Nathan's Corner

Quote: GenoDRPh

Quote: Nathan

Quote: GenoDRPh

Quote: Nathan

I JUST learned literally ONE minute ago that Celebrity Cook Emeril Lagasse is Portuguese and NOT Italian! 💡 For about 20 years I honestly thought Emeril was Italian. 🤔💡 I also found out that Emeril is the third in his family to be called Emeril and he has a Son named Emeril who is the fourth Emeril. He also has a Daughter named Meril(Emeril without the E) 💡🤔
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He's from Fall River, MA and is well known around these parts. Fall River has a large Portuguese expat population.
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You learn something knew every day. 💡 Thank you for teaching me a new fact. 💡😀 It's his name that made me think he was Italian. Emeril Lagasse sounds straight up Italian to me. 💡🤔
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His Daddy is French Canadian. I am Italian on both sides of my family-all 8 great-grandparents are Italian immigrants. "Emeril Lagasse" sounds noting like Italian to me!
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Have you never heard of Emerilco Vespucci? My town on Long Island had a small Portuguese population, and I never knew one named Emeril. I don't think it is a common name. There were no boys born in 2023 who were given the name at birth.

Quote: billryan

Quote: GenoDRPh

Quote: Nathan

Quote: GenoDRPh

Quote: Nathan

I JUST learned literally ONE minute ago that Celebrity Cook Emeril Lagasse is Portuguese and NOT Italian! 💡 For about 20 years I honestly thought Emeril was Italian. 🤔💡 I also found out that Emeril is the third in his family to be called Emeril and he has a Son named Emeril who is the fourth Emeril. He also has a Daughter named Meril(Emeril without the E) 💡🤔
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He's from Fall River, MA and is well known around these parts. Fall River has a large Portuguese expat population.
link to original post

You learn something knew every day. 💡 Thank you for teaching me a new fact. 💡😀 It's his name that made me think he was Italian. Emeril Lagasse sounds straight up Italian to me. 💡🤔
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His Daddy is French Canadian. I am Italian on both sides of my family-all 8 great-grandparents are Italian immigrants. "Emeril Lagasse" sounds noting like Italian to me!
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Have you never heard of Emerilco Vespucci? My town on Long Island had a small Portuguese population, and I never knew one named Emeril. I don't think it is a common name. There were no boys born in 2023 who were given the name at birth.
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That's because Emeril is a French name. Emerico certainly sounds Italian, and I've never known anyone named Emerilco. Vespucci, of course, is an Italian name!

Quote: Boz998

Boz here, as if you didn’t know. At what point are you going to address the elephant in the room?

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Bye.

Everything ok Nathan? Did you survive the storms

Quote: avianrandy

Everything ok Nathan? Did you survive the storms
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Last Visit: November 1, 2024

So, a Woman said something like,"My Dad took me on a clothing shopping spree to celebrate my becoming CEO of my own Business. I was trying on different clothes and saying to my FATHER, "How does this look on me, Daddy?" He responded,"You look great in it, Princess." I'm his ONLY Daughter and he's called me Princess and I've called him Daddy my entire life. The Clothing store Staff assumed he was my SUGAR DADDY, and not my FATHER. It honestly made us both feel VERY uncomfortable." ☢️ Another Poster replied something like, "Oh hell no. Clothing store Staff should keep their opinions to themselves. I would have told off the Clothing store Staff off and then blast them on Social Media. ☢️ Thank God that I look like my Father so if my Dad took me on a clothing shopping spree, NOBODY would confuse him as being my Sugar Daddy, everybody would know that he's my FATHER. Poor Woman and her FATHER. ☢️

Quote: billryan

Borrowing against your retirement account is one of the single worst financial moves you can make. It's halfway between smoking crack and leasing a car.

Am I mistaken in my belief that you just leased a car? I have leased my last ten or so cars. Leasing is not for everyone but some times there are some advantages to it.

Quote: DRich

Quote: billryan

Borrowing against your retirement account is one of the single worst financial moves you can make. It's halfway between smoking crack and leasing a car.

Am I mistaken in my belief that you just leased a car? I have leased my last ten or so cars. Leasing is not for everyone but some times there are some advantages to it.
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When the government hands you $7500 to lease a car for three years, the equation changes. I haven't seen deals like this since the Cash for Clunkers era. The Prologues start at about 50K, while you can pick up a Corolla for just over 20K, yet you can lease the Prologue for less than the Corolla.

The manufacturer's lease rebate right now on a Prius Prime is $4500. which also changes the equation.

In my case I've leased cars in the past when doing it for one of my companies, to write it off. I am not currently leasing any cars all paid for.

Family members have also leased ultra luxury cars in the past like half million dollar cars and then claimed them as "show cars" only, used only for business such as to drive around clients, and then deducted. It can be done.

Quote: billryan

Quote: DRich

Quote: billryan

Borrowing against your retirement account is one of the single worst financial moves you can make. It's halfway between smoking crack and leasing a car.

