Wednesday, December 31, 2008

How can i earn money?

Resolved Question

How can i earn money?

im a 13 year old girl, and i cannot babysit nor can i alk dogs and get a paper round ect. i realy need money for an american trip im going onin 30 days!!! so quick money!! :) thankyou in advance x

Best Answer - Chosen by Asker

i suggest you wait for your birthday or did odd jobs around the neighbourhood like washing cars, if you cant walk a dog there is not many other jobs that will be suited for you

There are currently no comments for this question.

Other Answers (3)

  • Because of your age, walking dogs, babysitting, washing cars and doing odd jobs for neighbors are probably your only options for making money. Since you can't do any of those... try asking your parents.
  • hehe,I want to earn money too :P
    But my birthday is coming soon :D
    Well,if you want to earn money,try to sell something,for example nuts. :D
  • come round mine, i will give you good price

Due to the prolonged period of low interest rates for depositors what happens to the country when savers money?

Resolved Question

Due to the prolonged period of low interest rates for depositors what happens to the country when savers money?

Runs out as they eat into their capital to live.It,s the wealthy older people with money invested that has kept this country going for years but many are now approaching financial hardship.Where are the banks going to get their money from in the future as most working class people can barely keep their heads above water let alone invest £1000's

Best Answer - Chosen by Asker

The money is still there, but as assets and income have dropped in value so has the disposable element. Less interest means less money is moving around in the market, but you could also argue that lower interest rates mean that banks don't have to pay out so much, and so are able to release more for loans, mortgages, etc. which puts money back into circulation and in turn stimulates the economy.

Also, as we are talking about interest rates earned on capital, rather than investments, the core cash will remain in place, and even though it may not be "earning" now, if is still secure.

Interest rates will rise in due course, and savers will find that they then begin to reap the rewards, whilst those who have taken out additional credit now will fund this through increased interest payments.

There are currently no comments for this question.

Other Answers (0)

No other answers.

How do I set up a student account?

Resolved Question

How do I set up a student account?

I'd like one with Natwest, do I just go in and ask to set one up? Also, what would I need to bring with me? And do I need to have an account with them already to have a student account?

Thanks =)

Best Answer - Chosen by Asker

You need to go in with your passprt or another photo proof of identity, also a proof of address, a utility bill or current bank statement. In addition to that they'll need your UCAS forms or some other proof of your universtiy placement.

Source(s):

There are currently no comments for this question.

Other Answers (1)

  • Click your heels 3 times, spin round bark like a dog and a bank card will fall out your butt :D xxx

What would you consider financially stable to be?

Resolved Question

What would you consider financially stable to be?

Hi,

Just wondering in your opinion what do you consider to be financially stable?

Thanks

Best Answer - Chosen by Asker

Money left in checking account after contributing to my savings, paying bills and buying food.

There are currently no comments for this question.

Other Answers (7)

  • Financially stable would be having enough money to pay for all of the necessities that I would like: (i.e. mortgage, utilities, cable, internet, cell phone, health insurance, car insurance, etc.). I would also consider myself financially stable when I have at least ten months in an emergency savings account, plus money in a regular savings account. In addition, being financially stable to me means that I am able to contribute to my 401(k) (the maximum amount).

    I have no credit card debt, but I do have student loan debt (I'm still finishing my degree). I don't know that I will think of myself as financially stable until that's paid off ~ which will obviously be several years.

    Source(s):

  • Depends if you are interested in stability or safety. Financially stable would be income equals outgoings plus planned savings and an additional element for incidentals.

    For safety's sake I always think that liquid assets (cash, shares, etc) which are worth 6 months of net salary is about right, or sufficient to cover all fixed costs (mortgage, loans, taxes, water, gas, etc) for 12 months.
  • Having enough in income and savings not to have to worry about the regular bills, and especially the unexpected bills!! and having a safe job would be nice too (let me know if you know how to achieve this!!).
  • I agree with the others, but will add, without using any credit! It does not matter if you pay your bills and buy food if you have 20 grand in credit card debt!
  • Having enough money to support yourself, your children and to have a roof over your head and food in the cupboards?
  • Being able to pay the bills.
  • Yep.. I say the same as clever

What is the quickest way to make £40 ?

