Posts by darkmaker94

To snag a student loan, you’re gonna need a co-signer with solid credit—basically someone with a steady job, likely full-time.

Just so you know, you aren't getting a lump sum of cash upfront. There are a few different student loan options; if you go with the one meant for tuition, the bank just sends the money directly to the university's account.
If you opt for a loan to cover living expenses while you're in school, you won't get it all at once either. Instead, they pay it out in equal monthly installments based on the timeline and amount you requested.
I know JPMorgan Chase offers consumer student loans too, but from what I've gathered, you have to show them an itemized receipt from the store where you plan to buy stuff. So, basically, none of these options give you the full amount in cash.

If your credit isn't great, you'll need a co-signer (like a parent). Since we're talking about relatively small amounts here, that should be plenty. Still, your best bet is to check with the bank directly—you can even shoot them an email; they usually get back to you within 24 hours.

He'll just need your account number along with your full name.
You can check your balance—all your deposits, withdrawals, and everything else—online if you're set up with Chase mobile banking.

Whose card is this? Which banks are we talking about?

As far as I know, you can't really "consolidate" mortgages into one, especially since they're spread across different banks. Even if they were all at the same place, it's unlikely because each mortgage is tied to its own specific loan agreement.
Since you mentioned the mortgage amounts are lower than what the land is actually worth, you could try moving those three mortgages over to the most valuable plot. But that requires getting the banks on board, and honestly, I doubt they'll bite. They’d rather have each mortgage secured by its own specific piece of land rather than having all four tied to one spot—it's just safer for them. Plus, you've got notary fees and all that legal stuff to deal with, so I'm not sure if it's even worth the hassle.

Your best bet might be finding another property or some land with enough equity to take out a brand-new mortgage. You could use that cash to pay off all four existing ones, which would leave those four plots totally clear.

Mine showed up about two weeks ago.

I'll probably just go with Maui since the membership fee is $6.75 lower.😬

Got some more details—you can actually grab a Visa or Mastercard if you set up a CD. The minimum deposit required is $667, and they’ll give you a credit limit of up to 80% of that amount. 🙂

So, which one's the better move: Visa or Mastercard? I know they're pretty much interchangeable when it comes to where you can use them. But what I really care about is—do both work fine for online shopping? 😁

Yeah, JPMorgan Chase. The lady mentioned their Visa and Mastercard options start with a limit of $1333 (maxing out at $16667), so I’ll probably need to put more into a CD than the actual amount I want to spend just to clear the hurdle.
She told me to fill out the application but leave the employment section blank, since I'm basically applying based on my savings account.
Since I've been using a Delphi card through them for over two years and I've got pretty decent monthly spending for a college student 😁, I'm hoping that helps get the credit approved.
I'm heading down to the branch tomorrow to double-check everything.

Just hopped off a chat with their support team. 😁
The rep told me they only issue cards if you have a CD account first. 👋 😁

Alright, thanks for the input. 🙂
I'm gonna shoot them an email and see what they have to say about it.

So they just gave it to you based on that? Now that you actually have it, do you have anything locked in or what...? And did they set your limit at that exact amount?
You can just shoot me a DM. 🙂

I’m looking to pick up a credit card—either a Mastercard or a Visa charge card—but I’m currently unemployed since I'm still a student. Can anyone confirm if it's actually possible to get one from a bank just by using a CD as collateral?
I'm mainly looking at Chase or JPMorgan Chase. I tried emailing the first one, but their response was super vague. 🙄

Basically, I'd be looking to put something like 4-$1667 into a 2-year CD, and I want to know if I can secure one of those two cards with a limit matching that amount (or maybe a bit less).
If anyone here actually has a card set up this way, I'd love to know which bank and which card you're using. 🙂

I know plenty of people who used them without any issues at all:

1.
2.
...

So what's the big deal now? 😁

Honestly, there isn't a single logical reason why our Visa Electron wouldn't work in the USA.

It’ll be done by the end of October; everyone's card is looking the same way. 🙂

Neither Amex nor any overdraft fees are going to cost you a dime. Once you graduate, I assume they'll probably phase out that specific student package and the card, but I wouldn't know for sure since I'm still a student myself. 😁

Yeah, because there's no fee on an American Express. Of course, that's assuming the merchant actually accepts it. 🙂

Have you actually been to the USA and tried using one to pay for stuff?

It’ll run somewhere between 12.98% and 13.98% APR, depending on things.
They charge it monthly.

It’s just showing you the balance for your primary currency, which is the dollar in your case. If you tried to swipe your card or hit an ATM right now, it wouldn't work because you've got euros in there instead of dollars. That's the catch. Just swap them over to dollars and you'll be good to go.