Am I mistaken in my belief that you just leased a car? I have leased my last ten or so cars. Leasing is not for everyone but some times there are some advantages to it.
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When the government hands you $7500 to lease a car for three years, the equation changes. I haven't seen deals like this since the Cash for Clunkers era. The Prologues start at about 50K, while you can pick up a Corolla for just over 20K, yet you can lease the Prologue for less than the Corolla.
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I agree, there are times when leasing makes sense.

Well, a $100 problem is now going to end up being a $400 problem! 😱☢️

Quote: Nathan

Well, a $100 problem is now going to end up being a $400 problem! 😱☢️
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A financially stable individual should have three to six months of expenses saved, so an unexpected $100 expense is not a problem that blows up to a $400 problem. A friend would tell you you shouldn't be gambling under the circumstances you describe, not lending you money. Did the money you borrowed fix your problem or simply kick the can down the road a month or two?

Quote: billryan

Quote: Nathan

Well, a $100 problem is now going to end up being a $400 problem! 😱☢️
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A financially stable individual should have three to six months of expenses saved, so an unexpected $100 expense is not a problem that blows up to a $400 problem. A friend would tell you you shouldn't be gambling under the circumstances you describe, not lending you money. Did the money you borrowed fix your problem or simply kick the can down the road a month or two?
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Well, the $100 borrowed ended up inadvertently blowing up into a roughly $400 problem. I didn't do a transfer thing correctly, so it is now going to be a $400 problem! ☢️

I doubt she is going to go out gambling while overdrawn -$400.

When she needs to be vigilant is after she gets past this and has a couple dollars extra in the bank.

Quote: DRich

Quote: billryan

Quote: DRich

Quote: billryan

Borrowing against your retirement account is one of the single worst financial moves you can make. It's halfway between smoking crack and leasing a car.

Am I mistaken in my belief that you just leased a car? I have leased my last ten or so cars. Leasing is not for everyone but some times there are some advantages to it.
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The equation changes when the government hands you $7500 to lease a car for three years. I haven't seen deals like this since the Cash for Clunkers era. The Prologues start at about 50K, while you can pick up a Corolla for just over 20K, yet you can lease the Prologue for less than the Corolla.
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I agree, there are times when leasing makes sense.

I'm sure there is a time and place where smoking crack makes sense, but both are pretty rare. Corporate leases seem to make more sense than individuals doing so.
I've been reading a lot about EVs this week, as I haven't followed them much since the Cybertriuck fiasco. Around 20,000 leased EVs are estimated to come on the market this year as their leaseholders pass on purchasing them. In 2026, almost 200,000 leased cars are thought to be headed to the public, mostly from rental companies, and many will sell for under 15K. Right now, those formerly leased cars qualify for a $4,000 tax credit, but that is at the whim of the new administration.
Buying a new EV gives you a one-time $7500 tax credit. If you lease it, you get the $7500 deducted from the lease payments, and then you can take a second $4,000 credit when you buy the car off lease. My buyout is $23,500, and if the credits still exist, I'll get 4k, so my final buyout is 19,500 plus the $3800 in lease payments for cash out of pocket of $24,000 plus my trade-in for a car with a sticker over $51,000. Unless I messed up my math, that is a great deal.
California dealers are offering better leases, but it's a five-hour drive to save $25 a month. A dealer in New Jersey offers 24-month leases at $129 a month, but the devil is in the details, I'm sure.
I charged my car last night, using just standard household electricity. Charging for eight hours gave me 27 miles. A dedicated 220 line is supposed to charge at 8X that rate, and Honda will pay $250 towards the installation if I use one of their contractors.
Honda also gave me a free membership in EvGo and $300 in public charging credits. A public supercharger will go from 20% to 80% in about twenty minutes and, at off-peak hours, cost about $10.
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Well, I withdrew $120 from one of my banks to give to pay a $100.loan and have $20 left over. I put that money in one of my other main bank accounts. I transferred the $100 from the second bank and put it in the Coinbase Account to give to pay the $100 loan. I then thought, "I will need EXTRA money to cover the transferring fee. I transferred another $10 to the Coinbase Account. I TRIED to send the $100 for the loan, I was told my Account couldn't send any money. I was told that the funds would become available on November 18th. I just wanted my $100 loan paid off. I was FULLY expecting to get the $100 funds available to me on November 18th.

I transferred ANOTHER $100 from my first Bank Account and sent it to the second bank account. And sent THAT $100 to my PayPal Account and paid the $100 loan using PayPal. I at this time STILL was okay with my second bank account. I withdrew some money for an unrelated payment and STILL was okay with my second bank account. A couple of days later, I checked my balance because I wanted to withdraw a few more dollars and got a message saying,"Account is overdrawn by roughly $65. 😳😱 I then received a letter stating that after all fees are deducted, I will owe about $300. The $65 overdraft is TODAY, but the fees will be adding up to about $300. I then got an email today stating that Coinbase will try to withdraw the $100 again today, meaning I will owe about $400! ☢️ I JUST remembered that my $1 monthly fee hasn't been charged yet, so when it goes through, I will owe about $436! ☢️


Here is the Coinbase email

"Automatic recovery notice
On 11/9/2024, you attempted a transfer of $100.00 USD. Unfortunately, the transfer failed and we still have not received payment.

