Search found 55 matches

by OffTheGrid
Wed May 09, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Again, for the people in the back: We are not avoiding this dealer... we've asked both to bring the car back AND said, look, we can have X person co-sign and IN BOTH SCENARIOS they have been pathetically slow at doing anything. They have supposedly "rushed" a new contract over to our co-signer... ha...
by OffTheGrid
Tue May 08, 2018 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

I would add that the deception was this (and this was why I started the thread): The financing department ran his credit and literally told him it looked excellent, and we were led to believe that financing *had* gone through when we were at the dealership. That was not the case... Of course the con...
by OffTheGrid
Tue May 08, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Sorry for the delay in posting an update. I'm afraid it has been a rough week for us, as on top of all of this... the seller for the house we were buying backed out. Long story, but short version: our house hunt has been quite awful and we're a lot more bummed about that than the car! I want to *aga...
by OffTheGrid
Fri May 04, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

One more update: We're losing even more faith in this dealer. We spent the week playing phone tag. We would call them, and once we started asking any questions they would get confused and tell us they'd "call us right back." Then we'd wait the whole day. Then the next day they would finally call, al...
by OffTheGrid
Wed May 02, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Just came here to update: none of our credit cards can be joint user, he can only be an AU... which is making more sense to me now because I thought we were joint owners because we opened the accounts together. The dealer seems to be back-peddling a bit now, after we told them we didn’t have a co-si...
by OffTheGrid
Tue May 01, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Thanks all (to those who stayed on topic, at least :D ... ) I don't believe, for example, if I were to co-sign that my mortgage would be greatly affected. I personally have 800+ credit (and I saw the report the lender pulled). Nonetheless, there is ALWAYS a chance that when we close and the lender s...
by OffTheGrid
Mon Apr 30, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

I did not think this would get so off topic. We don’t “work hard to keep separate credit” but we are getting a mortgage just based on my income alone, plus I have the more established credit history anyways and with a slight edge in numbers. Because our car died we needed a new one and we thought it...
by OffTheGrid
Mon Apr 30, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

I feel like a broken record but I’m saying it again... YES I know what was in the credit report and NO it was not because of debt-to-income ratio. We are NOT ignoring them! We’ve talked to them about this. At the moment, they don’t really seem to care he doesn’t have a co-signer. (I don’t know if th...
by OffTheGrid
Mon Apr 30, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

So I get it if they are just counting his income... but then when the heck did a 10% debt to income ratio become “high risk”?! My husband spoke with financing again, and they did admit it had nothing to do with debt to income just the AU thing, and my husband said he did not have someone else to sig...
by OffTheGrid
Mon Apr 30, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Update: we are waiting for a call back, as no one was available when we first called, but they left a follow up voicemail saying it was because *most* of my husbands credit cards are as an AU (I opened them with him...) That’s it. Pretty annoyed at 1) the dealer and 2) myself, for not just getting s...
by OffTheGrid
Mon Apr 30, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

To clarify, since it has been asked: the dealer’s finance department based the loan on our combined household income, but even if it wasn’t ... we’re talking a low debt-to-income ratio. I check our credit regularly and they even told us his score. They pulled his “lowest” report but it was still 740...
by OffTheGrid
Mon Apr 30, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

I’d love to say that we’re returning the car...

but we also really need a car! 😬 so...

Can anyone even explain to me WHY someone with great credit would need a co-signer? That almost confuses me more than the fact that they want to go back on the deal...
by OffTheGrid
Mon Apr 30, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17808

Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

My husband recently signed a lease for a new car and we picked it up yesterday. He has excellent credit, steady employment, and no debt (other than the new car). We get a call today from the dealer today saying they made a mistake and actually need a co-signer! Needless to say I’m furious. He has gr...
by OffTheGrid
Tue Dec 19, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Online vs. Local Banks for Mortgage
Replies: 5
Views: 871

Online vs. Local Banks for Mortgage

Are there advantages or downsides to going with an online -- or other non-local -- home lender? We're shopping around for a home loan now (our first) and while I keep seeing fantastic rates advertised by Quicken Rocket Mortgage on ads (and getting lots of emails advertising low rates for Ally, CapOn...
by OffTheGrid
Tue Aug 29, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 33556

Re: What to do when a parent's money runs out?

Man, this thread has me worried. I've been wondering the same thing! My MIL has absolutely no clue and is currently wasting away her very small amount of savings. The only reason she isn't working is because she didn't like her boss and she has no plans to get another job. She's just waiting to take...
by OffTheGrid
Mon Jul 31, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: traditional or Roth 401(k)?
Replies: 12
Views: 1007

Re: traditional or Roth 401(k)?

