Posts by Bryan Gray6

granitemarlin6 said:Hi there, does anyone happen to know how many days it typically takes for a leave of absence request to be approved? I haven't actually used this benefit before; I guess I had it automatically assigned to me a few years back, but I decided to close that account at the time. It might actually be quite helpful to have right now, so I was wondering if it’s possible to request an amount equivalent to one full salary? What kind of documentation or steps would I need to take?

Well, it really depends on which bank you're dealing with, but for something around the size of one paycheck, you might see an approval within ten minutes.
If you're looking for a larger amount, I suppose you might need to submit some recent pay stubs first.

I was wondering if anyone knows which bank currently offers a decent overdraft?
I’m currently with a bank that lets me go up to two times my monthly salary, though I suppose I should ask if any of you have found places that offer a higher limit than that.

James Martin10 said:In my opinion, that whole "co-signer" thing is just a bit of a gimmick. They aren't really looking for a traditional co-signer; they're just pushing their own specific guarantee program.

I suppose I might have been in a similar boat once; I tried using a co-signer myself, but even then, I couldn't seem to get it sorted out.

I submitted my application earlier today, and they were asking for three separate pay stubs along with my recent bank statements. Everything was approved within five minutes of uploading the documents, but once I actually sat down to look at the interest rates and the fees for their "guarantor" service, I nearly fell out of my chair. Honestly, I’d much rather deal with a collection agency from a credit card company and just grind it out for four months to settle my debts than touch anything involving Ally Bank.

What am I supposed to make of this? A woman from their office called me about an hour ago, asking why I hadn't sent over the signed contract yet.
I told her straight up that I wasn't sending it—not after seeing what that ridiculous guarantor fee costs. She had the nerve to tell me that the fee isn't their problem, to which I responded, "Wait, you're telling me how it works?"
Please, just stop calling me. I'm not foolish enough to fall for this kind of predatory lending. It seems like they specifically target people who are desperate and feel like they have no other options. It's honestly quite pathetic.

So, she called me this morning to tell me there's been a hiccup with getting that Chase Mastercard approved, and now I have to head down to the local branch after being handed a mountain of paperwork.
I guess they're asking for some kind of employer verification, which apparently is just standard procedure, but I might have stepped in it a bit since I'm not actually on a permanent contract—though I did tell them I was.

granitesailor25 said:One of the tellers at the branch just handed it to me

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Well, I went ahead and filled everything out online again, and they told me someone would be getting in touch soon. I suppose I’m bracing myself for another rejection, but I might as well give it a shot, I guess...
So, it seems the only reason they gave was because I hit a certain limit.

granitesailor25 said:I'm in the same boat with the non-permanent work thing, but honestly, I just sent over my most recent pay stub along with the application and now I'm just sitting here waiting to hear back... though, to be fair, I didn't run into any issues getting my cards approved at all!

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It's actually quite strange, because in my case, I started by...
I filled out that online application, and then I actually got a call from the bank telling me it wouldn't work, apparently because they won't approve anyone who doesn't have a permanent full-time job.
They didn't even ask me for a pay stub or anything like that, so I guess I have to wonder—where did you manage to find that application?

granitesailor25 said:As for me, I'm just gonna stick with a basic debit card from them and call it a day!

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Are you looking at a permanent position there, and if you don't mind me asking, what kind of income level are we talking about regarding that card you secured?
What sort of paperwork did they end up requiring from you?
I’ve tried pretty much everything, but I can't seem to get anything approved since I'm just working on a temporary basis.

Thanks

It looks like I’m not going to be able to get this loan sorted out, so I was wondering if there's any kind of card I could apply for right now and actually get approved for immediately?
I currently have a Diners Club and a Visa from Chase.

Thanks

Edward Evans7 said:How much of that do you have left? Are we talking 48,000?
You could always head down to JPMorgan Chase to look into refinancing, if you're feeling particularly ambitious about your debt. $33It’s on a 12-month installment plan. $300.

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Actually, no, I’ve still got about 4 years left at $667, with roughly 100,000 left to pay off.
The real issue is that I'm currently on a fixed-term contract; I suppose I'll eventually get a permanent position, but unfortunately, things feel a bit urgent right now.

I suppose it’s going to be a bit of a struggle for me to pull that off, given that I still have four years left on my current loan, with monthly payments of $667.
To be perfectly honest, I think getting approved for any kind of credit right now might just be an impossible task.

Edward Evans7 said:Do you have Online Banking set up with the bank where your payroll goes? You might be able to apply for a Chase quick loan online for up to $5,000.

Honestly, your best bet is just walking into a branch; you could probably walk out with the cash by the end of the day.

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rowdyotter12 said:How much of a delay are we looking at, and how much more time do you realistically need?

I’m about two months behind, and I really need to secure $30,000$0.00.
So, looking at a $15,000 limit, maybe $7,000 on a credit card, and another $8,000 elsewhere.
With $30,000 in total needed, I suppose the question is whether there's actually a bank out there willing to approve that.
We’ve finally hit a steady rhythm with work, so my average monthly income should bump up to around $5,500 over the last three months.
I was thinking about reaching out to someone like SoFi or perhaps a similar loan broker.
I really want to avoid ending up in a spot where my accounts get frozen or I end up defaulting on payments, which would be a mess.

I’m posting here because I see many of you offering solid advice, and I think I could use some myself right about now.
To give you a bit of context, I recently found myself in a pretty toxic situation; my previous employer was essentially bottom-of-the-barrel, though looking back, I think I know exactly why things went south.
The guy was cheating on his wife and involved in all sorts of shady business that I happened to be aware of, so I suppose it was in his best interest for me to leave—except he made it incredibly difficult for me to actually resign.
Ultimately, I had to quit just to preserve my own sanity, as the psychological abuse became more than I could bear.
Everything might have turned out fine if the pandemic hadn't hit and completely derailed my plans.
I was weighing an opportunity over in Germany against staying here in the States, but because of my family, I decided to stay put and look for work locally; however, with everything shutting down during the lockdowns, work has been incredibly inconsistent.
I’ve been working for five months now, but my average income hasn't been great, hovering around $4,000 total over that entire period.
Now I find myself in a spot where I’m falling behind on my Chase credit card payments, I'm lagging on my Diner's Club bill, and I'm already dealing with an existing limit at my bank along with some old personal loans.$600/mo.
Basically, I urgently need a loan or some kind of financial lifeline to settle these debts; does anyone have any suggestions or solutions?

Thanks, everyone.