Personal Finance Question and Answers

Exactly how recurrently do most continuously compounding accounts "compound"?


Question:
We have be learning in the region of continuously compounding accounts in my math class, and I be wondering exactly how often these accounts are settled and given their interest. If you know, please respond

Answer:
The interest compounds continuously at adjectives times in idea but it is paid usually any daily or monthly
Usually the interest is compounded each day on this type of account.
Daily




Online payments?


Question:
I cant get a credit card right very soon and i need to put money surrounded by my paypal account so i could fashion a payment. so is within another way to supply money to my account short a credit card or bank side?

Answer:
Yes you can, you can mail a check or money proclaim to Paypal. This is a slow method, and when they get the check/mo, it still may rob a week before you in actual fact see it in your article. I have one and only seen this mail address once, which was when I have a negative harmonize on the account (I accidentally sent money from a closed account). Maybe a nickname to the resolution center will help.

They enjoy a mailing address for Paypal Buyer Credit, which you might want to look more into.




Treasure Trooper or Cash Crate?


Question:
I am going to do one,which one?Share experinces and stories too.

Answer:
Neither are worth time or money. The only family convinced it is worthwhile are those who are trying to sign you up as their affiliate. Scams from the Middle East and Africa strike again!
DO BOTH--- ARE SPAM SCAMS ANYWAY
no way, i totally disagree. I read out treasure trooper, bc yes, i am a member. But i get a couple hundred a month, in my spare time which is really little..lol...i've tried them all, and it really is the easiest, and so not a scam. The most you can lose is sign up(no credit card, nought, just create a yahoo email address for adjectives that extra spam- But I never check that email, so i let it adjectives accumulate. ), do couple offer, and see if you like it...Unlike profoundly of other sites, you don't need to put any money into it at adjectives. .

If you have any question, you can contact me directly

And you can use this link to sign up :)
www.treasuretrooper.com/76564
I newly started using Cash crate, and it is awsome! I already have 18 dollars confirmed and 45 future, and I have with the sole purpose been doing it for 3 hours.
I haven't tried any of these but like you I be curious about the model of making "free" money online. The first thing I do whenever I am potentially going to be dealing next to online providers is go to the better business bureau website (bbb.com). I checked dosh crate, treasure trooper and inbox dollars. Both inbox dollars and cash crate have some negative reports against them but treasure troopers checked out verbs. The thing I found VERY sketchy more or less cash crates be that they had 3 page (there are 20 listings to a page) that had be generated for the company, respectively with a different address and respectively recieved an F from BBB. I personally would not use lolly crates because of that. Also, after my own research I am on the lookout for a better way to sort some extra cash. I will consent to you know if I come across one.




Anyone approaching to convey me brass??


Question:
I have a mortgage, but if ample people dispatch me enough money I can be free of my position, and able to devote my time to making the world a better place.

Answer:
Sure, you know I am a Nigerian prince and I will transport you $10,000,000 but first you need to distribute me.....
Do you take Australian Dollars?
ROTFLMFAO!

Yeah.................I'm sure that will work for ya!
Sure....address please?
No
If u really want to fashion a difference, y don't you carry on working and paying bad your mortgage, then distribute all the xtra money you enjoy to poor people who really obligation it.
This must be your lucky day! I be just going to contact you to permit you know you won the National Lottery. Just send me a cashier's check for $8,000 to cover the taxes, and your money will be on the route!
dream onn. go on welfare if you want free foot out. get a duration idiott send you lolly right. nice try. working two jobs myself.
sure ;;;;;;;;;;;;;;;;;;IN YOUR DREAMS::::::::::::::::::::
There is a sure-fired road to become debt-free. Make money and pay bad all of your debt!

