It might vary based on the terms of your credit card but it could be a daily compounding rate in which case you pay interest every day that your balance is outstanding

Cannot claim the same person as dependent on two returns. One HoH, one single.

No

If you pay once a month, you make 12 full payments. If you pay every two weeks, you make 13 full payments. This "extra" payment annually will help pay off the mortgage faster.

I had the same need and ended up building my own google sheet. Once a year I enter all fixed recurring transactions for the year (e.g. rent, subscriptions, estimated utilities etc.) as well as all future credit card payments using sumifs that update as I enter daily transactions with a column flagging which card I used. It's not for everyone as you do need to enter all transactions manually but once you get in the habit it's actually not that much work at all and you have very accurate visibility into your future cashflow so you know exactly how much you can spend.

u/henrykringle6000 is saying your $4k probably covered the taxes owed. So the financed amount most likely is what the asking price was.

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That's a good question. I have heard from two different local news sources (one is the local NPR station, the other I don't remember specifically but it was as trustworthy as any news source is these days) that this crime is "on the rise" but it doesn't say if that means 3 people out of a million were affected this month instead of just 2, or if it's now as bad as catalytic converter thefts or something.

When did you finance, and why do you not still have your own copy?

Anyway, the numbers should all add up very clearly. There should be a line by line breakdown of what it is that you're paying for.

Most of the time with threads like these, it turns out that the OP signed up for a warranty plan and didn't realize it. Those can usually run a few thousand, so that may very well be what happened. If that turns out to be what happened with you, you can usually cancel those warranties.

My mom.

Keep your car. Set aside an emergency fund to handle potential repairs with some of that 5k, and send the rest to the car note. Keep paying more than the payment until it is gone. The negative equity is a result of a past bad decision, eliminate it ASAP and don't allow it to continue.

Do not skimp on the maintenance of the car. Take care of it.

Rolling your negative equity into another car is guaranteed to make your debt problem worse in order to avoid a situation that may happen. A car transmission problem may never occur, and is even less likely if you maintain as appropriate.

If you acknowledge the debt and work out a payment plan, it absolutely does. You're kidding right?

>$5,000 of my negative equity

Just save that $5k for future transmission. The CVT is really the only problem on these.

>and roll it onto another loan for a new vehicle.

Since you will be underwater on the next one the minute you drive it off the lot this just digs the negative equity hole deeper on that one

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They didn’t I was financed the original asking price that didn’t have 4K subtracted

I like cd ladders too, but I'm staying short-term until there is a fed meeting where the rate either doesn't change or goes down.

Is there evidence that this is actually happening, or is this one of those urban legends the media makes up to scare people, like poisoned Halloween candy?

Ya not something you want to keep long term. Ideally it breaks just before your warranty expires and buys you more time. I just hate to see you go further into debt just in case.

Anybody who hires small time contractors, has a landlord who hasn't upgraded to electronic payments, or wants to send a sizeable amount of money to a family member. I hate writing checks and I avoid it whenever I can, but as a homeowner I have to write checks to pay my property taxes at a bare minimum, and whenever I hire an excavator, plumber, or other tradesperson there is a good chance they are going to want a check or cash.

It’s a huge industry, sad for people that want to have a child that can’t have one themselves for whatever reason! About a quarter of foster children end up being adopted, and in that small group only an even smaller group are infants, which is why we didn’t pursue fostering but it’s nice to see it worked out so well for you! Thanks for your reply

See I gave them 4K and I was still financed for the 28 the car was listed for instead of 24k

> Getting on a payment plan should reset that time for them.

Well, it doesn't. Requesting an agreement suspends the statue for the short time the IRS reviews your request, but then it start's back up again.