As a result, on 11/17/2024 we will begin an automatic recovery. This could include selling your cryptocurrency holdings on both Coinbase and Coinbase Pro. To prevent this, please make a payment today."

☢️

Quote: Nathan

Well, I withdrew $120 from one of my banks to give to pay a $100.loan and have $20 left over. I put that money in one of my other main bank accounts. I transferred the $100 from the second bank and put it in the Coinbase Account to give to pay the $100 loan. I then thought, "I will need EXTRA money to cover the transferring fee. I transferred another $10 to the Coinbase Account. I TRIED to send the $100 for the loan, I was told my Account couldn't send any money. I was told that the funds would become available on November 18th. I just wanted my $100 loan f loan paid off.

I transferred ANOTHER $100 from my first Bank Account and sent it to the second bank account. And sent THAT $100 to my PayPal Account and paid the $100 loan using PayPal. I at this time STILL was okay with my second bank account. I withdrew some money for an unrelated payment and STILL was okay with my second bank account. I, a couple of days later checked my balance because I wanted to withdraw a few more dollars and got a message saying,"Account is overdrawn by roughly $65. 😳😱 I then received a letter stating that after all fees are deducted, I will owe about $300. The $65 is TODAY, but the fees will be adding up to about $300. I then got an email today stating that Coinbase will try to withdraw the $100 again today, meaning I will owe about $400! ☢️



Here is the Coinbase email

"Automatic recovery notice
On 11/9/2024, you attempted a transfer of $100.00 USD. Unfortunately, the transfer failed and we still have not received payment.

As a result, on 11/17/2024 we will begin an automatic recovery. This could include selling your cryptocurrency holdings on both Coinbase and Coinbase Pro. To prevent this, please make a payment today."

☢️
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Sounds like a Go fund Me situation.

I was FULLY expecting to get my $100 Coinbase money released in CASH in November 18th. Now it looks like I'm going to be in BIG TROUBLE, NOT getting $100 in CASH. Yikes. ☢️ There REALLY should have been a "Changed my mind, I want the money transferred BACK into my Bank Account immediately. I TRIED to immediately transfer the $100 back to my second bank account as soon as I was told that I couldn't send out money to pay the loan until November 18th. I was thinking,"I'll just transfer the $200 back to the second account immediately and just send it to PayPal the same day and get the $100 loan taken care of, but no such luck. Shocked there isn't a "Changed my mind, transfer money back to bank account immediately," option. 😲

I went from being completely okay just literally about a week ago, and I'm now about to be SCREWED BIG time! ☢️

Quote: billryan

Sounds like a Go fund Me situation.
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Not quite back slap worthy, but as Quentin Tarantino used to say about how poetry worthy his scripts are, "but it's close!"

Quote: MDawg

"I wanted to get up and slap him on the back. I had one of those renewals of complete faith in him that I'd experienced before."
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Quote: Nathan

I was FULLY expecting to get my $100 Coinbase money released in CASH in November 18th. Now it looks like I'm going to be in BIG TROUBLE, NOT getting $100 in CASH. Yikes. ☢️ There REALLY should have been a "Changed my mind, I want the money transferred BACK into my Bank Account immediately. I TRIED to immediately transfer the $100 back to my second bank account as soon as I was told that I couldn't send out money to pay the loan until November 18th. I was thinking,"I'll just transfer the $200 back to the second account immediately and just send it to PayPal the same day and get the $100 loan taken care of, but no such luck. Shocked there isn't a "Changed my mind, transfer money back to bank account immediately," option. 😲

I went from being completely okay just literally about a week ago, and I'm now about to be SCREWED BIG time! ☢️
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let me see if I understand the situation: You have money sitting in Coinbase, and for whatever reason they will not send that to your bank account. If that's the case, and or if you can cancel the transaction. Hopefully, it's not sitting in transit. Simply convert your funds into crypto and send that to someone who can send it back to you via PayPal or whatever cash app method you use.

So, I assume Nathan is referring to some kind of overdraft or NSF fees from her regular bank accounts. There is nothing I can think of that would incur such fees in any of my crypto wallets.

And it appears that these fees she references resulted from ACH withdrawals.

As far as I know bank accounts will incur a fee only if an ACH is paid against NSF. If the ACH is rejected there are no fees, just the account shows negative that day then the next day back to the same balance and no fees.

Quote: MDawg

So, I assume Nathan is referring to some kind of overdraft or NSF fees from her regular bank accounts. There is nothing I can think of that would incur such fees in any of my crypto wallets.

And it appears that these fees she references resulted from ACH withdrawals.

As far as I know bank accounts will incur a fee only if an ACH is paid against NSF. If the ACH is rejected there are no fees, just the account shows negative that day then the next day back to the same balance and no fees.
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I'm assuming that she was counting on that $100 that's being held up to pay off something else like a Payday money loan, or some bills that are hitting her account and charging overdraft fees that she can't pay because she's short $100?

I agree, it seems very odd that being short $100 is going to cost you $400.