Just wanted to stop in again to see if anyone could confirm that, as the wiki linked previously stated: "if your employer offers both traditional and Roth accounts, any match goes to a traditional account." So, I'd really actually be getting a mix of both accounts with the Roth option? Also thank yo...
by OffTheGrid
Thu Jul 27, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: traditional or Roth 401(k)?
Replies: 12
Views: 1007

Re: traditional or Roth 401(k)?

Thanks for all the input so far. We are in the 15% bracket, and our state has no income tax. However, it is expected that our income will be significantly more down the road, which is why I am leaning towards Roth 401(k)... I noticed on that bogleheads' wiki link FiveK provided that "if your employe...
by OffTheGrid
Wed Jul 26, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: traditional or Roth 401(k)?
Replies: 12
Views: 1007

traditional or Roth 401(k)?

I will possibly be starting a new job by the end of this year, and I just wanted some input on the employer-sponsored 401(k) plans that would be offered to me. Neither my spouse nor I have been employed somewhere that offered a 401(k), but we do each have a Roth IRA that we try to max-out each year....
by OffTheGrid
Wed Jun 28, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: what would you do? considering relocating and visiting area first
Replies: 10
Views: 1198

Re: what would you do? considering relocating and visiting area first

The company does not typically relocate people (I think they have only done 1 hire this way so far... the company itself has only been in the area for a few years now), so they don't have a relationship with a real estate firm (I think) although I can ask if they have recommendations. We'd be lookin...
by OffTheGrid
Wed Jun 28, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: what would you do? considering relocating and visiting area first
Replies: 10
Views: 1198

what would you do? considering relocating and visiting area first

I recently posted about whether we should rent/buy if we decide to move in the next year, and got some good feedback so I'm looking for a little more advice. (The advice being, mostly: rent for a year and then look at what kind of mortgage we can take on). We are planning a short trip to the area we...
by OffTheGrid
Mon Jun 26, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 221
Views: 34251

Re: Capital One 360 $200 bonus

Did anyone get this $200 CapOne bonus after already having a CapOne 360 CD? It says not eligible if you've gotten a "savings product" from them before, but it sounds like at least one person on Dr. of Credit (in their post's comments) got the bonus and had a CD in the past... Seems like they're just...
by OffTheGrid
Thu Jun 22, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage and Low-Income
Replies: 26
Views: 3402

Re: Mortgage and Low-Income

Thanks for the additional insight about down payments, I appreciate it. I wasn't really interested in stretching beyond 20%, but I wanted to hear if there were other considerations I didn't think of... As for not "fitting in" in a certain neighborhood, I'm not quite sure I agree. I'd say I feel awkw...
by OffTheGrid
Wed Jun 21, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage and Low-Income
Replies: 26
Views: 3402

Re: Mortgage and Low-Income

Just want to check again to see if there is anyone who can give insight on whether or not putting MORE than 20% down on a house is a bad idea? I'm really interested in knowing whether that's ever a good idea because we will have a large amount (at least $40k to $50k) to COMFORTABLY put down on a hou...
by OffTheGrid
Sat Jun 17, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage and Low-Income
Replies: 26
Views: 3402

Re: Mortgage and Low-Income

Thanks all for the advice. It looks like short-term rental will be the way to go first if we do move. I am curious... is it ever wise to put down more than 20% on a house? For example, we actually do have ~$10k more in savings that we're comfortable spending to add to the $41k for a down payment (th...
by OffTheGrid
Fri Jun 16, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage and Low-Income
Replies: 26
Views: 3402

Re: Mortgage and Low-Income

As a mortgage banker, we have to verify "income consistency," and that means that wages earned in a new job usually don't count until they have been earned for 1-2 years. There are exceptions - for example if you have a long term employment contract have moved immediately from a similar job in the ...
by OffTheGrid
Fri Jun 16, 2017 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage and Low-Income
Replies: 26
Views: 3402

Mortgage and Low-Income

I've been reading through a lot of threads lately about buying homes, but haven't yet seen anything for people who are buying with very limited funds/incomes. Our family is considering moving out of state for a job; the area is comparable to where we live now, property taxes are low and both states ...
by OffTheGrid
Fri May 12, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: New with a Question. [Where to save cash to pay taxes?]
Replies: 9
Views: 1142

Re: New with a Question. [Where to save cash to pay taxes?]

