Do I really have to pay this debt? Is it even a legal debt?
Date: Sat, 11/07/2009 - 08:09
In mid 2007 I opened up a line of credit with this website called Equinox Instant Credit website Link deactivated by Shazzers per the TOS equinox.ibingo... This website is directly set up to loan you money and then the money is transfered to an online bingo website Link deactivated by Shazzers per the TOS ibingo. Basically, when you make a deposit, the money is tacked onto this bill you owe to this website, and they email you a bill and you are told to mail a check to canada to make a payment. This website is based in Canada, but they also have an office in the US. website Link deactivated by Shazzers per the TOS equinoxin stantcredit
First of all, is this operation legal?, as it it still operating just the same today as it was in 2006. I didn't think it was legal for a company that has an office in the US to fund online gambling.
If it is illegal - what do I send them to basically tell them to piss off. Also, how can I report them if they give me problems.
I have been paying them minimum amounts for over a year and a half now and I owe a little over $900.00. With the interest at 19.99%, I have paid them over $480.00 in total interest so far. Do I really have to pay them any money anymore when I have email statements and printouts from their website that show that the money was transferred to a Bingo website? I know that it is illegal to collect on gambling debt in the US. When was this made illegal?
They say that they will report me to credit bureaus if I do not pay. Can they actually do that since they are based in Canada and collecting on gambling debt?
Normally I would not try to get out of something that I owe, but I have given them alot in interest and cannot afford to pay this debt anymore. I need the money to pay legitimate debts. The orignal website was rigged to begin with. Besides the fact that I am feeling that it may all be illegal.
Here is a link to their appplication with terms and promise to repay:
Link removed by Shazzers for your protection
Basically, am I legally bound to pay these people?
I should also mention that in order to even get a loan, or log into your account, you need an ID from the bingo website. So basically, the loan website is just an extension of this bingo website.
First of all, is this operation legal?, as it it still operating just the same today as it was in 2006. I didn't think it was legal for a company that has an office in the US to fund online gambling.
If it is illegal - what do I send them to basically tell them to piss off. Also, how can I report them if they give me problems.
I have been paying them minimum amounts for over a year and a half now and I owe a little over $900.00. With the interest at 19.99%, I have paid them over $480.00 in total interest so far. Do I really have to pay them any money anymore when I have email statements and printouts from their website that show that the money was transferred to a Bingo website? I know that it is illegal to collect on gambling debt in the US. When was this made illegal?
They say that they will report me to credit bureaus if I do not pay. Can they actually do that since they are based in Canada and collecting on gambling debt?
Normally I would not try to get out of something that I owe, but I have given them alot in interest and cannot afford to pay this debt anymore. I need the money to pay legitimate debts. The orignal website was rigged to begin with. Besides the fact that I am feeling that it may all be illegal.
Here is a link to their appplication with terms and promise to repay:
Link removed by Shazzers for your protection
Basically, am I legally bound to pay these people?
I should also mention that in order to even get a loan, or log into your account, you need an ID from the bingo website. So basically, the loan website is just an extension of this bingo website.
It sounds like an online credit card and according to their webs
It sounds like an online credit card and according to their website they are allowed to do business in USA. I'd wait for the other members to comment on it.
Where could I report them for operating like this in the US. Isn
Where could I report them for operating like this in the US. Isn't it illegal for a company to facilitate online gambling in the US. With this "credit line" you can not do anything but gamble on this bingo site. I just don't see how it's legal?
[QUOTE=;][/QUOTE] Hi all I am newbie and need some asistance
[QUOTE=;][/QUOTE]
Hi all
I am newbie and need some asistance with few cases, hope to find here answers to my questions.
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