fbpx

Rapid Reader Questions: Walmart, Apartment, Credit Risk, College

Q: Does a credit union have to provide a member in writing the amount of interest paid on a loan for tax purposes? A: Depends on what kind of loan it is. Reporting would be voluntary or required by IRS on certain types of loans. Q: How can a financial company put a charge off …

Read more

How Can I Get In On the Lawsuit Against HSBC for Forced Placed Insurance? – Deb

Question: Dear Steve, From 2001 to 2008 my husband at the time and I were going through Beneficial Finance for our mortgage on 2nd house. About 2 years ago, I received a notice from an attorney group stating that Beneficial Finance, aka HSBC, aka HSB was being sued for having clients who had loans sign …

Read more

If the Creditor Didn’t Apply My Payment Do I Have to Pay for a Stop Payment?

“Dear Steve, I’ve been writing checks for my elderly mother in the nursing home to cover her co-payment for the last 4-5 years. In November I hand delivered a check payment to the home and got a note with the last bill stating that deposit was not shown although I made the payment would I …

Read more

Why Am I Not Getting My PayPal Master Card E-Statements From Synchrony Bank?

“Dear Steve, I have signed up for e-statements. The email account to which they were being sent was changed in October since I was not receiving the statement monthly and the “customer service” representative suggested that of course the problem must be with the email service (G-Mail!). I changed the email to my work email, …

Read more

Will I Be Able to Open Another Bank Account Because of My Bankruptcy? – Mary

“Dear Steve, I’m in the process of filing BK. I owe another bank money in overdraft fees and my present bank’s credit card is included, so I need to close that account also. I am not able to open an account at a regular bank becuz there part of a pay chex system in which …

Read more