money? [closed]
Suppose that an overseas customer tells a contractor that she or he cannot pay for the job via common overseas payment options — such as an online payment, money order, payment card, bank transfer — ...
8
votes
2
answers
5k
views
Can shops use card payments to track/profile customers?
Can shops use payment information when you pay with a debit or credit card to track a customer's buying habits?
In other words can a shopkeeper link different purchases at different times in his ...
7
votes
8
answers
5k
views
Would the minimum payment or full CC amount be considered monthly debt?
Based on Is rent considered a debt?
The question of:
What is your total monthly debt payment (e.g. student loans, vehicles, credit cards, personal loans, etc.)?
got me thinking.
If you rack up $...
7
votes
4
answers
3k
views
Can I get a late payment on my credit card if apr is 0% for the first 21 months?
Can I get a late payment on my credit card if APR is 0% for the first 21 months? (through a Chase Slate Edge intro offer)
(I've always paid on time but I am in a situation where I might need to avail ...
7
votes
3
answers
57k
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 $...
6
votes
5
answers
6k
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 ...
6
votes
2
answers
4k
views
What is this type of equity called where I get a share of the profits for the duration of my employment?
I've heard of an interesting "equity" scheme in a company from my friends and I'm wondering what this scheme is called.
You work as the Manager for a supermarket chain, and they will give ...
6
votes
4
answers
92k
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
1
answer
2k
views
How does pre-payment affect an adjustable-rate mortgage?
Some fixed-rate mortgages have their monthly payments pre-determined. For these mortgages, pre-payment of the balance doesn't affect the monthly payment amount but increases the amount of each payment ...
6
votes
1
answer
2k
views
What do we mean by Over Payment in Payslip
i just got my salary and noticed that there is deduction of some amount under Over Payment. The salary slip is given in the form of a table. The table has 4 columns and many rows. For the purpose of ...
6
votes
1
answer
2k
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 ...
6
votes
4
answers
502
views
Am I obligated to chase after someone to pay them?
We hired a tree removal service to remove some trees from our property. The bill was paid for by the solar company that installed our solar service. The solar company sent us a check for the tree ...
6
votes
4
answers
299
views
If I were to get into a life situation where I would not be able to make regular payments, do lenders typically provide options other than default?
Lets say I had a home loan and suddenly lost my job. I have a few months savings, but for whatever reason am aware that I will not be able to make regular payments and will default on my house if I ...
6
votes
1
answer
565
views
Are banks required to issue statements?
I have recently found, with increasing frequency, online banks sending me messages via e-mail or Web notifications after login that a new statement was available for my account [credit card or deposit,...
5
votes
4
answers
2k
views
Will the ex-homeowner still owe money after a foreclosure?
I'd like to know whether a person owes any money to a bank if his house was foreclosed. From what I found, it says yes and the borrower owes the difference that the bank sold the property for. If ...
5
votes
1
answer
1k
views
Does one's tax transcript indicate whether taxes were paid?
I looked at my tax transcript in the US, I could see the amount I was supposed to pay, but I couldn't see the amount I actually paid:
or do these lines also represent the amount I actually paid?
5
votes
2
answers
2k
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 ...
5
votes
2
answers
403
views
What does it mean to pay by purchase order?
Not sure if this is the right place to ask, but I'll give it a try anyway. I sell some software online that customers pay for using a payment processing service which allows you to pay using a debit/...
5
votes
1
answer
1k
views
Should I take advantage of "interest-free" credit when buying something? [duplicate]
If I buy something like a smartphone or a new PC, when you have these choice:
Pay all the cost at the moment.
Pay it in 6/12/18 months (with loan but without any interest rate and any extra cost).
...
5
votes
1
answer
889
views
Paying the IRS in installments. What is the approximated IRS interest rate?
My friend owes the IRS about $6,000 for the tax year 2021.
He did some researches and found this link on the IRS webpage about paying tax in installments:
https://www.irs.gov/payments/payment-plans-...
5
votes
1
answer
3k
views
Time limit on sending invoices in the United States
Is there a time limit on how long one can wait to send an invoice? E.g. supposing a contractor does some work, and does not issue the invoice promptly. Is there some time limit to sending the invoice, ...
5
votes
1
answer
5k
views
Is home address required for online payments
I have a question about online payment and I would appreciate it if one could answer.
For online payments with debitcard in the UK, at the time of payment, I have always been asked to enter the home ...