Posts by rapidskipper12

I'm a walking example of that... You just need to study the laws properly and stay one step ahead of the collectors.

Today we’re dealing with the old deficit, but tomorrow there’ll be a brand new one...
And just like that, the newly approved deficit is already showing up on the previous statement.

No problem! 😉

Look, try this instead:
The guy opens a dynamic fan account that comes with free memberships, plus e-banking and m-banking. You just give him power of attorney over your account. That way, he can see everything you’ve got and pay bills directly from your balance, while still using his own e-banking and m-banking tools included in the package. Your main checking account stays exactly how it is—no extra fees or bundled services needed. He covers the cost of the dynamic fan, and you just handle the standard maintenance fee and $0.67 the power of attorney. There's zero need for two separate e-banking setups. Makes sense now?

Look, my point is you just give him power of attorney. That way you have full visibility and can pull funds from both accounts. You don't even need a payment assistant if you've got that authorization; you'll have access to everything, plus you can tap into his 15 free monthly transactions. It doesn't matter which account the money is coming from. Get it now? 😉

Look, the kid should just grab a Zaba fan and give you full power of attorney on the account along with an extra master card. On your end, just wrap up your services and hand him the POA. That way, you’re only paying for the Zaba fan and whatever fee she charges for the paperwork.

Like I said before, it’s not because I have an active revolving line or a personal loan through Diners Club, and I checked my HROK report just four months ago.

Even though JPMorgan Chase bought out Diners Club, they only merged their online platforms—that's about it. 🙂

If you're dealing with Bank of America, they already see everything related to them without needing the HROK.

Last time I ran an HROK check was four months ago. I don't even have a Diners Club card on my profile, and I've been using this credit line for four years now with an active revolving balance.

Besides, their own website explicitly states they don't share that kind of data...

Neither Diners Club nor American Express showed up on the Social Security Administration reports.

Dark, you getting your paycheck through them or what?

If you use that overdraft of $333 for a month, they’re gonna hit you with 9-$3.25 depending on which 'innovation' package you have. That means by the end of the month, you're looking at a $1.75 charge. That negative balance is just the cushion the bank lets you tap into whenever you feel like it.

And how exactly do you plan on overdrawing it??

You’ve got your overdraft limit of $333, your Maestro or Visa Inspire debit card limits $333, plus an American Express student card with a $667 limit.

None of those can be exceeded. The only way you'd hit a negative balance is if an installment payment hits and pushes you over the edge, but then you lose your privileges and your account (or card) gets frozen until you pay back every cent you owe.

Clearer now?

Then you lose your overdraft protection and have to pay back the whole thing at once. I don't even get how you're planning on overdrawing. The only way that happens is if you're using a debit card for installment plans...

You can dip into the red whenever you feel like it. 🙂 That negative balance is basically just the bank giving you extra cash to play with.

Give it a shot. If it doesn't work, just head over to Chase and swap it out.

1. You don't actually sign up for a "package." It’s just a collection of services you keep active—like your checking, savings, high-speed internet, and American accounts.
2. You can stretch purchases out over up to 12 monthly installments depending on where you shop, but your total purchase can't go over $667. That’s the absolute ceiling for how much debt you can take on. You can find the full legal breakdown on the JPMorgan Chase website.
3. Don't sweat the prices in the brochure; those aren't tailored to you. Your specific rate is $1.75, and that’s what gets pulled at the end of every month, provided all your services from the bundle stay active.

nah, just look below at the link labeled 'converted recipient accounts to IBM'

You can't change that option here. This is just the budget version, so don't bother trying to use any of that stuff (whatever you're trying to close).

Just shut down all the extra services and keep only the student account if it's free. Or honestly, if you don't even need the account, just close everything down. 😉