I can't even imagine what the issue is with coinbase and why they're holding up her money? If she has access to whatever money isn't being transferred she could if she has access to whatever money isn't being transferred she could easily just send that out via crypto and have someone send her that money via PayPal or zelle. I do believe I told her at the beginning she could go that route.

Here you go Nathan, in your honor.

This place gives people free chips about once a month, I knew I had one available and figured I would mess around while watching football.

There's a 15x the $100($1,500) max cash-out. If you complete your wagering requirements and win... you must make at least a $25 deposit.
I didn't see a maximum bet amount however I dont want to be accused of using an all-or-nothing strategy/system.

As you can see my account balance is over $1700. I started with a bang and hit for around 1k while betting $3.75. And then I hit that soon after. I got very lucky, most of the time you go straight down using free, free slot play online, but once in a while, this happens.

I still have to wager over $2,500 I always wager at least 10% more than required. Supposedly I should only give back $300 more on average given the RTPs on their slots. However, in my experience, I expect to give back 40% of my balance before I complete the wagering. It could take 10 to 14 days to get paid.
But hey, $1,000 isn't bad for messing around with a free slot chip.

This Hurricane Season is a VERY weird Hurricane Season. The FIRST MAJOR Hurricane occurred in LATE SEPTEMBER. Usually we get our FIRST MAJOR Hurricane in AUGUST.(Like Hurricane Andrew on August 24th, 1982, a Category 5 Hurricane that had intensified RAPIDLY. It went from TROPICAL STORM Andrew to Category 5 HURRICANE Andrew the SAME day 😱😳😵‍💫☢️I remember news reports stating that people were just having fun at the beach the same day Hurricane Andrew landed. A man on the news the day after Hurricane Andrew landed was on the beach crying saying that just YESTERDAY, his family was having fun on the beach having NO idea Hurricane Andrew was even COMING. He said he and his Family had no food, no water, no shelter. 😱😳

Cut back to 2024. TWO MAJOR Storms in NOVEMBER is rare. We had Hurricane Raphael and Tropical Storm Sara both happen in NOVEMBER. ONE major storm in NOVEMBER is rare, two is a phenomenon. 😱😳☢️😵‍💫 Miami where I live in got EXTREMELY lucky AGAIN this year. Last year, we got NO Major Storm threats and the threats that did happen completely missed us. According to a Weather Report, Tropical Storm Sara is the LAST Major Storm of 2024 and it looks like we will JUST be getting remnants of it, not a direct and full on hit. We got TWO lucky years! 😀

Quote: Nathan

Well, I withdrew $120 from one of my banks to give to pay a $100.loan and have $20 left over. I put that money in one of my other main bank accounts. I transferred the $100 from the second bank and put it in the Coinbase Account to give to pay the $100 loan. I then thought, "I will need EXTRA money to cover the transferring fee. I transferred another $10 to the Coinbase Account. I TRIED to send the $100 for the loan, I was told my Account couldn't send any money. I was told that the funds would become available on November 18th. I just wanted my $100 loan paid off. I was FULLY expecting to get the $100 funds available to me on November 18th.

I transferred ANOTHER $100 from my first Bank Account and sent it to the second bank account. And sent THAT $100 to my PayPal Account and paid the $100 loan using PayPal. I at this time STILL was okay with my second bank account. I withdrew some money for an unrelated payment and STILL was okay with my second bank account. A couple of days later, I checked my balance because I wanted to withdraw a few more dollars and got a message saying,"Account is overdrawn by roughly $65. 😳😱 I then received a letter stating that after all fees are deducted, I will owe about $300. The $65 overdraft is TODAY, but the fees will be adding up to about $300. I then got an email today stating that Coinbase will try to withdraw the $100 again today, meaning I will owe about $400! ☢️ I JUST remembered that my $1 monthly fee hasn't been charged yet, so when it goes through, I will owe about $436! ☢️


Here is the Coinbase email

"Automatic recovery notice
On 11/9/2024, you attempted a transfer of $100.00 USD. Unfortunately, the transfer failed and we still have not received payment.

As a result, on 11/17/2024 we will begin an automatic recovery. This could include selling your cryptocurrency holdings on both Coinbase and Coinbase Pro. To prevent this, please make a payment today."

☢️
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Jeez, you don't make your reports easy to read or understand. Let's see if we have this right.....

You needed to send $100 to someone and they wanted to receive it either as cryptocurrency, or into their coinbase account.
You had no funds or crypto with coinbase, or certainly not enough?
So, you did two ACH transfers from your bank account, totalling $120
Your coinbase account briefly showed a credit balance and allowed you to send $100 to the person you owed.
But, then the ACH transfer failed and coinbase put your coinbase account into a negative balance state, telling you that you needed to make the payment good or they'd start a recovery process. I suppose you have no crypto or other funds there, so CB is going to pursue you for the debt?
Meanwhile, you agree with the person that you owed, that you would pay them by paypal?
You transfer funds from one bank acct to another and then onward to paypal and then pay your debt by paypal?
But having taken somewhere around $220 from your bank account, that account is overdrawn by $65?

And somehow, your bank is going to charge you >300 in overdraft fees?