Not to hijack this thread, but since the question/concern has been raised... I was under the impression certain criteria had to be met before being penalized for not paying taxes quarterly. Maybe this isn't relevant to the discussion because, obviously, it sounds like OP will owe a decent amount of ...
by OffTheGrid
Tue May 02, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Truck purchase: buy new vs buy used vs lease analysis
Replies: 23
Views: 2763

Re: Truck purchase: buy new vs buy used vs lease analysis

I know you're wanting a newer-feeling, gas-engine half ton, but I'd just thought I'd chime in: We've had both an '02 F350 (diesel, manual) and an '06 F250 (diesel, automatic) and both got them for a steal -- each under $7k. In fact, the '02 engine is actually a coveted model (they changed the engine...
by OffTheGrid
Mon May 01, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 221
Views: 34251

Re: Capital One 360 $200 bonus

Am I wrong in assuming this is a slightly different, but better promo? Looks like you can now get $400 ($200 per account for $1000 deposited) by opening both a checking and MM until the end of June:

https://www.capitalone.com/together360/
by OffTheGrid
Sat Apr 29, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: calculating best house value across US markets
Replies: 18
Views: 2456

Re: calculating best house value across US markets

ourbrooks -- I actually already deal with the things you mention. Definitely not the best situation and something I've learned to work through, but I honestly doubt we could move somewhere more rural in the mainland US. I didn't know about the Housing Price Index, and I will definitely be looking in...
by OffTheGrid
Sat Apr 29, 2017 11:54 am
Forum: Personal Finance (Not Investing)
Topic: calculating best house value across US markets
Replies: 18
Views: 2456

Re: calculating best house value across US markets

RoadHouseFan -- that's pretty much what I was thinking anyways. btenny -- how did you know I hate tornadoes?! I totally hate tornadoes, haha. I'd take a hurricane over that any day. But yeah, weather/climate is a factor too. Hopefully someplace southern will be pretty and warm. I'm tired of harsh wi...
by OffTheGrid
Sat Apr 29, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: calculating best house value across US markets
Replies: 18
Views: 2456

calculating best house value across US markets

This may seem an odd question to ask, but basically I'm wondering if there is a calculator or some way online to go about comparing how much house (on average) some X amount of money would get you across markets in the US. We'd really like to buy a home (or build/renovate extensively) somewhere with...
by OffTheGrid
Sat Apr 22, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2692
Views: 519587

Re: What's Your Credit Card Rewards Strategy?

Thanks FedGuy -- I had heard of (but was confused by) the Citi Double Cash card... I just don't understand why it isn't a straight 2% cash back. Seems so weird. I wasn't actually aware of the Fidelity Visa, so thanks for the tip! I'll look into both of these a little more, while considering the Amex...
by OffTheGrid
Sat Apr 22, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2692
Views: 519587

Re: What's Your Credit Card Rewards Strategy?

Posting here to get some advice on our cash back strategy... Goal: Primary goal is cash back, but because we live far away from friends and family we keep a travel card on hand for flights. Cards: CapOne Quicksilver -- 1.5% cash back on everything + no fee. We use this for basically everything (that...
by OffTheGrid
Fri Apr 07, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 30392

Re: Low-earners- What is your profession?

This is a good thread -- I lurk around the forums and I'm always quite surprised by the amount of savings and income people have! Of course I'm aware its well above average. We're super-low earners. We have one toddler and make roughly $25k a year.... I just started up working more after having our...
by OffTheGrid
Tue Apr 04, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 30392

Re: Low-earners- What is your profession?

This is a good thread -- I lurk around the forums and I'm always quite surprised by the amount of savings and income people have! Of course I'm aware its well above average. We're super-low earners. We have one toddler and make roughly $25k a year, as I haven't worked full-time the last couple years...
by OffTheGrid
Mon Mar 06, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: liquidate EJ assets and then move to Vanguard?
Replies: 7
Views: 693

Re: liquidate EJ assets and then move to Vanguard?

Okay, thanks all for taking the time to explain. Just wanted to be clear on everything before moving ahead with this!
by OffTheGrid
Mon Mar 06, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: liquidate EJ assets and then move to Vanguard?
Replies: 7
Views: 693

Re: liquidate EJ assets and then move to Vanguard?

This is a plain-old investment account.

Please excuse my complete lack of knowledge when it comes to capital gains... I'm reallllly new with this stuff. He acquired it a little over year ago and it was valued at a $900 less. So would it be the $900 increase in value that is taxed?
by OffTheGrid
Mon Mar 06, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: liquidate EJ assets and then move to Vanguard?
Replies: 7
Views: 693

liquidate EJ assets and then move to Vanguard?

