Topic: Fibbing about employment

[icehaven]

I got curious about credit ratings and so on so I just did mine with two different sites and they were wildly different. Is that normal? Do the ones you can look up yourself actually mean anything?

[Shit Good Nose]

I got curious about credit ratings and so on so I just did mine with two different sites and they were wildly different. Is that normal? Do the ones you can look up yourself actually mean anything?

It might be that their scales are different - I think the most common are maximums of 750 and 950 or something like that. 

Yeah - the free ones you can do yourself are legit - whenever you apply for a large loan or a mortgage and you have to provide the credit check info yourself, it's always the free ones that brokers and specialist lenders recommend.  Banks will typically run their own, but they'll also just use one like Equifax or Experian, both of which you can run yourself.

[The Mollusk]

Don't be one of those idiots that thinks they've got £3000 of free money all of a sudden.

I did this once! It was £4000, though. And I managed to successfully run away from it for years until they finally found me. I was astonished that there was only a couple hundred quid interest added on top after all that time, but I guess they must have sold the debt off to collectors and it stayed at that amount. It ranks up among the stupidest things I've ever done.

[Shit Good Nose]

Thought I recognised you on channel 5 the other night.

[BlodwynPig]

Not really. I dont consider things I buy to be investments.

Think its about 24%. Would be paying like 300 quid over a year period or something.

I don't think you need a games console

[Paul Calf]

5 years max if you get caught. It's probably unlikely that you will unless you default, in which case you'd be liable for civil and criminal actions.

Do they do a credit check? If so, you'll get probably nobbled straight away, although not for certain because some of the cheaper credit check retailers are less than thorough.

[monkfromhavana]

To hell the the naysayers! Do it!

Just be prepared that the Playstation you have in prison will probably be an earlier model than the one you "bought".

[Special K]

As I don't know your personal situation, I've spoilered my reply below as it's quite harsh and to the point. Please don't be offended.

Reading through your posts on this thread, you need to sort your life out and prioritise your attitude to money.

It's just a games console and it's around £250.

On a current scale of being able to pay for rent/mortgage, heating, clothing and feeding yourself and family, where does buying a games console lie? I know I'm being pedantic but "it's just a games console". If it's for a child's Birthday/Christmas present, ask friends or family to help. If you don't want to reveal to them you cannot afford it, I understand

Of course I will, I'm just not employed.

You need to get yourself a job before you squander money you do not have to buy a games console. There is plenty of support and assistance available, Job Centre, National Careers Service, internet resources etc to get yourself back into work.

Not really. I dont consider things I buy to be investments.

Think its about 24%. Would be paying like 300 quid over a year period or something.

People who understand interest receive it, those that don't pay it. £250+24% is £310. If you cannot afford £250 now, how can you afford to pay £310 over a year?

I'd definitely be able to pay it every month, my only worry is the level of risk that they'll actually care if i'm employed or not and will investigate it.

If you can afford to pay it off ever month, save up and purchase it in cash.

Nah my credit rating is rock bottom.

Pay off any remaining debts before taking any further ones on. Keep burying your head in the sand won't make money problems go away.

I know its illegal.

Read that back to yourself. Why would you put yourself in a situation when you could get yourself a criminal record and hinder any further chances of getting a job, mortgage etc all for a games console? I think you need to grow up and take responsibility for your actions.

[royce coolidge]

As I don't know your personal situation, I've spoilered my reply below as it's quite harsh and to the point. Please don't be offended.

Reading through your posts on this thread, you need to sort your life out and prioritise your attitude to money.

On a current scale of being able to pay for rent/mortgage, heating, clothing and feeding yourself and family, where does buying a games console lie? I know I'm being pedantic but "it's just a games console". If it's for a child's Birthday/Christmas present, ask friends or family to help. If you don't want to reveal to them you cannot afford it, I understand

You need to get yourself a job before you squander money you do not have to buy a games console. There is plenty of support and assistance available, Job Centre, National Careers Service, internet resources etc to get yourself back into work.

People who understand interest receive it, those that don't pay it. £250+24% is £310. If you cannot afford £250 now, how can you afford to pay £310 over a year?

If you can afford to pay it off ever month, save up and purchase it in cash.

Pay off any remaining debts before taking any further ones on. Keep burying your head in the sand won't make money problems go away.

Read that back to yourself. Why would you put yourself in a situation when you could get yourself a criminal record and hinder any further chances of getting a job, mortgage etc all for a games console? I think you need to grow up and take responsibility for your actions.

Fuck me,I didn't know this forum was read by Tory MPs.
Bgmnts try and borrow from family if you can,pay them back a tenner a week.
If a console will bring you pleasure now,get one,because I think by next years no deal Brexit
both fun and employment will start to get hard to come by.

[Gurke and Hare]

It might be that their scales are different - I think the most common are maximums of 750 and 950 or something like that. 

Yeah - the actual numbers that the websites show you are meaningless when it comes to whether you'll get a particular bit of debt you apply for. The banks just take the raw data items that you can also see, and apply their own algorithms to them. The most useful thing you can take from the number is just whether it's tending up or down at any particular time and even then it can be counterintuitive.

[Gurke and Hare]

If a console will bring you pleasure now,get one,because I think by next years no deal Brexit
both fun and employment will start to get hard to come by.

And when that happens, what could be more advantageous than some fraudulently obtained debt that you can't pay off?

[shiftwork2]

'Don't lie to borrow money for a non-essential' is common sense and has fuck all to do with Tory MPs, who'd be happier if bg was to saddle him/herself with barely sustainable debt.

[royce coolidge]

That's why I said borrow from family,I wouldn't advise lying about employment.

[royce coolidge]

'Don't lie to borrow money for a non-essential' is common sense and has fuck all to do with Tory MPs, who'd be happier if bg was to saddle him/herself with barely sustainable debt.