Dont you need to figure out what happened to the original $100 and $20 that left your bank but never reached coinbase? It has to be somewhere and you sure can't afford to just lose it into the ether?
And if your CB account is in debit, then where did the $120 that you sent from your Coinbase account go to? Did it actually reach the person you owed it to? Or has that to, just disappeared, never to be seen again?

That level of overdarft fee is pretty absurd. Is it because the overdarft is not a pre-authorised one?

I had someone owe me a lot of rent money once, and after she moved out, I opened one of her bank accounts. It read something like this.....

Balance £1000 overdrawn
Check payment £5
unauthorised overdraft fee £25
Check payment £2
unauthorised overdraft fee £25
Check payment £5
unauthorised overdraft fee £25
Check payment £10
unauthorised overdraft fee £25
Balance £1112 overdrawn

See she was racking up unauthorised overdraft fees way beyound the few payments that she was making.

But none of this is on the $400 scale that you are talking about.

You need a LOT of help understanding the simple transaction process of your bank accounts. Coinbase, Crypto, Paypal seem way to complex for you.

Does her bank Martingale those NSF fees? Is the end of the line the nuclear option?

I am being a little flippant but anyway...

as far as I know, US Banks charge fees against ACH withdrawals that are PAID against NSF, not rejected.

I visited my Banking app and now I see how I ended up being OVERDRAWN. I copied and pasted some of my bank transactions and I see that when I transferred money for the PayPal loan and THEN withdrew money for my payment , and then made MORE PayPal withdrawals for the loan) my Account was already NEGATIVE. I didn't know this at first. 💡☢️😵‍💫

COINBASE INC. 1327000623--RTL-A2FPTE4H WEB--021000024787751
Date:11/12/2024
Amount:
$10.00
Balance:
($102.72)
Transaction Details

Close
Transaction Date
11/12/2024
Posted Date
11/12/2024
Type
ACH
Transaction Inquiry

Transaction:POS DEB 1434 11/09/24 14807502--PAYPAL--2211 North First S--San Jose CA C#0495
Date:11/12/2024
Amount:
$25.00
Balance:
($92.72)

Transaction:POS DEB 1434 11/09/24 14750386--PAYPAL--2211 North First S--8882211161 CA C#0495
Date:11/12/2024
Amount:
$25.00
Balance:
($67.72)

Transaction:POS DEB 2241 11/08/24 22377495--PAYPAL--2211 North First S--8882211161 CA C#0495
Date:11/12/2024
Amount:
$25.00
Balance:
($42.72)

Transaction:POS DEB 2045 11/10/24 20403343--CVS/PHARM 00567--591 N--00567--591 NE 79TH--MIAMI FL C#0495
Date:11/12/2024
Amount:
$41.06
Balance:
($17.72)(THIS is where it started getting NEGATIVE on November 12th, just three days after being completely POSITIVE))

Transaction:POS DEB 1435 11/09/24 14509631--PAYPAL--2211 North First S--8882211161 CA C#0495
Date:11/12/2024
Amount:
$50.00
Balance:
$23.34(My Bank Account STARTED off as POSITIVE on November 9th, ).

Edit. I made transactions on November 9th, did more transactions on November 10th, and the charges went completely through on November 12th(November 9-11 was a long weekend, so the charges all went through on November 12th and I ended up being NEGATIVE when I was POSITIVE just on November 9th, three days prior. ☢️ Hmm. It looks like I was ALREADY NEGATIVE as early as November 9th, when I paid the loan off. 💡😵‍💫)

What banks charge a $65 overdraft fee??? I've never heard of such a high overdraft fee. That should be illegal somehow.

Quote: AxelWolf

What banks charge a $65 overdraft fee??? I've never heard of such a high overdraft fee. That should be illegal somehow.
link to original post

It's a $35 overdraft fee, twice. Coinbase TRIED to withdraw the $100, and then tried to withdraw the $10(My account was already NEGATIVE at this point) so I got hit with $70 in overdraft fees. ☢️💡

Quote: Nathan

This Hurricane Season is a VERY weird Hurricane Season. The FIRST MAJOR Hurricane occurred in LATE SEPTEMBER. Usually we get our FIRST MAJOR Hurricane in AUGUST.(Like Hurricane Andrew on August 24th, 1982, a Category 5 Hurricane that had intensified RAPIDLY. It went from TROPICAL STORM Andrew to Category 5 HURRICANE Andrew the SAME day 😱😳😵‍💫☢️I remember news reports stating that people were just having fun at the beach the same day Hurricane Andrew landed. A man on the news the day after Hurricane Andrew landed was on the beach crying saying that just YESTERDAY, his family was having fun on the beach having NO idea Hurricane Andrew was even COMING. He said he and his Family had no food, no water, no shelter. 😱😳

Cut back to 2024. TWO MAJOR Storms in NOVEMBER is rare. We had Hurricane Raphael and Tropical Storm Sara both happen in NOVEMBER. ONE major storm in NOVEMBER is rare, two is a phenomenon. 😱😳☢️😵‍💫 Miami where I live in got EXTREMELY lucky AGAIN this year. Last year, we got NO Major Storm threats and the threats that did happen completely missed us. According to a Weather Report, Tropical Storm Sara is the LAST Major Storm of 2024 and it looks like we will JUST be getting remnants of it, not a direct and full on hit. We got TWO lucky years! 😀
link to original post

Other than first one being late, that’s just what happens when the water’s warmer later in the season than it used to be. It’s probably not weird, mid October just the new mid September. Louisiana was getting nailed in October within last few years.