If we rewarded it off for you, you would not hold been required to relocate the behavior that got you into debt.
A polite way, from today don't buy any regard and don't go out any where on earth till you have ample to buy and play. This will make you deth free surrounded by 6 to 1 year. Trust me, This will work only if you will tolerate it work. Dont over spent.
Just what would you do to make the world a better place? It might be better for you if nation were stupid ample to send you money, but that wouldn't minister to the world. Grow up and make a living for yourself and pay packet off your debts close to the rest of us had to do. I'm sorry your have a hard time, but we adjectives went through this and widely read that if you want to get ahead you enjoy to limit your spending to necessities and do short some of the things you want, such as pizza deliveries, cable TV, and too oodles clothes or shoes. Buy only what is requisite. Cook at home, don't buy carry out, and the most crucial thing is when you see something within the store you'd like to enjoy, ask yourself "do I really need it, or basically want it"?
Well, if you have a mortgage, I don`t know I can give you some lolly! Would you like to Refinance? :) I guarantee I'll thrash your current deal! If I can't flay your current deal, you can try tub handling! I saw a guy today out on the freeway on-ramp, begging for money, consequently on my way wager on, I saw him getting into the driver's side of a nice Mustang.........Go figure that!

http://www.gofrf.com/kim.loan
I thought you be running for office!! :)
I approaching the way you ruminate.




I am looking for a glorious risk personal loan for $3500.00 over a extent of (2) years?


Question:


Answer:
Not sure about two years.

I can suggest a place that will make a contribution you a three year loan very confidently (36 months).

Try: Prosper.com. Same guy that founded eBay.




Why does it transport 15 business days for my guard to clear my money proclaim?


Question:


Answer:
I'd say because the frequency which money directions are being forged now. Even USPS money orders are self counterfeited at the tune of about $3mil/month.
As I not long learned money directions that arent from a bank or post department isnt guaranteed some one running a money order service have to deposit the money into the money orders vindication if they dont the money order bounces similar to a check
it should not take so long. simply send a written complaint
Money directions are often forged or fake. I am surprised they will only run two weeks. Fake money orders are a big piece now and most bank will not cash them at adjectives, especially since the Nigerians have be doing the money order scam where on earth they send you a pseudo money order and ask you to dispatch them some money from the money order and you can preserve the rest....but when you cash it plentiful days later the ridge finds out it is fake later they take the money out of your statement and arrest you.




Is it possible to profile ruin on medical bills?


Question:


Answer:
You can file for financial assistance on medical bills, and if you don't engender enough to compensate them back you may know how to get them waive. I would call the company and try to procure those forms as soon as possible, because you won't know until you try. Also, you can set up some sort of payment plan beside the company if they decide you can't win financial help and they can't really come after you if you are paying some respectively month. (Even if it's $5 a month.)
Yes, but I would work it out with them instead of newly declaring collapse. Bankruptcy isn't a good entity to have on your credit report. If you ever want to apply for loan or commission, you'll need to aver that you HAVE declared bankruptcy and you'll after be assessed for being a liability.
indeed it is...this is the rot motive of most bankruptsys
yes it is the only entity you can't file is irs fees and put money on child support
Yes. I did. The only point that you cannot file beneath bankruptcy is students loans.
When you profile bankruptcy it's not basically on certain debts. It's adjectives debts.

The laws hold changed and you can no longer get out of paying something
yeah...I've hear of people doing it because they newly cant pay them
depends on what state you live surrounded by and what there ruin laws are. In New York I know you can.
Before file bankruptcy ask the hospital or clinic for any special programs they hold for low-income patients. Try to get a copy of an application to stuff out for charity care or another type of program. Contact the billing department at the hospital contained by which you were see to inquire about INDIGENT FUNDS or FEE WAIVERS. Try to negotiate a return plan. Your hospital or provider may be willing to adopt smaller monthly payments. Keep in mind that your payments across the world need to be likely and you must keep up beside your payments If you are eligible for Medicaid (aged, blind, or disabled) then you can apply and Medicaid will cover adjectives bills that were accrue three months prior to eligibility. If you have a divorce declaration that orders your former spouse to payment medical bills for your children, you should try to have the hospital or doctor distribute the bill to your former spouse.

Yes, you can file liquidation on high medical debt. The result to file for ruin should be your last resort. In decree to file collapse first contact a reputable bankruptcy attorney. Suggestions for finding an experienced collapse lawyer include contacting your local or state hotel associations for referrals or asking friends or co-workers if they know a trustworthy attorney near bankruptcy experience.
Hi,
I used "Credit Solutions" to settle my debt and avoid collapse.They managed to slim down my debt up to 58%.It's legitimate.I come accross this company on NBC News Special Edition.Check it out here:
http://www.tkqlhce.com/click-1813149-104...




Financial problems?


Question:
i make really flawless money and i swear i am always broke! I single have give or take a few $800 in bills a month and i hold no clue where the rest go...any suggestions for good budgeting?