Resolved Question

What is the quickest way to make £40 ?

my ariel has had it and i have seen a Satellite dish and Receiver in B&Q. it costs £40 ....so peoples lets hear of way to make the money quickly.

Best Answer - Chosen by Asker

I will lend it to you !

There are currently no comments for this question.

Other Answers (5)

  • This "INVESTMENT GUIDE" is more helpful for you TO MAKE
    YOUR MONEY TO MAKE MONEY FOR YOU,without taking any risk.
    To gain more basic information TO MAKE MORE MONEY THAN YOU WANT WITH REGULAR RETURNS,just gothrough the texts
    and links in the pages of this site
    http://www.savings4future.com .....

    ALL THE BEST.
  • if you think you can make money online through online,then i will have to refer you to see Mrs christiana Lynch.she helps people in offering them online employment.you can contact hher via chjristianalynch@yahoo.com.tell her you got her info from clare ridson.good luck
  • Borrow from a friend or family member
  • Dress as a tramp and beg on the streets ?
  • i see in another question you needed 40 for a computer, now who is kidding who. Oh and u were 14

What is the most i can save in an ISA?

Resolved Question

What is the most i can save in an ISA?

Hi, My ISA is really my pension pot an i would like to know how much i can save in it. I have a cash ISA and i know that i can save £3,600 a year but how many years can i save into it or is there no limit.

Thanks
Fodd

Best Answer - Chosen by Asker

The annual allowance into an ISA is currently £7,200, but only £3,600 of this can be invested in a cash ISA.

From 6 October, the annual limit for those aged 50 years and over is increasing to £10,000, with a maximum of £5,000 available in cash. This increased limit will be available to all savers from the new tax year next April.

If you have invested the maximum each year since ISAs were launched and invested in their predecessor account TESSAs, which can also be invested in ISAs you would currently have £43,200 invested tax free.

The only limit is the annual allowance each year. As long as the Government keeps the ISA scheme you can continue to invest each year

There are currently no comments for this question.

Other Answers (0)

No other answers.

Paypal Transaction Help?

Resolved Question

Paypal Transaction Help?

I purchased an item off ebay earlier and i was sent the emails etc etc. On paypal i decided to cancel the transaction (which takes the money out of my bank account and forwards it to my paypal and then towards the seller). The seller however did not accept the money which enabled me to cancel the transaction. When i stopped it, the money did not go back into the paypal account. And i just looked at my bank account statement, it says the moneys been took out of it.

I have now cancelled the ebay and paypal accounts as i have now use for them.

Whats happening with my money??? Will it go back into my bank account???

Best Answer - Chosen by Asker

Um - you really should have left the Paypal account until the money reached your bank account.
It will take 4 days for money to travers the system in each direction - so until that time is up your money is floating in the ether with one point missing.

There are currently no comments for this question.

Other Answers (0)

No other answers.

A debit card for a 17 year old?

Resolved Question

A debit card for a 17 year old?

Where can I get a debit card in the UK? I currently have a Solo card, but this doesn't work on thetrainline online system.

Best Answer - Chosen by Asker

Lloyd's basic bank account offers a Visa card that can be used online, shops etc. The drawback is that you can only use their machines or Post Offices to get cash. You can get cash back in supermarkets though.

You can open this account at 16.

There are currently no comments for this question.

Other Answers (3)

  • I used to have a Solo too, but it doesn't work in Accessorize - one of my favourite shops! Mine has been updated to a Visa now, with HSBC. Maybe ask and see if you can get it? I'm not sure if I got mine automatically or because I was 18...
  • I'm also 17 and i have a barclay visa card. It works in most places which i go to! hope this helps. - debit card.

    Source(s):

  • apply at HSBC

Are IVAs really the way forward or just a 'con trick'?

