Peter of England: He's going to be in REal trouble

[Losleones]

Still, between his promotion of WeRe bank, his arbitrary censorship and warnings issued to those attempting to expose the scam, Haining is admitting partial culpability.

Indeed. What a narcissistic tosser he is. King Goof Haining has banned a member aiding a bunch of morons Get Out Of Debt Free, the very thing the site promotes. Excellent work Haining & you are as culpable as PToE.

[Skeleton]

Great isn't it. That Robswift plank is after Jimmy's mantle of top goofer. Really can't work the lad out or what he's trying to achieve. The idiot pays Peter a tenner a month for a service he never intended to use - oh my ribs ache

I'd love to see the judge try to keep a straight face if that statement was ever made in his court.

Robswift really is incredibly stupid. He appears to be yet another vulnerable person being exploited.

Eta. Thread locked. Quelle surprise.

I was enjoying that, Has woody gone with it though?

[guilty]

This isn't true. Largely it seems to be a confusion between a bank and credit. As an example lets say I take out a credit card with The Peanut Bank. The Peanut Bank is willing to advance me a line of credit worth £20,000 (or what Burnaby call's 'beer money'), The Peanut Bank can advance this level of money to me because it has a lot more money (hundreds of millions) in various assets held internationally. The Bank is willing to take a chance on loaning me the money because the Bank thinks I will pay it back based on my credit history.

Quite correct. It must also be said that the £20,000 credit becomes a liability on the bank. If anything goes wrong it is the bank that is on the hook. So, in many cases that liability is 'insured' by taking a security on your property. There are unsecured personal loans, but the interest rates are then substantially increased.
As you pay off the loan, the liability on the bank decreases, until it returns to zero. No extra money has been created.

(£20,000 for beer? Burnaby is a bit of a cheapskate.)

[Bones]

MM thinks he/she is the payee = someone who is more than a sandwich short of a picnic

[Bones]

[NG3]

MM thinks he/she is the payee = someone who is more than a sandwich short of a picnic

Does this mean WeRe in for hours of fun watching videos of idiots asking ordinary innocent people, marketeers, salesmen, bailiffs, police, & court officials if they "work" for Quatloos?

& 290280GO, if you read this, damn right I got the tech to get your number, and location, & I got a decoder ring, phaser, jet pack, cloak of invisibility AND a copy of Harper's Weekly.

Fear me esé!

[vampireLOREN]

MM thinks he/she is the payee = someone who is more than a sandwich short of a picnic

Oh Jolly....I hope that leads to sleepless nights .

[ArthurWankspittle]

What a genius! They are unsure how the phone company got hold of their phone number.

[Pox]

What a genius! They are unsure how the phone company got hold of their phone number.

Made me laugh anyway, thanks for that.

[littleFred]

170959MM (Michael David Meehan) sent a cheque to BT on 28 May, and the bill on 24 August showed the amount as paid. So naturally he also paid his September bill with another WeRe cheque. (Reported in the "Any members still having success" thread.) So the first cheque took nearly four months to bounce.

Which was rather longer than his failures with council tax, gas and electric.

[Jeffrey]

Some relevant reading for Mr. Meehan:

http://banking.about.com/od/checkingacc ... checks.htm
https://en.wikipedia.org/wiki/Check_kiting

Check kiting is a form of check fraud, involving taking advantage of the float to make use of non-existent funds in a checking or other bank account. In this way, instead of being used as a negotiable instrument, checks are misused as a form of unauthorized credit.

According to the United States Department of Justice, check kiting can be prosecuted under several existing laws including those against bank fraud (18 U.S.C. § 1344), misapplication (18 U.S.C. § 656), or required entries (18 U.S.C. § 1005). It can draw a fine of up to $1,000,000.00, imprisonment for up to 30 years, or both, and many first-time offenders with no criminal background have received stiff sentences. In addition to the federal penalties, state law often provides for alternate civil and criminal consequences.

[wanglepin]

So the first cheque took nearly four months to bounce.

O deary me. I hope peaceful_warrior is reading this, he says

peaceful_warrior wrote:
So if they were dud cheques why have i not had any further communications from HMCTS and/or UDC?

http://www.getoutofdebtfree.org/forum/v ... gMT9jTF98E
he sent his cheques back in June, so is in for a nice surprise shock..

[FN75]

Oh Jolly....I hope that leads to sleepless nights .

I can't believe they think we've got everyone's personal details and we're ringing them pretending to be their creditors...what the actual...

[Bones]

Putting aside for a moment that Rob is a complete and utter 5 star idiot, it looks like love has broken out between him and miss porkie pie peaceful warrior.

I love it went two freetards get together, it means that we have months of free entertainment to come. Bit of luck really now that tom and the crawford clan have gone by the by.

[wanglepin]

I was enjoying that, Has woody gone with it though?

I don't think he has. he has just been thanked for matchmaking over in goofsville.
http://getoutofdebtfree.org/forum/viewt ... 61#p418961

[wanglepin]

I love it went two freetards get together,

woody head has responded.

[AndyPandy]

MM thinks he/she is the payee = someone who is more than a sandwich short of a picnic

'How the fxxk did they know my number', it was BT calling you you moron, how the fxxk wouldn't they know your number??

Paranoia, don't you just love it

[AndyPandy]

I was enjoying that, Has woody gone with it though?

I don't think he has. he has just been thanked for matchmaking over in goofsville.
http://getoutofdebtfree.org/forum/viewt ... 61#p418961

I'm all tearful, I love a happy ending

[Pox]

I was enjoying that, Has woody gone with it though?

I don't think he has. he has just been thanked for matchmaking over in goofsville.
http://getoutofdebtfree.org/forum/viewt ... 61#p418961

I'm all tearful, I love a happy ending

I just hope that they don't breed - God forbid.

[wanglepin]

I'm all tearful, I love a happy ending

I wonder how they paid for dinner?