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[mattowl1867 WANTED $34 Outlaw]

Heyup treacle pies,

 

Just wondering what everyone does in terms of their gambling and bank accounts? For example i have my wage go into my Monzo account, bills and life get used by this one and Gambling Transactions are blocked. I want to keep this account ‘clean’ of such transactions, am i doing that right or is it all for nothing?

 

I transfer my gambling / entertainment budget into my Lloyds account, this account is just full of transactions for online play or land based etc.

 

Does keeping it seperate matter?

I’m trying to slowly enhance my credit rating after a bad few years defaulting accounts when i was younger and when it comes to it, i want my main bank to see that I’m an alright kinda guy with the cleaner account!

 

What do you all think / do yourselves with this kinda thing if i may ask?

[Winningbird WANTED $574 Outlaw]

I think its better to keep your transactions for gambling in a second account. People have said in the past that gambling transactions on statements affect your mortgage ability ect, so keep it separate (:

[Kevinh147 WANTED $8 Outlaw]

Personally I don’t think it really matters if it’s just your credit score you are trying to improve if all your accounts you defaulted are clear they will disappear in 7 years anyway or at least they did for me as my credit score was appalling at the age of 19 I was lucky and was bailed out by my parents who cleared all my debt which I’m not proud of and have since paid them back then worked on rebuilding my credit rating and I’m still with the same bank and still gamble although nowhere near as much and after a few years my credit score is now very high and haven’t been turned down for finance in the last few years. Basically I think as long as they can see you aren’t going over budget with gambling you should be fine. That’s my experience anyway.

[LC LC2017 WANTED $21 Outlaw]

@kevinh147 Thankfully i’m one of the lucky ones that has managed to avoid these issues, however one thing i have always wondered is if you had a debt of say i don’t know £4000 for a credit card, if you did not pay that debt after 7 years would that automatically come off your credit report? Or would it be 7 years after you have actually paid it off? Like how does the 6 year / 7 year thing work? Find it all very baffling, saw a panorama show a while back

[Kevinh147 WANTED $8 Outlaw]

I’m not entirely sure but I think in relation to credit card debts they are classed as constantly open accounts until the debt has been paid in full so will never disappear from your file so they can potentially stay on there for life it’s from the date it’s paid in full that it will disappear after 7 years and will live on your file for that time as a late payment account which will incur a lot of negative points it won’t make it impossible to get credit but the interest rates are a lot higher for credit cards that pre approve people with bad credit.

[Anonymous WANTED $110 Inactive]

I transfer money to paypal,from paypal to casino,on bank account show paypal only

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