Do you think I will go into debt?

Question

Alright, so I sent a total of $125.90 to my bank account through paypal 2 days ago and I just bought something today at a total of $108 (an online store). I currently have about $5.00 in my checking account. What do you think? Do you think I would go into debt? I am technically racing against the purchase, hoping the funds will transfer before the payment I owe

Answer 1

no, i happen some time surely funds will transfer before the paymet there may be sometime technical problem dont lose heart always behave positively

Answer 2

If your account didn't receive the funds yet; when you bought the item at the online store you will go in to debt and get slapped with a nsf.

Answer 3

its really no big deal nothing worth worrying over, if the money doesnt get there in time the bank will most likely cover it for you but you will get what is called an overdraft, depending on who you bank with you will get a fee of about 35 dollars...so 35 dollars plus 108 is 143 and you are depositing 125.90 plus you have 5 dollars in there so it would be 143 (total you owe the bank) minus what you have  130.90....so that means they will give you 5 to 10 days to deposit the 12.10  you owe them and get you out of negative dollars in your account (i would deposit 10-15 more if you have it)

Answer 4

Not a good idea to try to race the bank this way.  Next time, have the money in your account before you spend it.