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How do I get an auto finance company to stop calling me? May 9, 2010

Posted by Banking in : Other - Business & Finance , 4comments

No-Dogg asked:


A former friend took out a car loan and wasn’t making payments. Without my knowledge, he listed my name as a credit reference with my phone number. I haven’t seen this guy in over a year and they are calling me everyday asking about the car or money. I don’t have any knowledge of his whereabouts. Isn’t there anything I can do to make it so they can stop calling me besides telling them to stop(which I already have) They never called me to confirm whether he is a credit risk or not, but we already weren’t friends, so I would have said I can’t vouch for him. Any help would be appreciated

What are the steps of closing bank accounts? May 7, 2010

Posted by Banking in : Personal Finance , 2comments

I’m moving and need to put my money in a bank closer to my new house, what would be the steps to doing that? Also, how would I treat CDs, because there is a penalty if I take the money out before 5 years. Would it be different if I watned to close teh account than if I just wanted to take the money out of the CD?Submited by:chrisbottan

How many credit cards should you have to rebuild credit? April 30, 2010

Posted by Banking in : Credit , 8comments

I am trying to rebuild my credit after ID theft, a couple of problems that were mine and years of basically not having any credit reported. (I primarily use my debit card and pay cash for everything). I make good money now and am trying to rebuild in order to purchase a condo in the next couple of years. My good accounts (rental, club, cable, cell, etc.) have not reported my good credit. So how many cards should I take out that will help boost my credit score but not hinder my credit. Thank you!Submited by:Nikita

What happens if a bank account is garnished for an amount more than the available balance? April 22, 2010

Posted by Banking in : Personal Finance , 5comments
My friend just got his account garnished today by american express for $19,800. He only had $400 in the account. Now is HSBC bank account balance is (NEGATIVE) $19,400. Does that mean American Express got there money and he owes HSBC? Bank?

By: tkessandoh

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What kind of account and at which bank should I put the money I want to save? April 3, 2010

Posted by Banking in : Personal Finance , 3comments

I’m in college and have a part time job. I’ve decided that I want to open some kind of account from which I can not take money out of for a certain period of time but still be able to put money in whenever I want. What kind of bank account should I open and at which bank?Submited by:Allie

What happened to the savings of people in the 100 banks which have failed? February 25, 2010

Posted by Banking in : Other - Business & Finance , 2comments

Kevin asked:


Yesterday in the news it was announced that the 100th bank failed since the beginning of the year. My question is: Did the bank customers in those banks lose their savings? Were their accounts locked, or were those banks bought by larger banks? Did people lose their money or not?

Please no guesses or opinion. If you know the answer that it what I am asking for.

How do you report a website illegally selling credit card and banking information? February 11, 2010

Posted by Banking in : Law & Ethics , 2comments
Zach L asked:


I looked up a family members name on Google and found their name and credit card information amongst a list of hundreds of others with credit card and banking information available for sale, and also illegally selling verified PayPal accounts for money. How do I report this? Clearly it’s extremely illegal..

Thanks.

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