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#10
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[ QUOTE ]
Hi folks. Just to let you know; it's been illegal to settle debts with credit cards for some time now. There was a case in 2000, I think, where a woman drove up a 10k credit card bill playing online and then refused to pay the bill stating that by letting her fund her gambling, the CC company was breaking the law. The CC company sued, and the case was ruled in her favor. Ever since then CC companies have tried not to let people fund any type of online "gambling" because they could get stuck with the bill. Sometimes it slips through the cracks, but the average person does not know that they can just stick them with the bill. It's supposed to work the same way in a brick and mortar casino too, but there you dont use your card to get an advance to keep playing; you use your card to purchase chips with which to keep playing. I dont know, laws in this country can get kinda goofy. Anyway, as far as most people on this site are concerned, this bill should be of little to no consequence- NETELLER for the win folks. [/ QUOTE ] Gambling debt has one of the highest chargeoffs rates as well, so any excuse for a credit card company to decline works for them [img]/images/graemlins/smile.gif[/img] |
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