🧑‍🤝‍🧑 / 🏡 Well this is just awesome (but not really)

[sean]

Apparently, Capital One is having some issues affecting deposits. I bank with Capital One. My paycheck has not been deposited, yet. It always gets deposited late Wednesday night.

I have bills to pay (2 due today).

This is just fuckin' great!

 

[Bammerboy321]

That sucks. Do you have an emergency savings for this type of stuff?

 

[sean]

That sucks. Do you have an emergency savings for this type of stuff?

Not a lot, but I do have some. I REALLY don't like using it, though.

 

[Justneedme81]

It happens, thats why it's important to have money set aside... So if you have some money saved up... Use it. treat it as a loan. When you get a check, just pay it back into the account.

 

[Bammerboy321]

Not a lot, but I do have some. I REALLY don't like using it, though.

Oh I hate having to touch it for any event. Been saving up since I graduated college and got a job. My wife had to dip into while I was away at basic and had pay issues with finance. Luckily the back pay was worth it but there is nothing worse than going through bank/pay issues.

 

[rick4bama]

It happens, thats why it's important to have money set aside... So if you have some money saved up... Use it. treat it as a loan. When you get a check, just pay it back into the account.

I have money in about four different way. April and I also have different bank account too.

 

[TerryP]

I like Cap One. I use their checking to avoid ATM fees...moving money from one bNk to another for closer ATM's.

 

[alabama mike]

We keep $2,000 set aside for emergencies and only emergencies. It does happen, that’s life. I suggest taking the 7 Baby Steps of financial advisor Dave Ramsey. I do not agree with everything he says but he has a lot of good things. I hope that money gets deposited today.

 

[PurlJam]

I have an open-end loan with my bank (credit union) with a credit line of 10k just for emergencies. Balance stays at zero unless a said emergency happens and I need the money quick, I can instantly transfer to my checking if needed. I believe I've used it maybe 2 or 3 times in my 40+ years of banking with them.

 

[sean]

My deposit finally hit Friday night (around 6:30). And I got an email today saying everything had been resolved regarding the deposits, payments, and transfers. Thankfully I only had to pay 1 bill using my savings. But that money got put back.

I also found out that it wasn't just Capital One. A couple people I work with had the same issue (1 guy still hadn't received his paycheck by 2:30 yesterday), and we all use different banks. So it wasn't just localized to Capital One.

 

[Rsedge72]

I have an open-end loan with my bank (credit union) with a credit line of 10k just for emergencies. Balance stays at zero unless a said emergency happens and I need the money quick, I can instantly transfer to my checking if needed. I believe I've used it maybe 2 or 3 times in my 40+ years of banking with them.

Yeah I keep a HELOC with my bank. Just for emergencies.

 

[It Takes Eleven]

Yeah I keep a HELOC with my bank. Just for emergencies.

Many credit unions have credit card rates at nine or ten percent. I pay my water bill with mine each month (Coosa Pines out of Childesburg/Sylacauga) so that it remains active, and it's a relatively low-cost unsecured borrowing option, free if paid off by the due date. I'm also a member of NASA FCU, they're decent size (over $5 billion) and have most services of a community bank. Both the Coosa Pines and NASA apps work well for me.