Resolved Question

Are IVAs really the way forward or just a 'con trick'?

Best Answer - Chosen by Asker

Sorry to be vague, but it depends.

By entering into an IVA, you will avoid bankruptcy (as long as you keep to your side of the bargain), but you will be tied to them for several years. They are the right thing for some people, but for others they are a money spinner for the company running it for you.

You really really need to get some impartial advice based on your circumstances - contact your CAB, or the CCCS (www.cccs.co.uk) for free advice.

Good luck!

There are currently no comments for this question.

Other Answers (0)

No other answers.

Do you budget your family income , or do you spend what you earn each month and worry about the bills later?

Resolved Question

Do you budget your family income , or do you spend what you earn each month and worry about the bills later?

Best Answer - Chosen by Asker

You have to start thinking S-M-A-R-T. What kind of cutbacks can you make? For example: I drink bottled water. Paying $1 a bottle on something that covers over 65% of our planet is not smart. So I bought one of those water filters that screw into your faucet. I have bottles that I refil over and over again. This doesn't take much time and you will reduce your carbon footprint as a bonus. Do you have a lot of small appliances around the house that are always on? Televisions, subwoofers, computers, modems, sterio equipment and microwaves use the most energy when they are left plugged into the outlet, even when they are turned off. Plug all your plugs from entertainment system into those 6 prong outlet plugs with the switch on them. When you are not using these items shut the switch off. I noticed a huge difference on my electric bill just by doing this. I also bought some of those florescent bulbs that look a lot like a regular bulb. These things use 80% less electricity than regular bulbs. Ave 60Watt incalescent bulb (old school) runs you 2 cents per hour. Ave 60Watt energy bulb averages 0.5 cents per hour. Wanna be creative? Find yourself leaving lights on? Buy a motion sensor switch, the lights will turn on when you enter the room and will turn off (by a set amount of time) when you leave the room. I have one, they cost $15 at HomeDepot. You would be surprised, but these small things add up. If you really need the money right away start cutting back on your food costs. Romain noodles cost a dime and they taste just as good as campbells chicken noodle that costs over $1 a can. Ok no chicken in romain noodles, but you are probably just missing about 4 tiny pieces of chicken. Adjust your toilet to use lesser water. If you don't know how to do this then put a brick inside your toilet 'chamber'. You will use a less water each time you flush, this adds up over time people. Before you know it you will be ahead. Do you really need over 100 channels on your cable tv? Watch shows on-line for free and down grade your cable service. Need new windshield wipers for your car? Who says you have to buy 2? You only need the new one on the drivers side, leave the old wiper on the passenger side. Are you an impulsive buyer?? Listen here's what you do......always save the receipt. Find a place to save all the boxes, packaging, etc. Try to get obsessed with folding all the packing materials, making them neat and tape the receipt onto the box/package. Make a game out of it. And get yourself into a new habit called "impulse returning" I once bought a shampoo rug cleaner to scrub my carpets. After I was done I didnt need it anymore so I returned it to the store. I like to think of it as free rental. So remember you have to start thinking S-M-A-R-T!

my source: http://www.myspace.com/legalizemarijuana…

There are currently no comments for this question.

Other Answers (6)

  • I spend every dollar on paper on purpose before the month begins.

    That does NOT mean I'm a tightwad who never has any fun, it just means I set my own limits in each category before its too late. Its a lot easier to enjoy your entertainment spending when you know you're not going to be late on something else because of it.
  • I budget,most of the bills are direct debits/standing orders in any case.
    Also try to put some money away if I can,the amount varies.Trying to save a bit more next month for xmas.
    I like to sleep at nights ! lol
  • I budget, I have a separate account for bills, I have set up a standing order for a set amount to be transferred into that account a day after I get paid. That what is left in my other account is mine.
  • Usually try to budget
  • Even though we should budget, we spend the money before we even have it!
  • Budget. Dave Ramsey Rocks!

Is my paypal balance, how much i have in the account or how much I owe? for example balance £5?