The end balance on the 12th was (negative)
($102.72)
?

Or that doesn't include NSF fees for that day.

From that point forward, unless the bank accepts the ACH withdrawals it should not charge you any fees, or alter your negative balance.

I see 5 paid against NSF transactions on the 12th. I believe they may charge you fees for every one of those, although there may be a limit to the daily max.

After that day, I don't believe it matters how many times any ACHs are attempted that are unpaid, because unpaid (rejected) ACHs should not incur NSF fees.

Quote: MDawg

I see 5 paid against NSF transactions on the 12th. I believe they may charge you fees for every one of those, although there may be a limit to the daily max.

After that day, I don't believe it matters how many times any ACHs are attempted that are unpaid, because unpaid (rejected) ACHs should not incur NSF fees.
link to original post

Yep, the letter I got seems to be charging all the overdraft fees as $35 each. I REALLY shouldn't have KEPT withdrawing for the PayPal loan thing. The PayPal thing should have been ONE payment, not multiple withdrawals.

It looks like


$135 for Coinbase attempt $100 plus the $35 overdraft fee)
$45 for Coinbase attempt ($10 plus $35 overdraft fee)
$60 for PayPal loan withdrawal ($25 plus $35 overdraft fee)
$60 for PayPal loan withdrawal ($25 plus $35 overdraft fee)
$60 for PayPal payment thing($25 plus $35 overdraft fee)
Coinbase sent me a "Going to attempt to withdrawal $100 again email." If the second attempt happens, I'm actually looking at ANOTHER $100 plus $35 overdraft fee) and all together it is roughly $450! ☢️

Again, I believe your bank will charge you only for paid against NSF ACHs, not for rejected ones.

What you should do is scrape up a couple hundred dollars, either go to the branch, or call in, and negotiate a waiver of at least some of the NSF fees, and get the account back in the green. But, if you have no money to settle this, they are not going to work with you yet.

And somehow stop the ACH withdrawals from coming in. There is actually a banking rule about ACHs that if an ACH is rejected the payee is not supposed to be able to re-submit that exact same ACH again. So I highly doubt that Coinbase is going to keep sending that exact same $100. ACH withdrawal request repeatedly.

Something is amiss with your understanding of what is going on, and you are not going to end up with a $400. negative balance unless your bank is paying more ACHs against NSF.

I forgot that my $1 payment hasn't gone through yet! ☢️ Remember, the overdrawn $1 payment caused my paycheck to go into the ether, THIS is even WORSE. I could be looking at a $500 overdraft fee in all and all! ,☢️ Hopefully Mdawg is right and I will NOT keep getting hit with overdraft fees for EACH overdraft. I didn't even KNOW that my Account was ALREADY overdrawn when those PayPal withdrawals went through! I honestly should have gotten a message saying something like,"This transaction cannot go through. There isn't sufficient funds in Bank account. It's weird that I was able to withdraw roughly $180 for the PayPal things on an ALREADY OVERDRAWN ACCOUNT! ☢️

OnceDear is additionally right about you should track down wherever that $100 or $120 landed. Add another hundred to that and you should be able to solve this whole thing once you negotiate a waiver of some of those fees.

Unless you never had that $100 or $120 and just somehow managed to pay A.Wolf via inadvertent check kiting.

Quote: MDawg

OnceDear is additionally right about you should track down wherever that $100 or $120 landed. Add another hundred to that and you should be able to solve this whole thing once you negotiate a waiver of some of those fees.

Unless you never had that $100 or $120 and just somehow managed to pay A.Wolf via inadvertent check kiting.
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Hmm. I went to Coinbase and it now says I only have $10. The $100 seems to have gone into the ether. 😵‍💫

Quote: Nathan

Quote: MDawg

OnceDear is additionally right about you should track down wherever that $100 or $120 landed. Add another hundred to that and you should be able to solve this whole thing once you negotiate a waiver of some of those fees.

Unless you never had that $100 or $120 and just somehow managed to pay A.Wolf via inadvertent check kiting.
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Hmm. I went to Coinbase and it now says I only have $10. The $100 seems to have gone into the ether. 😵‍💫
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You are supposed to have $10 there.....
Think about it: You sent an ACH deposit to Coinbase of $100 and another of $20 which would have made it $120 in credit.
Then you transferred $100 to the person you owed money to. Plus about $10 in fees, leaving $10 in the CB account.
Then the ACH payments BOUNCED and coinbase debited $120 giving you a negative balance of $110 Which they wrote to you about.
Then the ACH was reattempted or finally cleared and succeeded putting your CB account back in credit. by $10. That's where you are now.
The $100 didn't disappear. You sent it to the person you owed. Remember?

That $120 will now have left your bank account. I don't know which one because you spoke of sending funds through a second account.

