Hi,
A friend of mine in Dublin owe 3,000 eur to Sportingindex.com, he recently got married and has not a penny left to pay it off. He has just ignored this but for past 2 weeks he is getting letters from them.
What if he didn't pay off this debt will it affect his credit rating for future bank loans.
Judging this is easy but poor sole had lost thousands gambling over years so it might be a little pay back[broken link removed]
They are governed by UK laws which are not enforceable in Ireland-[section 412 of the Financial Services and Markets Act 2000]. It'll be nice to hear from someone with knowledge of Irish law but keep the comments coming.
Below is what I found for Ireland:
[broken link removed]
page 114/115
4.15.5 Relating to the provision of credit by the operator to consumers, it is the opinion of the
Committee that contracts of credit should not be legally enforceable. This does not prohibit operators
from providing credit facilities to their customers. They may do so at their own risk. If they do so they
have no recourse to the courts in the event of non-payment by a customer.
Enforceability of Contracts
• The fact that a contract relates to gaming shall not prevent its enforcement.
• This is without prejudice to any rule of law preventing the enforcement of a contract
on the grounds of unlawfulness (other than a rule relating specifically to gaming).
• No provision shall be made for the enforcement of contracts to extend credit for the
purposes of gaming.
Many Thanks for your help...
A friend of mine in Dublin owe 3,000 eur to Sportingindex.com, he recently got married and has not a penny left to pay it off. He has just ignored this but for past 2 weeks he is getting letters from them.
What if he didn't pay off this debt will it affect his credit rating for future bank loans.
Judging this is easy but poor sole had lost thousands gambling over years so it might be a little pay back[broken link removed]
They are governed by UK laws which are not enforceable in Ireland-[section 412 of the Financial Services and Markets Act 2000]. It'll be nice to hear from someone with knowledge of Irish law but keep the comments coming.
Below is what I found for Ireland:
[broken link removed]
page 114/115
4.15.5 Relating to the provision of credit by the operator to consumers, it is the opinion of the
Committee that contracts of credit should not be legally enforceable. This does not prohibit operators
from providing credit facilities to their customers. They may do so at their own risk. If they do so they
have no recourse to the courts in the event of non-payment by a customer.
Enforceability of Contracts
• The fact that a contract relates to gaming shall not prevent its enforcement.
• This is without prejudice to any rule of law preventing the enforcement of a contract
on the grounds of unlawfulness (other than a rule relating specifically to gaming).
• No provision shall be made for the enforcement of contracts to extend credit for the
purposes of gaming.
Many Thanks for your help...