Forums

General Betting

Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
I've got to...didcot, yately
11 Feb 10 18:53
Joined:
Date Joined: 12 Nov 07
| Topic/replies: 3,446 | Blogger: I've got to...didcot, yately's blog
the student loans company have sent me a letter

"We have been notified by the HM revenue and customs that according to their records you are no longer emplyed or in reciept of any taxable benifit. In order for us to determine if you are eligible to make repayment on your Income Contingent Loan, please provide us with the following information...."

I've been betting for a living (not on betfair) for the past 18 months and not claimed any benifits buring this time.

I have to fill in a form stating

* self employed
* unemployed
* attending a further study course
* other

now the obvious answer is unemployed, but it then goes on to say "You must provide evidence that shows us how you support yourself financially"

how do i do this? I can't say i've been betting for a living can I? the obvious (and true) answer would be to say I am unemployed and living of savings????

will a copy of my bank statement be sufficient evidence?

my mail was late being directed, so I only have 2 weeks to submit this to the SLC.


Anyone been in a similar situation with the SLC?

many thanks
Pause Switch to Standard View problem with student loan company
Show More
Loading...
Report arthur daley February 11, 2010 6:55 PM GMT
Thinly veiled i have won a few quid lately thread
Report Lori February 11, 2010 7:29 PM GMT
Why can't you say you've been gambling for a living?
Report Lori February 11, 2010 7:32 PM GMT
I had this exact issue in the early 90s fwiw and although there were 15 or so years of complications, most of which I'm not willing to post here, when I was asked what I did, there was never any real objection to the gambling thing.
Report aceofspades February 11, 2010 7:32 PM GMT
i just started paying them back, pretty impossible to prove anything when making your money this way. mine were on the old system where you could defer if your income was below a certain amount
Report Lori February 11, 2010 7:33 PM GMT
Oh, and they're**bags. If you're over the income threshhold you signed to, then pay them, if you're not, then fight for every single penny because you're entitled to an inflation linked loan until you cross that line (or at least that's how it used to work)
Report Onionss February 11, 2010 7:45 PM GMT
I don't think Gambling winners are classes as a income so you can just tell them you won some money and they can't touch it. I won 60k on a bet last year, and not paid a penny of my loan back.
Report monmore man February 11, 2010 8:49 PM GMT
I put that my Mrs supports me. She signs a letter saying such like and no problem. Before that, my Dad did the same thing and no problem there either.
Report I've got to...didcot, yately February 11, 2010 10:11 PM GMT
just won 12k on betfair from a £100 bet.

that should be all the proof they need. lol
Report azertyioup February 11, 2010 10:42 PM GMT
Congrats again on the win Didley!!!

Being nosey Onions....what did you win £60k on?
Report Onionss February 11, 2010 10:59 PM GMT
Got some insane placepot last year for a tenner.

I wont lie, I had a spare £10 in my betfair so I clicked random numbers, went to work (coral) and learnt I was somehow still in with 1 leg to go. Loved it.
Report azertyioup February 11, 2010 11:03 PM GMT
Fck me! Good for you mate. Been close to some big paydays, but always fall short. Well done for being honest too.
Report Roman.Totale February 13, 2010 3:28 AM GMT
Got to ground.

You ain't seen me. Right!
Report Roman.Totale February 13, 2010 3:29 AM GMT
*Go to ground.
Report newlawncailin February 13, 2010 9:14 PM GMT
i got one of these also. They must be on it at the mo. What did you opt to put down? i have been betting full time for 5 years i bet in cash in the shops and dont bank any of it? what would anyone suggest when filing in the form
Report Nova Sicko February 13, 2010 9:30 PM GMT
basically I got done over when I filled out a selfassesment, I was hoping to get my six years of not making a payment then the debt is not enforcable, but they made a payment of £0.00 on my behalf, obv when they come to collect I will contest it.

But they worded the letter in a way that if I have a issue I should say or they will take it that I intend on making repayments when my taxable income goes above the threshold.
Report Mikael D'Haguenet February 13, 2010 10:46 PM GMT
They'll have to find me before they get a cent!
Report Trevh February 14, 2010 1:43 AM GMT
It's a god job some of us repay our debts, or you lot wouldn't be able to have loans in the first place.
Report I've got to...didcot, yately February 14, 2010 2:03 AM GMT
trev that is not the point.

i do pay my debts. and i will pay this one eventually. I'm not obliged to pay back any more until i am earning again. when i have a job i will pay it back.
Report poland February 14, 2010 10:36 AM GMT
Get a job. Pay them back. Grow up.
Report I've got to...didcot, yately February 14, 2010 10:39 AM GMT
nah
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.

Wonder

Instance ID: 13539
www.betfair.com