That's another thing. It would be stupid to have one account charging overdraft fees if you have another account with money in it.

NOW. It rather looks like the person you sent money to has received it TWICE: Once to his coinbase account from yours and oonce to his paypal account. Contact him and sort that out.

Overdrafts are a B***h ! It seems you are being 'Unauthorised Account Use' fees on a per transaction basis. It should be straightforward to get those reduced or cancelled. GO TO YOUR BANK, Tell them the fees are crippling you and can they either give you an AUTHORISED overdraft LIMIT, or can they make it that any overdrawing attempted payment is stopped from happening. If you work with them, they MAY waive some of the charges as a one of goodwill measure.
BUT DO IT NOW. Not next week, not after a few more trips to the casino.

You would be stupid to try to make any small payments from your overdrawn account if each transaction costs you $35 in fees.

You are bringing this upon yourself. YOU need to get it under control. Buy a $2 coffee on your card pay $35 in fees for the privilege. Buy a bus ticket, pay an extra $35. If you can't see how bad this is, you are beyond help. Buy a loaf of bread, pay an extra $35.
Soon, after a few of these unauthorised transactions, your salary payment will not be enough to cover and you will be so screwed as the permanent overdraft will mean everything costs $35, each time. And then the bank will stop your account and you will not be able to buy anything. No food. No rent. No bus fare to work. NOTHING.

NEVER go into unauthorised overdraft. VERY RARELY, even, go into authorised overdraft.

TALK to your bank. Talk to a Citizens Advice Bureau or whatever the equivalent is in the US. But first TALK TO YOUR BANK!

And TALK TO the person you accidentally sent $200 to!!!!!!!

I've said before, but cannot repeat too often. You are not doing OK, if you don't have a few $thousand of rainy day money. It can rain any day.
Stop gambling forever. No more scratch cards, no more lottery tickets, no more visiting casinos, not even for free play.

Nathan, I had to google the 'NSF fee' that MDawg mentioned, because things are differently described in my country.

They are even worse than the 'Unauthorised transaction fees' that I mentioned. NSF fees are way worse than overdraft fees.

The bank can charge you $35 for the very act of rejecting a payment! They might not even make the payment to the other party and you might get charged effectively $35 for FAILING to overdraw. That's an awful situation because you end up owing your bank AND owing the person you tried to pay.
I don't know whether you are paying by card or check when you go shopping, but imagine, you go to the checkout at your local Walgreens with a $5 meal deal and present your card. The machine rejects your card and the cashier won't let you take the meal deal. Meanwhile, your bank charges you $35 for nothing at all.

Theres something called 'Overdraft Protection' in your country. Its where you pre-agree a SMALL overdraft amount with your bank and they agree to small charges on that amount. Exceed that amount though and you learn the meaning of screwed.

You are correct OnceDear about NSF fees just for rejecting, say, a check, but for ACHs if the ACH is rejected the US banks should not charge a fee. I mean I have never exactly been in this situation but that is the general rule. However, you might be right as far as overdraft protection if the account holder agreed to that and its terms when the account is opened then perhaps the NSF fees even for rejects are in play. For my business accounts I don't ask for overdraft protection.

In any case as you and I say, once she has sufficient funds available to make her account positive again she should be able to negotiate a waiver of at least some of those NSF fees.

As far as AxelWolf being paid $100. twice, could it be possible that his tracking of this affair is as imprecise as Nathan's and he did in fact receive $200.?

When a person dies, Social Security notifies banks, and their accounts are frozen. My Mother died just after Midnite on November 1st, 2015 and had written and mailed numerous checks the day before. None were honored, and the bank charged over $300 in bounced check fees. The first bank rep I spoke to told me they could do nothing. A letter to the President's office got an apology letter and a refund.
They gave me a letter explaining the circumstances, and I contacted all the recipients, sending them the bank letter and a check from my account to cover the returned checks. Only one company gave me grief. My mom's lawn service, whom she'd had for years, insisted we cover the $35 fee they claimed their bank charged. I offered to make good the check, and continue to use them until her house sold but they insisted on getting the money back, telling me it wasn't their job to show the letter to the bank. I paid them but karma is a bitch.

Quote: MDawg

As far as AxelWolf being paid $100. twice, could it be possible that his tracking of this affair is as imprecise as Nathan's and he did in fact receive $200.?
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I'm not aware of it being stated that it was AW who made the loan to Karen. So are you either guessing, or divulging something revealed to you privately or elsewhere?

Does it really matter who it is, someone might have received $200. is what matters.

How to avoid NSF charges when you're a gambler:

1. Don't go to the casino if you have less than $250.00 in your account. Avoid gambling if you are living paycheck to paycheck.This means that you must keep track of your account balances and check them on a frequent basis. This implies you should watch and manage your spending patterns.

2. Set up automated alerts for low balances at your bank. For example, you can set it at $250.00 as a cut off . Most banks only allow this if you have a certain average balance every month.

3. If you can't do # 2 then sign up for overdraft protection. Overdraft fees are usually less than NSF fees, $5.00 to $10.00 every time you bounce a check or overdraw. And a 20% credit rate on the overdrawn balance until you pay it off.

