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184 votes

Is this person wanting to pay my credit card trying to defraud me?

This is no friend. The clue is that your user name and password aren't required. I've made payments for my mother in law, and the card number, just the 16 digits on front, were enough to send a ...
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140 votes

Could I take my car even though my mom says no?

im not sure exactly what the title name is Well, you need to be, because that and only that determines ownership (in the US, at least). See Wikipedia: Vehicle title
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  • 48.7k
121 votes

I have 9,000 cash. What debt should I pay first?

Generally, there's no particular "win" to paying off the larger debt first, all things being equal. Pay largest interest rate first. (Now, some advisors say there's a certain logic to paying off ...
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120 votes

How can I gift $41,000 to my friend anonymously? (Australia)

Use a Lawyer To ensure the legality and anonymity of such a transaction you should be able to use a lawyer as an intermediary without revealing your identity to the friend. Contact a lawyer and ask ...
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73 votes
Accepted

In what cases can a business refuse to take cash?

The Federal Reserve website notes that creditors must accept cash for debts on services already rendered, but that businesses may refuse cash for services not yet rendered unless prohibited by local ...
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71 votes

How can I get a refund from a seller who only accepts Zelle?

If the seller only accepts a payment method that doesn't allow you to get your money back, then there is a reason for that. There is a much higher likelihood that something happens where you'd want a ...
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  • 20.9k
64 votes

Is this person wanting to pay my credit card trying to defraud me?

Your friend has unwittingly got a virus/malware on his computer which has read his contacts list and sent some or all of his contacts (including you) a message, pretending to be from him, asking you ...
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60 votes

How can I get a refund from a seller who only accepts Zelle?

The Zelle FAQ article "I’m unsure about using Zelle® to pay someone I don’t know. What should I do?" can be sumarized in three words: "Use something else". Zelle is a great way to ...
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  • 21.6k
59 votes

How can I buy things with monthly payments in the US?

Trying to frame my advice in a way that technically answers the question: Don't buy it right away. Pay $100/month to a savings account, and after ten months, buy the item with your accumulated $1000. ...
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  • 4,302
56 votes

Using credit/debit card details vs swiping a card in a payment (credit card) terminal

I see three possible reasons: He doesn't have a secure way (or any way) to manually enter card details. Most payment terminals have a keypad and can support manual entry (or PINs), but everything ...
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  • 2,072
51 votes

Pay everything now or gradually?

To put this into perspective, you are paying ~$1500 interest annually (gradually decreasing), or $132 monthly. All the while, you have money sitting in your bank account doing seemingly nothing. ...
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  • 3,064
49 votes

Paid off $5,000 credit card 7 weeks ago but the money never came out of my checking account

Don't be afraid, but definitely leave the money in your account!!! It's spent money; the other bank just doesn't realize it yet. I'd probably call the CC bank and ask them what account they think the ...
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  • 48.7k
45 votes

I would like to get cash for money judgement

Have you considered contacting the debtor directly and offering them a cash settlement? If they have any money set aside, they may be minded to accept a discount in return for giving you a lump sum. ...
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  • 1,314
45 votes

How can I gift $41,000 to my friend anonymously? (Australia)

Frame Challenge (idk if that's a thing in this SE, but I think it should be in this case) You're concerned your friend won't accept the money if he knows it is from you, how do you know he'll accept ...
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  • 660
44 votes

I'm unemployed. Should I pay off my credit cards to avoid monthly payments?

Should I pay off my credit cards to avoid monthly payments even if it reduces half of my savings? Unless you can still live for quite a while with that half of your savings and no income, then no. ...
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  • 114k
43 votes
Accepted

Undated cheque was given by client but client asks me continually not to deposit it

The receipt is irrelevant. It only means that you acknowledge that you were given a check, not that the check was any good. Since you have not yet started the work, I recommend that, if you have ...
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39 votes

Is this person wanting to pay my credit card trying to defraud me?

That's what "friend" means. The very definition of a friend is someone who knows you well, you know well, can be presumed to help you move**, and would never rip you off. If you are not properly ...
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36 votes
Accepted

What is happening every time I pay my credit card? Am I 'settling' with my bank, the credit card company, or another entity?

When you have a credit card account, your agreement is with the bank that issued your credit card. The bank is the one that is directly loaning you money. The credit card network (MasterCard, Visa, ...
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33 votes

Is it a good idea to make one additional monthly payment to a mortgage?

Unless you plan on skipping a payment in the future, you'll be better off paying extra to principal rather than "banking" a payment early. If you "bank" a payment early, I'm ...
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  • 114k
31 votes

How can I buy things with monthly payments in the US?

I am a new international student in the US Aren't you here on an F-2 visa? that it's price is $1000, and I want to do the payment like $100 per month for 10 months (with no extra interest), how can ...
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  • 48.7k
28 votes

Using credit/debit card details vs swiping a card in a payment (credit card) terminal

Using the physical card or not are two different scenarios, namely "Card Present" and "Card Not Present" (also known as MOTO as in Mail Order / Telephone Order). They may involve different contracts, ...
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  • 3,427
27 votes

Advice for paying off student loans and auto loans now that I have my first 'real' job

The best approach by the numbers is to pay minimums on everything and put all extra towards the debt with the highest interest rate. So, that would be the unsubsidized loans in any order, then the ...
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  • 63.9k
25 votes

I'm unemployed. Should I pay off my credit cards to avoid monthly payments?

Dave Ramsey, the famous personal-finance guru and radio personality, has a concept he developed after counseling thousands of families in crisis situations called the four-walls. The idea is to ...
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23 votes
Accepted

I feel I'm not getting paid completely. Do these numbers add up?

The statement suggests that you worked 114.13 hours this pay period, not the amount you suggest (68.23+37.9+8). So that could be the discrepancy in yours and your employer's calculation. It looks ...
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  • 74.9k
23 votes

Pay everything now or gradually?

Reasons to not close your debt: You can make more than 6.8% return somewhere else You fear an unexpected expense in which you need temporary cash Reasons to close your debt: Even if you believe you ...
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23 votes

Paid off $5,000 credit card 7 weeks ago but the money never came out of my checking account

The reverse happened to one of my kids. A payment for a credit card bill that wasn't theirs was made from their bank account. They notified their bank, and worried that the account had been hacked. ...
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22 votes
Accepted

Changing Bank Account Number regularly to reduce fraud

Couple of my friends went through a fraud agent who ran off with their money and the landlords were none the wiser. So it always pays to be a bit diligent. Are they a well known letting agents ...
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  • 10.5k
22 votes

Do monthly payments decrease on a mortgage later in the loan?

The typical home mortgage is amortized to give you a consistent payment amount through the duration of the loan. What you'll see is that each month a greater portion of your payment goes to principal ...
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  • 63.9k
21 votes

Undated cheque was given by client but client asks me continually not to deposit it

As you've clarified in comments, the cheque is advanced payment for work you haven't done yet. Given that, unless waiting for this work is actively stopping you doing some other work, I would just ...
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21 votes

How can I buy things with monthly payments in the US?

When you use a credit card and pay over time, you will pay plenty of interest. 16% to 20% a year is not unusual. So the wrong way to do things: Buy a $1,000 item with your credit card. Pay $100 every ...
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  • 20.9k

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