I'm a little unclear on the best method of transferring assets to Vanguard. We've got about $7500 of mutual funds over at EJ (I should say this is my husband's individual account that he inherited) that we want to move to a joint account at Vanguard. Since we're not keeping these funds and want to s...
by OffTheGrid
Sun Mar 05, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: different tax software, different refunds -- ACA credit problem?
Replies: 4
Views: 530

Re: different tax software, different refunds -- ACA credit problem?

Yeah I'm feeling confident with FreeTax now, glad to see others like it... I like being able to see the forms and I feel like I have more control. I've never used it before so that's why I was a little unsure, especially after the problems/different refunds I get with other software. I thought H&R B...
by OffTheGrid
Sun Mar 05, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: different tax software, different refunds -- ACA credit problem?
Replies: 4
Views: 530

Re: different tax software, different refunds -- ACA credit problem?

Update: just did FreeTaxUSA. Got yet another different refund, in between CreditKarma's and H&R Block's -- they included the amount of ACA premium credits we were owed in the refund, but lowered our EIC by just a little bit. I'm inclined to believe FreeTaxUSA is actually more accurate because I coul...
by OffTheGrid
Sun Mar 05, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: The Joys Of Tax Season! :(
Replies: 55
Views: 5376

Re: The Joys Of Tax Season! :(

Rental properties are the WORST. We don't have any but I often do other family members' taxes as well. Had someone with a rental property they made major upgrades to and it was a nightmare trying to sort out. Got conflicting information everywhere I went! I'm not doing that person's taxes again this...
by OffTheGrid
Sun Mar 05, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: different tax software, different refunds -- ACA credit problem?
Replies: 4
Views: 530

different tax software, different refunds -- ACA credit problem?

So typically I buy TurboTax Business to complete our taxes (as well as several family members'). I'm trying out some free programs this year and thinking of doing the forms I need paid software for by myself (we need to file a 1041, 1116, and have some non-resident state income so this makes it impo...
by OffTheGrid
Mon Feb 27, 2017 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: moving & switching funds EJ -> Vanguard
Replies: 3
Views: 545

Re: moving & switching funds EJ -> Vanguard

This is going to be a taxable account -- sorry for forgetting to mention!

Thanks for your advice and the wiki link!
by OffTheGrid
Mon Feb 27, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: moving & switching funds EJ -> Vanguard
Replies: 3
Views: 545

moving & switching funds EJ -> Vanguard

When moving an account to Vanguard (from EJ -- full of inherited mutual funds we don't want), you get the options to either "reinvest" or "transfer to money market settlement fund" -- if I plan to invest in a different index fund (than the mutual funds currently making up this EJ account)... is one ...
by OffTheGrid
Mon Feb 27, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 2053

Re: Just beginning: $40k to open taxable and IRA accounts

So a couple things. First, we'll actually be investing $45k (not $40k) as originally planned. We're planning to do a 50% Total Stock -- 20% Total Int'l -- 30% Total Bond split. It'll look like this: His Roth IRA ($11,000) $ 4,250 — Total Stock VSTMX $ 6,750 — Total Bonds VBMFX Her Roth IRA ($11,000)...
by OffTheGrid
Sat Feb 25, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 2053

Re: Just beginning: $40k to open taxable and IRA accounts

blastoff -- are you asking if we have an HSA or suggesting we get one? We don't have one. (Our current insurance has a low deductible and out-of-pocket.)
by OffTheGrid
Sat Feb 25, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 2053

Re: Just beginning: $40k to open taxable and IRA accounts

nps -- that's what I was wondering, thank you for clarifying!

Thanks all for the help, I appreciate it.
by OffTheGrid
Fri Feb 24, 2017 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 2053

Re: Just beginning: $40k to open taxable and IRA accounts

Ok, I realize I gave a bad example and didn't really explain myself with my hypothetical (sorry). I am aiming for that 70/30 balance but was interested in a little bit of international stock/bond funds too, still keeping the stock/bond balance just with a greater # of funds... so it got me thinking ...
by OffTheGrid
Fri Feb 24, 2017 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 2053

Re: Just beginning: $40k to open taxable and IRA accounts

Oh... another q. And this may be an incredibly silly question... So let's say I do the $11k to one Roth, $11k to another Roth, and $18 to taxable and I (hypothetically) aim for a 70%/30% VTSMX/VMBFX balance across the board. How exactly do I split 2 types of funds across 3 different accounts? Would ...