Resolved Question

Is my paypal balance, how much i have in the account or how much I owe? for example balance £5?

I know this is a dumb question to many, but i have not used paypal much. I have also been ok using my credit card.

Best Answer - Chosen by Asker

Your paypal balance unless it says -£xx pounds is what you have available to spend. If there is a minus symbol infront that is what you owe.

There are currently no comments for this question.

Other Answers (4)

  • Hi,
    it is what you have in your account, the next time you buy something they will use this as part of the payment or you can transfer it into your bank account if you wish. You do the transfer when you are in your Paypal account.
  • It`s what is in there, that you can transfer to your bank A/C or
    spend on my stuff on Ebay
    They do not let you go under £0 if it is linked to a debit card you can still buy stuff if not you have to transfer funds.
  • That is the amount you have NOT what you owe.
  • Your balance is how much you have.

UK: If you pay off your credit card how long until it clears on your credit report?

Resolved Question

UK: If you pay off your credit card how long until it clears on your credit report?

Best Answer - Chosen by Asker

The account information will stay there for 6 years, but most credit card companies update credit reference agencies once a month with the account balance, so it should show as zero balance pretty soon after clearing it.

There are currently no comments for this question.

Other Answers (3)

  • I think you can contact them after youv'e pid the debt and ask them to remove it if it's causing you to be held back from other thing's like eg getting a mortgage or getting credit other than that it stay's on for 6 year's
  • It will stay on your credit report for 6 years but it will show as satisfied & no activity from date you cleared card.
  • 28 days...but you may have to amend this manually on the report

What are my best options for longterm saving?

Resolved Question

What are my best options for longterm saving?

I mean of at least 5-10 years but preferably over 20-25 years with me putting away at least £1,200 every month. I recently spoke with a financial planner and he says should I invest in one of these http://www.rbs.co.uk/personal/investment…

I don't know which one to go for. I'm pretty cautious and I'm prepared to accept lower returns as long as I know my money is completely safe as I'm in it for the long term and will have longer to build up my funds. He said that by investing my money will grow considerably more than if I was just putting cash away into a savings account every month, is that true? I asked him what interest rates I'd get and he couldn't give me an answer so I'm not sure now.

Best Answer - Chosen by Asker

Here, in the USA, I am a Chartered Financial Consultant.
In my country, under the ethics of my credentials, I would not be allowed to offer a suggestion regarding those investments, at least not initially.

You state you want your money to be 'completely safe', yet you want the money to grow. In the USA this is impossible.

Inflation takes away the purchasing value of your capital. There is no investment, even US bonds, that is totally safe. If the inflation rate is five percent in the UK, you must earn five percent from a UK government bond just to break even.

Someone is going to have to take a good bit of time with you. You are going to have to accept more risk, however slight, That, or design something that no person has yet designed: A method to invest with total safety and receive a growth greater than the inflation rate.

Take some time. You are absolutely on the right track.

Your local advisor is correct about money into a savings account. The bank will invest the money earning as high as twelve percent or more. The bank will then pay you three percent or less, often. Inflation can obliterate that three percent or less. The bank wins. You lose.

If you would like a plan that I recommend here in the USA, please contact me through Yahoo Answers. I will send it to you on this condition: The advice is totally free, you must consult with a licensed professional in your jurisdiction, and you totally comprehend that this advice is not an attempt to solicit a client in a nation wherein I am not licensed.

Fair enough?

There are currently no comments for this question.

Other Answers (1)

  • give up that idea of wanting a safe/low return; in 10-25 years, you don't have to worry about things like if a stock dips, all you really have to worry about is if it goes bankrupt.

    Obviously you should never invest all your money in the same stock (Enron haha) but stocks WILL give you a better rate of return in the long run and you are a fool to keep your money in cash or put it in low-risk investments if you have that much time on your hands to let the money grow.

    With stocks, you can probably expect a 5-8% APR on average, but you will also have quarters you are down. In the end you will be glad you chose to invest in stocks rather than cash.