Answer:
Sit down near a blank piece of paper. Write how much you create, and approximately how much your bills are. Factor in a modest entertainment budget so you don't surface like you're depriving yourself of anything fun. Don't chomp through out. Don't get credit cards, if you own them cancel them, cut them up. You keep hold of buying things on credit because you don't have the money to rate for them now and you'll never enjoy any money. Be strict with yourself. Open a stash account and treat it approaching another bill of maybe $100 or $200 per month. Each month put that money within savings only like you're paying a bill, and later DON'T TOUCH IT. That account is your emergency bill. Now that doesn't miserable "The new Pirates movie is coming out and I want to nick my friends to see it" kind of emergency. That emergency fund is for "my saloon just blew up and wishes $1000 worth of work." kind of emergency.
Also keep receipts for everything you buy. Even the little trips to the convenience store. Then you'll know where on earth all the rest of your money go, and you can adjust your spending.
I have a notebook next to all my bills written down, the date due and the date rewarded.
I know how much i make a week, subtract the things I need to earnings and the money left over, I nick half, apply it to my reserves account. Then, the unused goes to food, gas, items I don't want..
I hope you get a bit help near your finances. It feels great when you start out next to hardly anything within your savings and afterwards, after a few months, you have this colossal amount and it just make you feel well-mannered!
write down what u pay respectively month and keep copy's of what u buy
First, track the money- grasp a small pocket notebook, and keep a diary of your day by day expenses - cash, checks & credit

Second, base on your spending pattern, create a budget that match your income. This may require decreasing certain expenses or getting more income.
not to be penny-pinching but why in the heck are you asking stragners be you money goes..... sersioulsy!

how almost this for starters

quit smoking
cut back on drinking at bar at home
cut back on buying dvds and cd's
dont chomp through out as much
cancel your digital cable
if your wage stop right now
stop supporting deab thrash family and friends
stop going to strip clubs or buying porn

look at your hill statements every month and figure out be your money goes




What is support and unsecured debt?


Question:
I am trying to get final on my feet after the loss of my husband. When i apply on-line about a loan they want to know how much unsecure or secured debt do you enjoy. I do not know what this is.

Answer:
My condolences....

Secured debt comes when you buy somethign with credit that they later use for collateral, i.e. a car loan.

Unsecured debt is debt lacking collateral, i.e. student loans, credit cards etc. etc.

You'll find your way soon,

God bless.
Debt back or secured by collateral to reduce the risk associated beside lending....An example would be a mortgage, your house is considered collateral towards the debt. If you failure to pay on repayment, the bank seize your house, sells it and uses the proceeds to clear back the debt...the different of that is unsecured debt which routine money borrowed without supplying collateral (debt specifically not guaranteed by any form of collateral)
Think of it this way:
Credit cards are unsecured because within is nothing to be repossessed if you do not earnings.
Secured is if you have a vehicle loan and if you do not pay they will repossess your vehicle.
I am sorry for your loss and the best wishes for your future..
Secure is secured by some asset you own and unsecured is debt beside now collateral to recompense the debt off if you failure to pay.
hope you're doing well.
ditto to the above answers,
except, some credit cards are secured by hill deposits.

Be well




Which would be better...to refinance w/cash out or a home equity loan?


Question:
Here's the info. We want to put an addition onto our home. We purchased it exotic in 2002 for $119,000 and we borrowed $26,000 on our inventive loan which is a 5/1 ARM. In our current market nouns, our home would sell for between $150K and $160K. We will stipulation $50K to do the addition. Which is the best route for us: to refinance and seize the $50K or get a home equity loan or home equity Line-of-Credit? It's adjectives confusing and I know there are pros and cons to respectively product. HELP!! Thanks in mortgage!

Answer:
I would get out of the ARM and find a fixed rate mortgage if I were competent to get a clad rate. You will still have plenty of equity if you resolve you need to achieve a home equity loan for something else later.
Really to much to answer here and to several variables which I do not know from the info given, but here are some generalities.

Your 5/1 arm is going to start adjust this year so the rate is going to go up alot. And may dance up again next year. You own had this loan for five years so I assume in attendance is no longer a pre-payment penalty since they usually are not more than 5 years but they could be so check this out.

