New Posts For Thread: Dealings with SpreadExhttps://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadexI had an account with spreadex - god knows why they gave me a credit limit, my credit rating is awfulanyways, i got a bit deep and ended up owing them £8k (ive never touched spreads again!) - offered to pay on the monthly and they acceptedI've beenFerris would have run a credit check on you and your whole family. . . . Not mine, but even he couldn't beat that bank with -an APR of 819,100 per cent......https://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513425925#513425925Ferris would have run a credit check on you and your whole family. . . . Not mine, but even he couldn't beat that bank with -an APR of 819,100 per cent......Sun, 04 Dec 2011 16:35:18 -0600Ferris would have run a credit check on you and your whole family. . . .https://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513425049#513425049Ferris would have run a credit check on you and your whole family. . . .Sun, 04 Dec 2011 16:11:43 -0600Don't forget, it was found that banks were acting unfairly by charging a customer up to £40 simply for a cheque bouncing or being overdrawn by a few pence. Maybe it needs another court case here to decide if this is the same ConfusedHeres a crackerhttps://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513409109#513409109Don't forget, it was found that banks were acting unfairly by charging a customer up to £40 simply for a cheque bouncing or being overdrawn by a few pence. Maybe it needs another court case here to decide if this is the same ConfusedHeres a crackerSun, 04 Dec 2011 10:28:53 -0600Just as a matter of interest, I was trying to look out my old Spreadex t&cs book withous success. However, although they were regulated by the FSA, these cretins have as much power as the United Nations. (hence the credit crunch and the fact that frehttps://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513340833#513340833Just as a matter of interest, I was trying to look out my old Spreadex t&cs book withous success. However, although they were regulated by the FSA, these cretins have as much power as the United Nations. (hence the credit crunch and the fact that freFri, 02 Dec 2011 14:08:11 -0600*Martin Lewis is his name.https://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513330167#513330167*Martin Lewis is his name.Fri, 02 Dec 2011 09:24:11 -0600Don't forget, it was found that banks were acting unfairly by charging a customer up to £40 simply for a cheque bouncing or being overdrawn by a few pence.This matter actually went to the Supreme Court, no I'm not based in the US!! I don't have allhttps://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513330013#513330013Don't forget, it was found that banks were acting unfairly by charging a customer up to £40 simply for a cheque bouncing or being overdrawn by a few pence.This matter actually went to the Supreme Court, no I'm not based in the US!! I don't have allFri, 02 Dec 2011 09:19:15 -0600It is quite correct that pre 2007 they operated in a different manner and were more like companies who sold shares, this was because they were regulated by the FSA, (I assume they still are?) as opposed to bookmakers who were effectively unregulated.https://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513309003#513309003It is quite correct that pre 2007 they operated in a different manner and were more like companies who sold shares, this was because they were regulated by the FSA, (I assume they still are?) as opposed to bookmakers who were effectively unregulated.Thu, 01 Dec 2011 17:20:06 -0600TheMaskedAvenger, where I think the confusion lies is in the term 'bookmaker.' Pre-2007. Spread firms operated under the same rules as traders if I remember correctly. ie. if you bought shares, you had to pay for tham within a certain number of days.https://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513302401#513302401TheMaskedAvenger, where I think the confusion lies is in the term 'bookmaker.' Pre-2007. Spread firms operated under the same rules as traders if I remember correctly. ie. if you bought shares, you had to pay for tham within a certain number of days.Thu, 01 Dec 2011 14:37:25 -0600"TheMaskedAvenger, no offence, but anyboby on here with spread betting experience will know that, not only do spread firms have different rules from bookmakers, but thay also are a law upon to themselves. They have greater powers than credit card cohttps://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513298391#513298391"TheMaskedAvenger, no offence, but anyboby on here with spread betting experience will know that, not only do spread firms have different rules from bookmakers, but thay also are a law upon to themselves. They have greater powers than credit card coThu, 01 Dec 2011 12:47:11 -0600ffs, promptly.https://community.betfair.com/general_betting/go/thread/view/94082/28728659/dealings-with-spreadex?post_id=513271657#513271657ffs, promptly.Wed, 30 Nov 2011 18:15:02 -0600