How long should you wait for payment on ebay for something i've sold, before giving someone else a 2nd chance?

Resolved Question

How long should you wait for payment on ebay for something i've sold, before giving someone else a 2nd chance?

Ive sold a dvd boxset on ebay, but im still waiting on payment. I have sent invoice via ebay but that was almost 2 days ago. How long should i wait before giving someone else a second chance?

Best Answer - Chosen by Asker

What was did YOU say about being paid?
Paypal instant payment?
Must be paid within 2-3-7 days?
I wait seven days, send another invoice as a reminder and wait another three days.After that it is a fair game, to relist, or back up bidder if you have one.
Always give the buyer a fair chance, customers are hard to come by these days.
Personally, I do not leave neg. feedbacks (one will get you one back for sure)

There are currently no comments for this question.

Other Answers (4)

  • How long did you specify in your listing? Did you require immediate payment?

    If not, the general rule is 7 days. Why? Because that's how long you have to wait in order to open a case in the Resolution Center. On the 8th day, you may go here: http://resolutioncenter.ebay.com/ and open an Unpaid Item Case. IF the buyer does NOT respond, you may close the case and issue a strike 7 days afterwards. When you open a case, eBay sends a reminder to the buyer saying that a case has been opened and that their payment is expected. In my experience, most buyers pay within a few days of that. Should the buyer pay, you BOTH agree to cancel the transactions, OR they do not respond-you can close the case and offer a Second Chance.

    I know it seems like a LONG time to wait and a lot to do, BUT remember, if you do not open a case/close it and the buyer ends up paying AFTER you've sold it to another memeber, YOU can be reported for Seller Non-Performance. You MUST file the correct reports.
  • Well its frustrating waiting for slow payers without any communication.

    Technically we have to wait 7 or 8 days to file a complaint. Its rather annoying and who follows it. If you want them to get a warning and gety our frees instated then yup.
    But if you have statedon your page you want payment within a certain amount of time..its only fair they should pay within that time or at least arrange another time.
    BUyers can be frustratring bbut hey they are our ebay monies.
    If you have stated that you like payment within 3 days and its 5 offer a second chance:)
  • Did you state when payment must be made?

    If not, leave it a week, then email the buyer requesting payment and if it's not received by x date then you will sell the item to second chance offer.

    All about communication.
  • you should ask paypal there is a link to there web site on ebay

How to make a payment through Yahoo?

Resolved Question

How to make a payment through Yahoo?

Hi, Yahoo, I am interest in buying a car, which is in Spain now, the owner suggested that the deal will use Yahoo to protect each others benefits. He emailed me that I need pay the agreed amount to Yahoo first, and then he will ship the car to me (to the U.K.), if I am satisfy with the car, then I should authorize Yahoo to release the money to him. If not, I can return the car to him for free. Because it is the first time I use Yahoo for buying a car, I am quite worry about the payment method. Could you please advice me what should I do to guarantee both benifits? Thank you.

Best Answer - Chosen by Asker

You're being scammed. You will be giving the money to an impostor.

Yahoo is not in the escrow business and does not offer any money handling services.

There are currently no comments for this question.

Other Answers (1)

  • yea sure

What's the best investment possible for your money?

Resolved Question

What's the best investment possible for your money?

I don't want savings accounts because the best rates offered are below the rate of inflation and I don't want stocks and shares because I'm letting a bank profit at an average of 12% with my money and I'm the loser who gets less than 3% return. I want to save a four figure sum every month and have a five figure sum saved already but what can I do with it that will give me the best return?

Best Answer - Chosen by Asker

you go to a top investment consultant (not an accountant) and pay for their advice, and follow it, unlike the majority of lottery winners who ignore it, because they know best, and end up back in the financial gutter within a decade, you will be kept updated with advice for a period of time.
you use a stockbroker service for trading in stocks and shares who charge something like 1.5% of the value on transactions, subject a minimum charge, you can set up a trading account say with hsbc which you manage yourself online, you would need to verify the charges.