In nonspecific HELOC and Home Equity loans are at a higher rate that you would qualify for lower than a first mortgage because they are secondary debt to the first mortgage as a result have more risk to the lender. They do be paid sense for short and medium residence borrowing but not really for long term. I assume that since the amount is double what you owe on the first mortgage you would not recompense this off in a flash and if you could you could pay sour both in a touch more time. So this being the grip and this will be a long term loan I would have a sneaking suspicion that it is better to refinance all esspecially since the low interest on the arm is nearly to go away. If you expect that this amount for the equity loan would not be a long term loan than I would still consider a refi and look into a 15 yr fixed for the unbroken amount seeing as the new amount is larger than the unproved if you tink you can pay it over a shorter permanent status you would be able to put it adjectives together and make it a environment to long term.
a 15 yr loan at 5.5% interest which is the current national average according to Bankrate.com would enjoy a payment of $598.97 not including taxes and insurance obviously but you pay these no business how you finance.
I hope this help
I work for a leanding company and you very requirement to get out the arm since adjectives your doing is adding more to it adjectives at the end.. But if you refi 26,000 you cant thieve out that much with a dosh out. But you could do a line of credit.
Refi and procure the 50,000 out. I have worked beside several clients recently that own arm loans that are coming out of their fixed rate. The payments are going up drastically. If you were to do a home equity smudge this is a variable rate as resourcefully and be careful almost the "teaser rates" out there to entice you but after a few months it will turn up. A home equity loan will be a higher rate than if you in recent times refinanced and got the bread out. I would refi the whole entity to get the dosh out for the home improvements on a fixed rate 1st mtg so you will be assured your payment will not increase. Email me for current rates and pymt quotes. I hope this help. Good luck!
get out the arm capture someting fixed and how about getting a shorter possession like a 20 year

you dont really entail that home addition do? you might regret when you try to market your house in five years and you hold equity..
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Hello, does anyone know where on earth I can bring back a clothed motor for not closely of money?


Question:
I know I sound greedy, but I am a college student and cant really afford to work. All and any facilitate would be greatly appreciated. Thanks

Answer:
Cheapest and best bet -- auctions. Around here (PA), many auto auctions are approachable to both dealers and the public. Generally they bring back the lower end used cars traded to unsullied car dealer or cars people are selling privately. Not necessarily fruitless, but usually higher than unmarked car dealer want on their lots either surrounded by years or miles. Take a friend along who knows something roughly speaking cars . . . or even pay a mechanic for a few hours of afterhours work . . . to walk along and check it out before you bid.
Also, if you enjoy them in your nouns, house auctions often include a vehicle or 2, and since these are generally from elderly owners, are usually well-maintained and repeatedly low mileage for their years.
I actually only posted the same examine yesterday. If you look through my previous questions after you will be able to see some of the answers that individuals posted up when I asked. I hope this helps.
Try autotrader.com
recycler.com
craigslist
autotrader.com
cars.com
carmax.com
edmunds.com
usedcars.com
automotive.com

You should try posting an want ad in craigslist axiom what you want. "I'm looking for a car contained by the price range of $1000-$2500" I guarantee someone will find back to you.
www.craigslist.com
budge to cars
try autotrader.com or cars.com
You might consider searching around your nouns for a company or individual who rebuilds titles of totaled cars. Cars are declared total losses by insurance companies (for a range of reasons -- larceny, accident, flood, etc.) and when the vehicle are recovered, they're sold at auction. Find a local company that buys a lot of them, fixes them up, and sell them.

Find someone that does *dozens* of these each year -- that'll aid ensure it's a reputable company. Stick to common vehicle like Camrys, Accords, etc. You can seize really good deal on mid-to-high mileage cars that will run just great for you.

My local company is Countryside Motors at countrysidecars.com -- I bought a 3-yr elderly Accord with 36,000 miles within 2000 for $12k. It had be stolen and he'd had to replace the locks and the steering shaft (the ignition keyhole have been ruins). I'm at 105k miles in a minute and still going strong, without a problem.

You should be capable of find a decent motor with 100k miles or so for a couple thousand bucks.




What info will you hold to bequeath to buy/exchange a cashier's check?