4. Use a prepaid card. You cannot overdraw a prepaid card since you're limited to cash loaded onto the card.

Quote: Quadriga

How to avoid NSF charges when you're a gambler:

1. Don't go to the casino if you have less than $250.00 in your account. Avoid gambling if you are living paycheck to paycheck.This means that you must keep track of your account balances and check them on a frequent basis. This implies you should watch and manage your spending patterns.

2. Set up automated alerts for low balances at your bank. For example, you can set it at $250.00 as a cut off . Most banks only allow this if you have a certain average balance every month.

3. If you can't do # 2 then sign up for overdraft protection. Overdraft fees are usually less than NSF fees, $5.00 to $10.00 every time you bounce a check or overdraw. And a 20% credit rate on the overdrawn balance until you pay it off.

4. Use a prepaid card. You cannot overdraw a prepaid card since you're limited to cash loaded onto the card.
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Prepaid cards have absurd service fees.
I would suggest having a separate account at another bank strictly for gambling.

I also think the $250 is a bit thin for a cushion.

Quote: Dieter

Prepaid cards have absurd service fees.
I would suggest having a separate account at another bank strictly for gambling.

I also think the $250 is a bit thin for a cushion.
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Depending on where Karen makes her purchases, she might benefit from some prepaid giftcards that work at, say Walgreens. But only one or two such cards. She would not want to see her transactions rejected, so might just keep an eye on her balance. That seems a fundamental part of her problem.
She might benefit from changing to a bank with lower fees.

$250 is no kind of cushion for Karen. She's told us a lot about herself and Bless her, she's struggling and doesn't seem to realise how bad her longer term situation is. Having a checking account with a few hundred dollars in is NOT all OK,

Some 30% of Americans can't raise $1000 from savings. It seems Karen is deep into that territory.

https://www.forbes.com/advisor/banking/savings/average-american-savings/

Until recently she was chucking away $50 a spin at roulette. I dread to think what became of her lottery habit. If she managed to break THAT habit, then maybe she can break the casino one.

Quote: OnceDear

Quote: MDawg

As far as AxelWolf being paid $100. twice, could it be possible that his tracking of this affair is as imprecise as Nathan's and he did in fact receive $200.?
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I'm not aware of it being stated that it was AW who made the loan to Karen. So are you either guessing, or divulging something revealed to you privately or elsewhere?
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Yes, I said on another forum that I think it was obvious that it was me who loaned her $100. No, I did not say it here. I didn't claim that at the beginning since I wasn't sure if Nathan wanted anyone to know who, but I don't think she cares.

Quote: Dieter

Prepaid cards have absurd service fees.
I would suggest having a separate account at another bank strictly for gambling.
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Just the basic terms off the first one I grabbed at the corner store.
Seriously, go talk to a credit union.

Jeez. you have to give your SSN to activate the card?

Quote: MDawg

You are correct OnceDear about NSF fees just for rejecting, say, a check, but for ACHs if the ACH is rejected the US banks should not charge a fee. I mean I have never exactly been in this situation but that is the general rule. However, you might be right as far as overdraft protection if the account holder agreed to that and its terms when the account is opened then perhaps the NSF fees even for rejects are in play. For my business accounts I don't ask for overdraft protection.

In any case as you and I say, once she has sufficient funds available to make her account positive again she should be able to negotiate a waiver of at least some of those NSF fees.

As far as AxelWolf being paid $100. twice, could it be possible that his tracking of this affair is as imprecise as Nathan's and he did in fact receive $200.?
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I told Nathan I would send her $100. I gave her much longer than she suggested to pay me back, and I wasn't worried about it. I wasn't even going to bring it up until she and Mike said something about her not being able to post until she paid it all up.

I figured if that was the deal she made with Mike then she must honor that deal and get me paid off. Had none of that ever come up in the first place I would have allowed Nathan to take as long as she needed to pay me back comfortably, and never said a word about it.

I agreed to send Nathan $100 but, I wasn't going to use any, PayPal, Cash apps, Zelle, or any of that BS. I believe people can get your personal information using that stuff, I don't really know, I'm not going to take the time to research it.

Nathan's only option was for me to send it to her via Bitcoin. Or I could have had Mike send it to her and he could have paid me, I wasn't sure if Mike was aware that she was borrowing money from members and I didn't want her to have to tell him.

I sent Nathan funds via crypto, I asked her to send it back to me via crypto. I don't believe I used Bitcoin because the fees were too much at that time for $100. I believe I sent it USDT or something like that.

I don't think Nathan ever had any money in her Coinbase account to send me. I'm 99% sure no crypto funds were ever sent to me from Nathan.

She told me there was a problem of some kind so I gave her a few different suggestions/options including handling it through Mike. She said, never mind and that she would do X,Y and Z to get the funds into coinbase. I didn't really pay that much attention to the how or why, it wasn't a big deal, and I wasn't that concerned.

She has sent Mike the money via PayPal to give to me. I'll get it from Mike whenever.

As far as how and why she's getting all these charges it's just too time-consuming to follow along. She needs to get on the phone with the bank and get on to the customer service chat with Coinbase.