Jobs At American Express Financial Advisor

Will this be taken into consideration? At a company like American Express or Edward Jones?

it would depend on who, what, where, when and why for the bankruptcy.
there are legitimate reasons for bankruptcy that have nothing to do with planning or poor credit/investment decisions.

someone with the experience may even be a better advisor since they have the experience of the worse case scenario.

2008-05-09 20:07:27 by Barry F

amount of time." Credit advisors say you might qualify for student loan deferment if you've graduated and can't find a job, if you ...

ok , im 23 and i owe over $3400 dollars to a credit card i have with bank of america

bottom line i wanna pay off this debt but at the same time i wanna have money for the future to maybe move out or have freedom


i originally had the card with american express but things were so hard financially that i couldnt keep up with the payments and well here i am

my father gave me $20,000 and i currently have 13,000 or something left and dont know what i should do i mean i cant move without a job anyway (because work has been hard to find)

(sigh) i wil speak to credit score people and other financial advisors but what should i do? the BofA people said i can pay 1600 and the rest will be concidered earned income?? i dunno how that all works

and also as of may 1st my credit card account with bank of america was closed


bottom line i wanna pay off this debt but at the same time i wanna have money for the future to maybe move out or have freedom

There are numerous answers;

1) DON'T BOTHER WITH THE STOCK MARKET!!!

2) You would benefit far more if you just paid off the account as it would reflect better on your credit report. Any late payments will remain on your report for only 2 years (Running of Reporting Period - Section 605 [15 U.S.C. § 1681c] but at least it will show a balance of $0.

3) If you pay off in settlement, then what ever amount they charge off, you will have to report on your federal taxes at the end of the year (this is where the unearned income comes into play). This is due the an IRS rule that a creditor who charges off any amount in excess of $600 must file a 1099-C with the IRS and the customer. This will reduce your tax refund. Also you credit report will show paid in settelment and list the amount charged off. This will be a potentialy negative entry on your cedit report.

You can pay it off and put your remainng funds into a money market account and use that as collateral to open a secured credit card account. Your credit limit would be whatever you have in your money market. This way, you can access the funds as needed and still have the original amount of money tucked away. Credit Unions are best for this type of account.

JUST DO NOT let the secured credit card fall behind as you will damage your credit again. And remember if you do ever want to move to find work, both the landlord (in some cases) and the employer will want to see your credit report.

Hope this helps answer your question and good luck

2009-05-15 17:40:35 by T .

McCain suggests that his 'energy Plan' will provide 'Psychological' relief. And now his top financial advisor told the Washington Post that we are in a 'Psychological' Recession.

http://firstread.msnbc.msn.com/archive/2 008/07/10/1191310.aspx

Does McCain, in his Military/Congressional bubble really know our situation - know where we are coming from? Spending $750,000 in Credit cards & paying it off at the end of the month (Good for him-although I can't do it).

Cindy McCain charged as much as $500,000 in a single month on one American Express card and $250,000 on another, while one of their two dependent children had an AmEx card with a monthly balance as large as $50,000.”
http://firstread.msnbc.msn.com/archive/2 008/07/02/1179643.aspx

This guy has never had to find a job, worry about tutition, buying gas, scrape goceries together or even worry about working hard to keep from getting kicked from school - good for him - bad for us. And now we are a Nation of Whiners?
Not putting McCain down for his success - I applaude it. Not forgetting his military service - I applaude it. His success, although admiral, presents him with a whole different set of problems than what I deal with - not his fault, yet still true. He was even born in a government hospital - expenses paid. He & I deal with a different set of problems in life.

His service, while admirale, has nothing to do with the problems I have to deal with. I am sure he went hungry & suffered but I doubt he was out looking for a job during his interrment Once again, admirale for the Senator , but not related to my life experience.

And in spite of his success and service - does not make him a God with experience, training, knowledge, & lifestyle related to me or I'll even bet -you.

Being in the top 3% doesn't automaticaly qualify you to be Dr. Phil or able to relate to the other 97% - regardless of your service record. What is the current jobless rate in the military? Duh!
Bill Gates and I also have very different lifestyles with different problems & challenges - and Bill is my hero.
Why worry if you lost your job, then your insurance, your house has been foreclosed on, and now teetering on the verge of bankruptcy - be HappY! Do not whine. You just need therapy - don't know how you are going to pay for it though.
Look at your hungry kis, sitting on the curb, & tell them - Sorry, no birthday presents this year. Try explaining America has lowered it's bar, the peasants are going to have to take it on the chin - there are those in the top 97% that have got to get to the top 98% - urgently - and the distribution has to come from somewhere.

John McCain has some serious personal deficits which come from the POW experience. The fear and the rage took its toll on him. He is hung up on the loss in Nam, he exhibits a false bravado in tense situations, and he laughs about war and killing. He is quick to send troops to battle but does not take care of them when they return..no compassion or sympathy despite all he received. He's old now and not as able mentally. He is disorganized and unable to plan and carry it out. He's not as clean as he makes out. We'll be in even more trouble if he becomes President.

2008-07-10 10:19:24 by sweet_emotion