Posts by Alex Evans2

Dennis Garcia said:I’m wondering if it’s actually possible to top up the available credit on my Go Mastercard, and if so, how do I go about it?
Basically, I started out with an available limit of $1667, but now that I've used it up, I'm sitting at $4.75. Every time I head down to the bank to make a payment specifically to increase my available credit, they just take that money to cover my upcoming monthly installments instead. Meanwhile, my online banking dashboard keeps showing me that my available balance is still stuck at $4.75...
The issue is that I really need this card for online shopping, but it’s impossible right now. The bank just keeps applying my payments toward future installments rather than replenishing my spending limit...
Thanks!

Just wait for the payment to clear and process—then you'll see your spending power go back up.
To break it down:
- You owe $1662
- You pay $333
- You end up with $1332 or an available balance of $338
Keep in mind—it sometimes takes a few days to see the actual real-time status on E*TRADE.

By the way—your maximum limit is $1667 and there is zero chance of going above that (unless you go through a whole special process, obviously)

Best,

Daniel Fisher said:Well, I’m certainly not looking to pick up those campus jobs because the pay is absolutely abysmal...
Over the summer, I managed to earn $3500 in just 35 working days, whereas if I had gone through a student employment office, I probably wouldn't have even cleared $2000.... plus, I'm still doing a bit of that same work even now...
That's why I'm specifically looking for a loan to get things moving; I can easily manage the repayments. If I try to save up while dealing with all my other living expenses, it's just not feasible... but with a loan, I could definitely set aside enough for the installments.
By the way, I know I could eventually save the money over a year, but I need it right here, right now.

Right, so you can't save while covering your bills, but you somehow have enough for a loan? That is some fascinating logic there—truly!
Regardless, it’s not my business what you borrow, but honestly, you're going to find yourself in hot water very quickly this way.

Have you thought about just picking up a desktop PC for $100 (check out some tech forums) and saving a more substantial amount for a laptop instead? You know that old saying: "I'm not rich enough to buy cheap."

Best,

Jeremy Wright7 said:So, what happens if I went ahead and ordered this credit card, did all the paperwork, and everything—but now that it’s actually here and I’m supposed to verify it and start using it, I've totally changed my mind!! How do I even cancel this thing!?! And do I have to pay for it now?? I just got some notification saying they're gonna pull $33 from my account because of this card!! Is that some kind of order fee or what??

It really depends on which specific card you're looking at—that might just be an application fee. If you can afford to lose that money, go ahead, but don't forget about the annual fee for the first year (it looks like it's about $50).
http://www.chase.com

BTW—credit cards are a total trap if you don't know how to handle them properly.

Best regards,

Daniel Fisher said:I was wondering if there is any way to actually secure a loan while you're still a student?
The situation is that I'm currently unemployed—well, "unemployed" in the sense that I'm a full-time student—and since I'm just starting my freshman year, I'm looking to pick up a laptop. It’s an absolute necessity for my studies, but I simply don't have the funds on hand right now. I managed to cover my tuition, and I worked quite a bit over the summer, but now that I've started tutoring, I can't work enough hours to save up the cash for a decent machine...
So, does any bank actually consider lending to someone in my position? I could comfortably manage monthly payments of up to $100, provided the laptop isn't something outrageously expensive—maybe something in the range of $1167?
If anyone knows of a viable way to get the money I need, I would be so incredibly grateful if you could let me know...

Hi,

No bank is going to cut you a check—they require collateral that you likely just can't provide right now.

But you might want to look into:

Amex Start ( )

Honestly, though—if I may suggest—you'd be better off finding a part-time gig through a campus job board to earn the money... that's my best advice...

Best regards,