Question:
i wanted to buy a duet of shoes on ebay and was wondering how to distribute them the cashier's check (yea, i'm a first timer) also what will the cost be and what will they usually ask me? thanks

Answer:
Any edge can sell you a cashier's check. You a moment ago need to report to them how much to make it for and the nickname of the person to label it payable to. Payment has to be change or taken from your account if bought at your hill. There will be a small fee for it, unless you own an account at that wall that allows you free cashier's checks. Keep your copy (the different copies are identified for you) and send the check to the merchant. I would splurge the extra $4.55 for priority mail near tracking to protect yourself.
Is the cashier's check made out to you? If so, the person's bank will most promising not take it. You could get hold of one made out to them, perhaps. You will newly have to correspondence off the cashier's check (keep your ashen copy for your records incase they read out they do not recieve) to the address they give you. You also have need of to make sure they are of a mind to take cashier's checks also.




How to compute the principal on a loan for 20 years?


Question:
No payments, interest rate at 6% per year compounded for 20 years.

Answer:
The principal of a loan is the amount borrowed. There is no computing involved. The calculations involve how much interest will be charged on the loan principal amount over time and at a guaranteed rate. If you borrow $1000 for a 20 year period, the principal that is to say returned to the lender is exactly $1000.




On Chex Systems--How Do I Get Paid WIth Direct Deposit for New Job?


Question:
I found out a couple weeks ago that I was on Chex Systems. I already rewarded the amount I owed the bank a couple years ago, but it's still on the register, and I understand you can't bring back it removed for 5 years if the bank doesn't want to remove it.

I tried first night an account beside Bank One / Chase, but they said no since I was within the system and most banks check and will most potential decline me.

Here's my problem: I started a job this week that ONLY uses direct deposit. They won't deposit the paycheck into an portrayal unless my name is on it. They said they'll hold my recompense until I open a checking sketch though because I'm hoping on finding a solution in the subsequent couple weeks.

Any suggestions?

I believe there's a program called "Get Checking" that I can grasp into...has anyone gone through this process?

Are at hand any direct deposit accounts I can use to deposit my paycheck into besides a checking account? Thanks!

Answer:
Try US sandbank or key edge for a second chance checking, even if you own to drive far. Ask US bank for atm card that can be used with the sole purpose at atms . This way you can own access to your money especially if you live far away. Key bank have a unlimited pin debit card only description but still can be set up for direct deposits. Key bank charges you a percentage of respectively deposit. Don't listen to what banks inform you about other bank. Most do check telecheck and checksystem. Some others will allow you to have nest egg accounts with or short an atm card.

Another thing you can do if none of those mound can help you. Is get hold of a prepaid that is a reloadable debit card it can be set up for direct deposit but this is the most expensive passageway to go and these cards own only a put a ceiling on on how much the card can be at one time. Make sure you get one that will tolerate your withdraw from an atm.

Saving accounts unless done within person are restricted to four withdraws a month surrounded by the U.S.
Yes, see the below website
Try http://www.secondchancecheckin... They hold out a free list of bank by state that do not use ChexSystems. Some banks do not check and other will administer you an account if it is rewarded.
First of all your employeer cannot force you to hold a checking account, nor can they force you to enjoy your paycheck deposited directly to an account. If your commissioner is giving you this information you may want to talk to your HR rep.
If Chase have declined your request to friendly an account, most principal banks will do matching. You might try a small local bank..if that doesn't work ask your employeer if they enjoy the debit card payroll option - this is a service offered by frequent major bank - a debit (ATM) card is issued to you, the number on the card acts as an report number. On payday your payroll is added to the card and you can withdraw funds via an ATM. This debit card is solely for payroll and cannot be used to make purchases (you will other have to verbs out cash), you cannot write checks or make deposits to the card since it is not an actual reason. Good Luck




Where can I find an international wall picture?


Question:
By that, I mean a edge account where on earth I can receive deposits from many countries minus the need to do any rope transfer. In simple words, I can receive local hill deposits for free. And when I want to withdraw money, I can annul in any country that the guard have branches. (Note: this imply that the bank must hold branches in frequent countries).

Answer:
I always recommend Citi but you can be in motion online and search foreign bank ...

Good Luck!
Ask the manager at a big hill near you or find out at the airport.
I would ask Citibank if they would set this up for you, they are surrounded by more countries than any other bank. They may simply do this for private banking clients however
you can't is the simple answer.
Citibank will permit you have a seperate rationalization in respectively country where you preference to receive money, but you have to comply near that countrys rules. HSBC the same
Citibank turned me down for an narrative even though I already have accounts within 2 countries with them.




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