Personal Finance - October 2007

I was working for a great company .. making the most money I have ever made before. At the age of 20 I was pretty successfull...... getting greedy I decided to buy a 2006 ford escape for 25,000.00 I ended up losing my job and I was out of work for 1 1/2 months. I just now got back to working and I am trying to pay for it. My car payment is 500.00 a month.. I looked into selling it but I dont think anyone would have that amount in cash nor check to purchase it. I tried taking it to a car delaers to see what they could do for me.. and they basically said i am "upside down" and theres nothing they can do. Does any one have any suggestions about what I can do?

2007-10-10 07:24:02 · 5 answers · asked by igotyou888888 3

To avoid medical bills being put on your credit report?

2007-10-10 07:21:10 · 5 answers · asked by Justin S 1

I currently have a savings account. Are there any IRAs or CDs I could look into, instead? I would rather keep my House savings in something high yielding that I cannot touch.

2007-10-10 07:09:52 · 6 answers · asked by Jennifer Lynn 1

I put myself in this situation, and I know it, I need some advice to get out.
I had a good car for an amazing price... too good to be true. Everything went wrong at once. I needed another car and fast. I traded in my car and ended upside down on a loan. about $15,000 for a 2005 Nissan Sentra. Which I hate. I made the decision too fast and purchased it. My payments are about $300. I had insurance but it's cancelled now, it's been cancelled since about May.

the credit union added collateral ins. I am not sure what my payment is yet, but I am sure it has at least doubled. I am already half a month behind on my payment. I plan on getting ins on the 15th (that's when I get paid) but I know my payment has gone up. I just don't know if I can afford all this. Should I insure the car, trade it in for something I can afford? I am so scared...

I only have about $600 to work with every pay day.

Any help would be GREATLY appreciated. *thanks*

2007-10-10 07:03:53 · 7 answers · asked by u_fas_n8me 4

Hi! I have a sudden windfall of about $8000. I want to use the money to pay off some debt, but am confused in which order. Here is the laundry list:

1) CC #1: $5000; 3.99% interest (it's low b/c I transferred)
2) CC #2: $2000; 15% interest
3) Student Loan: $10,000: 10% interest (variable)

I was thinking of paying off my two cc's in total, and using the remaining $1000 towards the student loan. I know the conventional advice would be to pay off the highest interest loan first (student loan), but I am hesitant b/c a) paying off my ccs in full will boost up my credit score more; b) the psychological bonus of paying two items in total; c) I couldn't pay off the student loan in total anyway w/$8000.

Advice is appreciated!

2007-10-10 06:59:28 · 12 answers · asked by Anonymous

On 10/5/2007, I had $126.19 on my National City Bank checking account. Past several days I used my National City Bank Card to purchase things and I spent things like $1.05 for drink.. about 10 items with $2.00 or less. I also spent things to purchase that cost me about $20.00 or more for each.

I login my online banking everyday and this morning when I got on, it showed 9 items for overdraft fees for $34.00 each so
total overdraft fees showed as $306.00.

If bank posted things that I purchase in order I purchased
I would only need to pay 1 item for $34.00 but the bank posted
everything from highest amount resulting 9 items of overdraft fees.

I visited my branch office but office manger there is very unfriendly and keep saying that I spent money when I didn't have enough in my account. But that is so wrong because
if they deducted everything from things that I spent first then
I would be overdrawn by that much.

Is there any other way I can get my money back?

2007-10-10 06:55:16 · 8 answers · asked by Carbuying 1

I need to switch banks cuz the one I am at is out to get me. So for those of you that live in springfield, mo area and know of a bank you would recommend please let me know?

2007-10-10 06:48:44 · 4 answers · asked by babydoll 2

is there a cheaper alternative for me to just get my credit score? I dont really need the report and all of that.

2007-10-10 06:48:19 · 6 answers · asked by D. J 2

I am considering buying a CD to save for a house. I only need it for two years. Is a money market account something i should be considering or should i stick with my original plan to fund a CD.

Thanks for all input!

2007-10-10 06:48:00 · 3 answers · asked by Gamergrl 1

I have a 9,000.00 credit card limit. my daughter is away at school and i wanted to send her a couple thousands off my credit card. do anyone know of a service like western union where i can send her the money, (western union says i have to pay cash at a office since i never used them before. and i dont trust paypal at all, my cash advance limit is only 900.00)

2007-10-10 06:37:58 · 8 answers · asked by errerer 1

Working with a non profit company or hiring an attorney?

2007-10-10 06:27:38 · 2 answers · asked by barcan 2

2007-10-10 05:58:41 · 4 answers · asked by Cami 1

I am thinking of opening a certificate of deposit to help me save for a house. Once i start one, can i keep depositing money into it? And can my interest go down if i take out a two year cd or is it fixed interest?