There are currently no comments for this question.

Other Answers (2)

  • Hah, no such thing as "best".

    If you're the hands-off type investor, put it into a growth mutual fund. Else, start a brokerage account and start picking stocks yourself.

    If this is in the US, consider Roth IRA as it has additional tax benefits.
  • Buy a foreclosure, if you're a first time homebuyer Obama will give you a phatty rebate check too!!!

Basic bank account + debit card for 18yr old student?

Resolved Question

Basic bank account + debit card for 18yr old student?

i used to have an account with barclays who gave me a basic account and a visa debit card when i was about 16/17 years old.

what other banks do similiar accounts? i ideally want a VISA debit card instead of something like a solo, as visa is recognized everywhere..

thanks :)

Additional Details

is this the hsbc standard account ur talking about: http://www.hsbc.co.uk/1/2/personal/curre…

do they give u a visa debit card.. if so, im pretty much sorted :)

2 days ago

Best Answer - Chosen by Asker

HSBC is good, i have a standard bank account with a visa card and a £1500 overdraft. Ive been with them since i was 17.

There are currently no comments for this question.

Other Answers (3)

  • Lloyd's TSB offer a fully embossed Visa card that can be used online, in shops etc. The downside is that it only works in their cash machines or at Post Offices.

    I spoke to their head Office regarding this problem and they are reviewing this situation. Apparently they did this because a minority of customers abused the cards to withdraw more cash than they had in the account.

    With modern computers, I find their arguments lame.
  • Now that you're 18, you could ask barclays if they'll just upgrade you from solo to a visa debit card. Much less hassle, unless there's any other reasons you might want to bank with a different provider.
  • how you can make $300-$500 each and every week
    http://www.tycooncashflow.com/?hop=3127893

HOW MANY of you are dreading your winter electric bills ,?

Resolved Question

HOW MANY of you are dreading your winter electric bills ,?

UK only, I have just got the summer one in the post , £103, I hate to think what the winter one will be ,im going to burn candles in the dark evenings instead of putting the lights on , its like going back to the dark ages !!!

Best Answer - Chosen by Asker

My electric doesn't change much, but the natural gas that heats my home can give you sticker shock. I'm dreading it already

There are currently no comments for this question.

Other Answers (8)

  • Nope, because I don't put the heat on until we are really cold during the day..
    (I have heard people already putting their heat on and it's been 68F during the day!!! - people seem to think it's ok to walk around in summer clothes in winter and not be cold by putting heat on very high all day but then complain about heating costs - utter madness!)
    Overnight, it's a warm duvet and warm Pj's! No probs!
    We put socks and slippers on and sensible clothes in the early evening.
    I put heavy curtains on the back door and windows and put draught excluders down at the bottom of doors.

    We survived last years very cold snap on £15 gas a month and £20 - £30 a month elec with a heavy usage elec oven and cooker AND we didn't have double glazing, just old wooden framed windows with huge gaps!
    So this year should be even less! I have spent 3 years getting our bills down because I refused to use more just because our landlord is cheap and because I know we are very lucky to even have central heating. My grandmother never did in her day!
    It doesn't have to be dark ages, just a bit of common sense with some proactive approaches and you should be fine!
    Just keep the lights on you need, and Switch off after each use.
    If you want to keep some lights for a corridoor, use the low usage plug in kids lights (worked for my granddad in a huge dark house)
    Swap all bulbs to energy efficient ones. (makes a difference I can tell you!)
    Look at your utility tariff and make sure your on the best on for you!
    A little bit of planning and hard work goes a long way!
    Im also on very very low income with 2 people here 24/7 so always work hard to make sure are bills are low, but that we still have a nice winter life!

