Posts by Samuel Mitchell

Thirteen percent every single month? That strikes me as somewhat unrealistic..

I have a loan set up for 36 monthly installments with a credit limit of $2667. If my monthly expenditure reaches $2667, that brings me to $74... My primary concern is the specific mechanics and timing regarding how interest—which I believe is sitting at 13%—is actually applied.

Greetings,

I received a refund from Amazon, but instead of the amount being credited directly to my monthly Mastercard statement—which is how PayPal typically handles things—the funds were deposited straight into my foreign currency account. What is the most efficient way to transfer this money into my primary checking account? Am I required to visit a Chase branch in person, or can this be handled digitally through an app like Zelle?

12/20/2009. $61.45
01/20/2010. $61.45
02/20/2010. $61.45
03/20/2010. $61.45
04/20/2010. $53.15
05/20/2010. $50.50
06/20/2010. $45.65
07/20/2010. $43.95
08/20/2010. $37.10
09/20/2010. $29.50
10/20/2010. $6.90
11/20/2010. $3.53
12/20/2010. $0.72

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These figures represent my accrued expenses on my prepaid debit card. My intention is to withdraw $1667 cash. Could someone clarify exactly what my total charge will be on December 20th? My billing cycle runs from the 10th to the 10th of each month, with payments due on the 20th.

The first installment of a 5000/20 agreement is $83.
A $5000*0.035 ATM fee equals $58, which is charged immediately.

In summary:
$436.06 in previous expenses
$83 the first cash installment
$58 the one-time ATM fee
--------------------------
$287

I find the mechanics of these interest charges and their application rather perplexing. Can anyone offer assistance?

Does anyone know if Chase can increase my authorized overdraft limit? For the entire year, I had $2167, but since the beginning of this month, they’ve slashed it down to $1333 through the end of the year. It is likely because my direct deposit is now just the legal minimum, while I receive the rest of my pay in cash.

I would like to have an overdraft limit of $6,000 again...$2167 Is this something that can be arranged, and are there any additional fees involved?

A few days ago, my dermatologist prescribed me Differin 0.1% gel. The current instructions are to apply it three times a week in the evening. However, since my skin was looking relatively clear during the actual examination, I find myself wondering if I am permitted to transition to nightly application. I have only used it a handful of times so far, but I must admit the results are promising; it is likely the only product I have tried that doesn't leave my already excessively oily skin feeling even more greasy.

Look; I thought I had a decent grasp on how this all worked, but after scrolling through this thread, I am more confused than when I started. :P

I have a credit limit on my Chase card $3.25, and I opted for the 20-month installment plan. So, if I spend $3.25 this month, I will be billed $167 plus interest every month for the next 20 months. That part is fine. However, what happens to my available credit for next month? Does that limit reset every month, or am I unable to spend anything else next month until I have paid down a specific portion of this month's debt?

I am clearly a novice at this, so I hope my question makes sense.

Regards