Posts by Gerald Hill7

I’d personally lean toward the American Express—it just makes more sense when you factor in how you can avoid those pesky interest charges if you play your cards right.

If we're talking about the University of Michigan, then absolutely.

It’s honestly such a shame they don't offer at least some kind of installment plan—it would make things so much more manageable. Getting that extra $2,000 all at once just doesn't move the needle nearly as much as I'd hoped it would.

I’ve been staying right on top of all my payments on my American Express—everything is paid in full and on time. Do you think there's a chance they might bump my credit limit up by maybe another $3,000 or $4,000?

I already know the crowd is going to come for me—everyone will be jumping in to say, "Why would they give such a high limit to someone without a steady income?" or some other variation of that nonsense. But honestly, if they were comfortable giving me $2,000 in the first place, I figure they could handle a little more.😁

No, feel free to keep using it as long as it stays functional.

I’m fairly certain I caught a glimpse of a Goldman Sachs ATM somewhere once or two.

JP Morgan Chase, Wells Fargo, or Goldman Sachs—you really can't go wrong with those heavy hitters. When it comes to loans, though, it’s a bit more nuanced since the "best" option depends entirely on what you're actually looking to fund—but personally, if I were hunting for credit, I wouldn't even look at anyone outside of those three big players. That said, a word of caution: every single bank out there will try to squeeze you for every penny the second they get the chance—it's just how the game is played—and you're almost guaranteed to run into some uninformed staff members who don't quite know the fine print when you need them most.

If you're $3333 years old and still a student, or $15833 even if you aren't, you really don't need to lose any sleep over taxes or anything of that nature regarding your checking account.

It feels like you can't even drop a friendly warning about avoiding scams on this forum anymore without getting hit by threats. Honestly, it’s starting to feel like we’re living in Afghanistan.

In my experience—and I’ve looked around quite a bit—I haven't encountered anyone offering loans with fair terms that aren't just blatant bait-and-switch tactics, except maybe for a major institution like Chase. And even then, let's be real, big banks aren't exactly known for being perfectly altruistic. Just please, everyone, be incredibly careful about who you choose to do business with.

As for those of you out there actively conning people who are already struggling financially—shame on you. Truly. You represent the absolute worst kind of people, and you deserve to crawl right back into whatever hole you emerged from. It's honestly disgusting.

Honestly, people are making such a fuss over nothing—it’s almost funny, really. It isn't as if the big banks don't already have your entire life story on file anyway! Just sign whatever paperwork is required to get the job done and move on with your day... unless, of course, you actually have something more productive to occupy your time.

Look, those three specific questions about America are mandatory—that’s just how the rules work—but everything else? It's totally optional. I honestly don't get why everyone is stressing out over this so much. Just tackle those three requirements, say "I'll pass" on the rest, and you're all set.

It honestly feels like you all have far too much free time to be messing around with banks 😁

I actually finished the whole process through my mobile banking app—it wouldn't even let me contribute to the fund until I answered those few quick questions about the US and how much I planned to invest annually, and so on—but nobody has reached out to me or anything... Is that really it, then? Everything's set?

I’m under the impression that seeing a negative balance on a credit card actually means you have a surplus sitting there—kind of like a little cushion. So, even if it shows - $60, you technically have $20 available to use. My take is that it’s basically just extra credit you can spend, rather than something you can easily transfer back into your checking account.

Well, you have to assume the IRS is going to be breathing down your neck and tracking every single cent you move 😁

Or—and this is the more immediate headache—your bank might just decide they don't want the trouble and freeze your accounts entirely.

Yeah, you can definitely say goodbye to your American Express card. As for everything else—well, that really just depends on when you plan on paying it back.

It’s likely just an income tax hit—and honestly, if the fund actually took a dive, then there isn't much anyone can do about it at this point.

It’s entirely possible I might have tripped up on something like this once before—my wife actually mentioned it to me after her shift at JPMorgan Chase. However, looking back, she was likely referring to the specific amount required for an installment plan rather than the total cash on hand. I think I just misread the situation; when she said you need to have that certain amount available at the time of purchase, I mistakenly assumed she meant the entire balance sitting in my checking account. But honestly, if that were the case, the whole thing wouldn't make any sense in the first place 😁

So, are they actually filing a dispute through PayPal to get their money back?

You just give the bank a call, and they’ll have someone count up the cash from the ATM before depositing everything straight into your checking account.