.

I was being a bit flippant,it was just the lines about how the Jobcentre etc are there to help and how it might endanger his chances for a mortgage.
Again borrow from family,don't lie about having a job.

[Sebastian Cobb]

Can the financial experts in this thread tell me if there's a way to cancel a (paid off) credit card in writing please?

I've been a well behaved customer, it's just Lloyd's bought the provider and they're pricks, also I found they block exchanges for seemingly no other reason than they see it as a risk to their banking interest.

I don't want to speak to them, but I'm not sure a cut up card and a piece of paper where I've drawn round my hand flicking the v's is legally binding .

[Special K]

.

I was being a bit flippant,it was just the lines about how the Jobcentre etc are there to help and how it might endanger his chances for a mortgage.
Again borrow from family,don't lie about having a job.

How is borrowing from a friend or family going to help? They are still borrowing money they cannot afford to pay for something they don't need.

[Sebastian Cobb]

How is borrowing from a friend or family going to help? They are still borrowing money they cannot afford to pay for something they don't need.

Friend or family doesn't tend to repossess/slap on interest/break legs if they miss a couple of payments?

[royce coolidge]

He seems sure he can afford a weekly or monthly payment,
He knows what amount of benefits he gets,and if he gets a job he can pay it back even quicker.

[Special K]

He seems sure he can afford a weekly or monthly payment,
He knows what amount of benefits he gets,and if he gets a job he can pay it back even quicker.

Then they will ultimately learn nothing about how money work. Learn to live within your means and to prioritise money.

[Gurke and Hare]

Can the financial experts in this thread tell me if there's a way to cancel a (paid off) credit card in writing please?

I've been a well behaved customer, it's just Lloyd's bought the provider and they're pricks, also I found they block exchanges for seemingly no other reason than they see it as a risk to their banking interest.

I don't want to speak to them, but I'm not sure a cut up card and a piece of paper where I've drawn round my hand flicking the v's is legally binding .

Just write to them, a short and to the point "I wish to close account number xxxx xxxx xxxx xxxx. I enclose the destroyed card associated with the account" should do it.

What I don't know is, does cutting the card in half stop the contactless working? If not, I maybe would be wary of putting it in the post but I'm speaking from a position of no actual knowledge, so I could be worrying about nothing.

Lloyds don't seem to make it easy to find a customer service address but you could send it to the registered office address in the small print on the website:

25 Gresham Street
London
EC2V 7HN

Someone there would be able to direct it to the right people. Alternatively you could probably hand it in at your local branch, but if you don't want to talk to them I can see that might be off-putting.

[The Mollusk]

Then they will ultimately learn nothing about how money work. Learn to live within your means and to prioritise money.

Why are you speaking about him as though he’s a child? I’m sure you have good intentions but you’re being very condescending.

[royce coolidge]

Yes,but if for any reason you are a long term benefits claimant (illness)?,then that could be an even more deathly dull experience than it is already.

[Puce Moment]

You'll be fine. In the world of fraud it is so low down to be neglible.

[touchingcloth]

Can the financial experts in this thread tell me if there's a way to cancel a (paid off) credit card in writing please?

I've been a well behaved customer, it's just Lloyd's bought the provider and they're pricks, also I found they block exchanges for seemingly no other reason than they see it as a risk to their banking interest.

I don't want to speak to them, but I'm not sure a cut up card and a piece of paper where I've drawn round my hand flicking the v's is legally binding .

Give your card to the OP so they can buy their Dreamcast then raise a chargeback claiming fraud. Win-win-win.

[Special K]

Why are you speaking about him as though he’s a child? I’m sure you have good intentions but you’re being very condescending.

That wasn't my intention, if it sounded like that I apologise.

[royce coolidge]

What I mean is everybody needs something to look forward to,I mean all benefits claimant could live on porridge and beans for 12 quid a week and drink only tap water but I wouldn't expect them to.
We all need a bit of taste in life and 250 quid is very little in the scheme of things if it would give Bgmnts  dozens of hours of fun every week.

[The Mollusk]

That wasn't my intention, if it sounded like that I apologise.

I'll admit it's not the most sensible course of action to be considering but I can also say with certainty that I've "been there", especially when I've found myself in a position of despondency, which incidentally could definitely be spurred on by unemployment and the general state of things in Are Grate Nation.

Nevertheless, I would also advise against doing it. I've been in financial scrapes and the lingering doom and anxiety of owing money to companies like this was far more substantial and long-lasting than any of the fun I got from borrowing it. Even if you can afford the instalments, lying in order to achieve it might sit similarly uncomfortably on the ol' conscience.

[Paul Calf]

The Jobcentre! Go to the Jobcentre!

Yeah. Do you know what the unemployment rate is at the moment?

[Special K]

What I mean is everybody needs something to look forward to,I mean all benefits claimant could live on porridge and beans for 12 quid a week and drink only tap water but I wouldn't expect them to.
We all need a bit of taste in life and 250 quid is very little in the scheme of things if it would give Bgmnts  dozens of hours of fun every week.

I couldn't agree more, we all have a right to be happy in life. But to get that few hours of fun every week through fraud and needless debt is counter productive. As I stated in my opening post, I've no idea of the situation of the poster.

My overall point to make is that money management is a skill that everyone needs to learn. I've worked with numerous people over the years who earn in excess of 50k a year yet are poor with money and live beyond their means and in debt.

[Shit Good Nose]

What I don't know is, does cutting the card in half stop the contactless working? If not, I maybe would be wary of putting it in the post but I'm speaking from a position of no actual knowledge, so I could be worrying about nothing.

To be absolutely sure (without burning it), cut the card into several uneven pieces being sure to cut through both the swipe strip and the chip a few times.