New Posts For Thread: credit problem, please helphttps://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-helpI opened an account with a spread firm on credit (why oh why) and went a bit too crazy - I've now go a nasty negative balance. Stupid, stupid I know. But does anyone know how quickly you usually have to pay a balance off (or % of the balance)?ThanksThe Investor 30 Jan 20:40 no moves 30 Jan 17:53could they do much if you just said sod them and didn't bother paying them?I would guess they could. Otherwise you could open two accounts with different spread betting firms and place opposing bets,https://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123226#420123226The Investor 30 Jan 20:40 no moves 30 Jan 17:53could they do much if you just said sod them and didn't bother paying them?I would guess they could. Otherwise you could open two accounts with different spread betting firms and place opposing bets,Sun, 31 Jan 2010 04:50:56 -0600Would you have drawn the winnings if the result had been reversed ?https://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123158#420123158Would you have drawn the winnings if the result had been reversed ?Sun, 31 Jan 2010 03:09:53 -0600no moves 30 Jan 17:53 could they do much if you just said sod them and didn't bother paying them?I would guess they could. Otherwise you could open two accounts with different spread betting firms and place opposing bets, making you a massivehttps://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123126#420123126no moves 30 Jan 17:53 could they do much if you just said sod them and didn't bother paying them?I would guess they could. Otherwise you could open two accounts with different spread betting firms and place opposing bets, making you a massiveSat, 30 Jan 2010 13:40:46 -0600Thanks for the advice.https://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123122#420123122Thanks for the advice.Sat, 30 Jan 2010 13:36:19 -0600In that case I'd explain the situation to them, I'd be astounded if they didn't take £100 per month until it is paid off.https://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123118#420123118In that case I'd explain the situation to them, I'd be astounded if they didn't take £100 per month until it is paid off.Sat, 30 Jan 2010 12:22:27 -0600I have an income, so am not worried about paying in the this long run incidentally.https://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123114#420123114I have an income, so am not worried about paying in the this long run incidentally.Sat, 30 Jan 2010 12:02:11 -0600If I pay in say £400 I was wondering if that would keep them happy for a while?https://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123110#420123110If I pay in say £400 I was wondering if that would keep them happy for a while?Sat, 30 Jan 2010 11:57:57 -0600It's not massive relatively speaking (just over 1,000) but it's very bad timing for me financially as I have a lot of other outgoings to cover first. I can't afford to pay that sort of money quickly. I know that was my fault of course, and I'm not evhttps://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123106#420123106It's not massive relatively speaking (just over 1,000) but it's very bad timing for me financially as I have a lot of other outgoings to cover first. I can't afford to pay that sort of money quickly. I know that was my fault of course, and I'm not evSat, 30 Jan 2010 11:56:35 -0600What sort of figure are we talking?https://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123102#420123102What sort of figure are we talking?Sat, 30 Jan 2010 11:43:30 -0600In spread betting firm's T&C's they usually ask if you own your own house or not. That should give you some indication that you should nt be gambling with more than you can afford.They also give you plenty 'warnings' before you sign up with them.https://community.betfair.com/general_betting/go/thread/view/94082/23512082/credit-problem-please-help?post_id=420123098#420123098In spread betting firm's T&C's they usually ask if you own your own house or not. That should give you some indication that you should nt be gambling with more than you can afford.They also give you plenty 'warnings' before you sign up with them.Sat, 30 Jan 2010 11:34:47 -0600