    Source(s):

  • May be you used a lot of air conditioning during the summer, to get such a high electric bill. Summer or winter it is not the light bulbs that use the greater part of your energy. It is heating or cooling.
    Thermal insulation is the answer to minimize your electric energy.
    Windows could be covered with clear plastic sheets taped on to the window frame and thermal insulation in the crawl space under the ceiling will also help.
    This does not mean that you should not turn off the lights when leaving a room.
  • Well to save large bills in winter, why don't you do what I do and pay the bills monthly. The Electric company estimate what you will use over the year and then dividethat amount by 12 and you pay the same each month - so no large bills over winter. ! Instead of a bill you get a statement each quarter with what you have paid them and what you have used / what they think you have used listed too ... if its an estimated statement. I just ring my correct meter reading through and they readjust it. Each year they will review your payment and increase or decrease it.

    Worth a go surely ? :-) I do that with my gas, electric and TV licence !
  • My electric bill doesn't jump that much over the winter, it does increase obviously with having to put lights on earlier and spending less time out and about and more time at home but it's the gas bill i'm dreading. Using the central heating tends to sky rocket my gas bill over winter. Either that or freeze though I guess.
  • I have gas heat so my electric bills will not be that bad. If you think burning candles instead of lights or a heater will save you money, you're nuts. That will be much more expensive. If you want to save money on lighting, buy those fluorescent bulbs.
  • Luckily my electric bill is not too much higher in the winter as I have gas central heating - however the gas bills are about £100 per month.
  • The same with summer, I don't put the lights on, the TV and PC provide enough light.
  • I am!! my bill for this month was $85.88<< The best we have ever done.. I'm very proud :)

    Source(s):

Can I stop a credit card company taking money out of my account?

Resolved Question

Can I stop a credit card company taking money out of my account?

They had my account details to take a one off payment out but they are now taking it out every month as I am in arrears. Can I inform my bank not to allow this to happen. I would prefer to send a cheque because I am scared they will take more out then I have agreed to. (UK)

Best Answer - Chosen by Asker

Yes you can stop the payments, simply ring your bank and ask them to stop the direct debit payments from the next payment due. Once the bank has stopped the payment the credit card company won't be able to access your bank account. Inform the credit card company that you wish to pay by cheque from now on.

There are currently no comments for this question.

Other Answers (3)

  • In the US this would mean that credit card company wrote off debt to a collection agent and is now is taking bank account deductions. No you can not stop them. You can keep the balance to zero and deal with cash and cashiers checks to pay your bills.
  • yes just tell your bank to stop your direct debits or it the are taking money from your card like a transaction. Order a new card
  • Don't maintain any balance in to your bank account which is linked to the credit card.

How do I let the banks, credit reference agencies, and other public interest groups know of a statatory demand?

Resolved Question

How do I let the banks, credit reference agencies, and other public interest groups know of a statatory demand?

Am owed £1800 from a company I done work for and he wont pay. So I intend to issue him with a statatory demand. But on a web page it coments that this will work because companies are "SO SHREWD THEY USE VARIOUS INTERNET SITES TO LET CREDIT REFERENCE AGENCIES BANKS AND OTHER PUBLIC INTEREST GROUPS KNOW OF A STATATORY DEMAND".

So does anyone now how I find these sites. The bastard who owes me money has atleast 6 failed companies already. Only in the UK would you be allowed to get away with opening up comany after company running them into the ground and walk away.

Help

Best Answer - Chosen by Asker

There may be companies that keep tabs on stat demands, but it's not of any direct use really. The idea behind a stat demand is that the company has 21 days to pay the money, and if they don't, you can then apply to have the company made insolvent. THAT is where the credit reference agencies etc would be notified.

If you apply to have the company wound-up, it can defend the application if the debt is disputed.

If the director of the company has 6 failed companies already, and you can prove he didn't run this company correctly, you could also *possibly* sue him personally (as opposed to the company). I'd suggest contacting a solicitor about that.

I'd also suggest getting in touch with Trading Standards, the OFT, and/or your local council for further help.

There are currently no comments for this question.

Other Answers (0)

No other answers.

 

Blogroll

Site Info

Text

Personal Finance Copyright © 2009 WoodMag is Designed by Ipietoon for Free Blogger Template