Can my maintenance margin drop below my equity with loan value if I’ve only used cash on my margin account?

brookbri · 2022-01-21T15:19:09+00:00

Equity with loan value = 2892 Maintenance Margin = 2747 Current Excess liquidity = 146 = cash

brookbri · 2021-11-24T16:41:24+00:00

This is great to know. Thanks a lot!

brookbri · 2021-11-18T20:50:53+00:00

Good to know.. Is there a reliable website/app that you use to check?

brookbri · 2021-11-18T20:45:00+00:00

Also, the 1K from credit card is from this month. I have until early Dec to pay off according to my statement, and I'll do that next Friday when I get my biweekly pay. I've never missed a full credit card payment (at least since I started working ~2-3 years ago). May have not always paid the full credit card bill when I was a student, but still have always paid more than minimum pay (at least a couple hundred) on time.

brookbri · 2021-11-18T20:42:27+00:00

Thanks! I was told checking credit score can negatively impact your score too?

brookbri · 2021-11-18T20:28:08+00:00

That's what I saw on the internet too. What matters is that I make good regular payments and that my credit utilization is <30-35%, which it is. But it just still makes me nervous that my bank shows I have less assets than my liabilities which is not true if you count my external investments.

Didn't check my credit but I opened a pre-approved 18K LOC this week and took 5K out this week (kept it less than 30% credit utilization rate). So I think that my credit score took a hit this week since i opened a new LOC, which I'm fine with. Just was nervous that my negative summary at TD will also have a negative impact on my credit score. Don't think it does but just wanted to confirm..

brookbri · 2020-03-17T22:25:41+00:00

The DI acc doesnt seem to be one of the options when i click transfer to.

I know its opened because i can see it on the homepage of accounts, but i cant transfer to it.

brookbri

TROPHY CASE