2007-10-10 05:57:48 · 11 answers · asked by Gamergrl 1

2007-10-10 05:51:33 · 4 answers · asked by Vic29 1

Do you wish to work from home and make some extra money?

Well here is your chance

I am Mr Timothy Daniels,and i am the Human Resources Manager for Lawton
arts.We are a group of business oriented people who deal primarily in
screen
process textiles and all sort of hand printed textiles.

We are searching for financial payment contractor (Accounts Receivable)
in
the U.S and Canada for our company who are willing to work for us from
home
and get paid weekly without leaving their present Job.Our clients shall
be
making payments to us for supplies in money orders so you shall help in
the
processing of the payments to us here in the UK.

Subject to our satisfaction you will be paid 10% on any transaction you
are
involved in. Please if you are interested send the following..

1. Full Name

2. Permanent Home Address(zip code inclusive)

3. Telephone no

4. Marital status

5. Age

Thanks In advance
Human Resources Manager,
Timothy Daniels
+447040115691

2007-10-10 05:33:53 · 8 answers · asked by ctbizness 1

He is in a lot of credit card debt, and is changing jobs at the end of the year. Please list all the cons to this. He wants more financial freedom & to be free from his debt but I know he has better options that this! He is convinced he is getting a large sum of money as an inheritance so he doesn't need to worry about retirement, so what are the cons besides losing this money he has saved up?

2007-10-10 05:07:06 · 8 answers · asked by Blondie 2

I've been trying,but seems there are hidden clauses.Also I'm paranoid about phishers etc.

2007-10-10 05:00:03 · 6 answers · asked by poormom 2

2007-10-10 04:52:47 · 8 answers · asked by GregintheUK 2

I received several savings bonds from my dad's ex-wife's father. He has held them for several years after their divorce and the bonds have my ex-stepmother's name on them. I really would like to change that since I don't want her to have them should anything happen to me...

Can anyone help me out??

2007-10-10 04:52:28 · 1 answers · asked by saraharoe 3

2007-10-10 04:48:02 · 1 answers · asked by bucky 1

Aim is to get 401 K into non-distribution status, probably a self directed Roth IRA, so funds cn be invested in RE. Am just months from 70 1/2 now.

2007-10-10 04:25:03 · 1 answers · asked by Lynne P 2

2007-10-10 04:24:26 · 7 answers · asked by SANDRA D 1

2007-10-10 04:03:56 · 3 answers · asked by heartbroken 1

2007-10-10 03:21:55 · 11 answers · asked by ALAN B 2

can i buy these cards in stores that way i wont have to order them offline? if so can u tell me where

2007-10-10 03:07:07 · 4 answers · asked by Ikemefuna s 2

I recently changed job, and am making 25% less, with the money I have in a MM and my little bit in 401k (30k) I could pay off my house and then eventually pay off my cc# debt (which is about 20k, then my car which is 8k). This way I can afford to live at what I earn, and sock money away for retirement, in addition to joining my new companies 401k. I see this as a big chance to get a leg up on life. PS I will turn 35 years old in a month. Any advice would be appreciated- I just don't want to be one of those people whose house gets taken away if I loose my job or get seriously injured etc... I like the idea of knowing I will truly "own" my home! Thanks!

2007-10-10 02:37:42 · 5 answers · asked by Tamara 3

I have had huge bills from my current mobile phone provider and I just can't afford to keep it up. Am i able to cancel the current contract (pay off the money i owe) and start a new contract with a different provider without incurring huge charges??

The company I am with is three, can anyone tell me how long there contracts usually are?

Any help would be appreciated.

2007-10-10 01:45:51 · 16 answers · asked by Anonymous

Here's my problem. I had a 401k plan at my old job but now I'm going to be starting a new job that doesn't offer a 401k plan. What do I do? Do I cash it out? can my old job simply "hold it" for me until I roll it over to another company? Or do I transfer it to a IRA savings in a bank? Are there any other options or are these it, what's the best thing to do?

2007-10-10 00:39:17 · 11 answers · asked by dgirl9258 1

I have a friend that owes 2 months in back child support totaling $1,500. This is money that he simply does not have, because he has been paying ALL of the bills for his soon-to-be-ex and their kids for the past freakin year, because she doesn't have a job and refuses to get one. Not only has he been paying all of the bills (including their groceries), but he's also trying to pay off a ton of debt that she incurred during the 17 years of their marriage,

Does this seem fair to you??

2007-10-10 00:28:12 · 9 answers · asked by Gianna 1

i am not asking for the national minimum wage for 18-21 year olds as this is 4.60 and i know that. i want the london version which is higher. thanks :D

2007-10-09 22:43:56 · 8 answers · asked by penky03 2