When selling on ebay in an IVA

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littlefi

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Post by littlefi » Wed Jun 01, 2011 3:46 pm
I know I can sell personal stuff as I asked before on here and it was ok, but obviously it will go through my bank account before going into my savings account. I don't want them to think this is an earning. I'm self employed so my earnings aren't always obvious as in basically I withdraw money from my business account and pay myself whatever amount I can.

Any advise? shall I just keep notes?
"It is never too late to be what you might have been"
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kallis3

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Post by kallis3 » Wed Jun 01, 2011 3:50 pm
I wouldn't worry! I presume you have a Paypal account? If so then you can always change the bank account it is paid into, I am assuming they will let you transfer it into a savings account?

Personally, I keep my ebay spending in my Paypal account to fund buying for me on ebay. I don't transfer it to my bank.

Might be an idea?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
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littlefi

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Post by littlefi » Wed Jun 01, 2011 4:13 pm
I'm too easily tempted on ebay, I will buy something I don't need, that is where my weakness lays, at least I acknowledge it, so need to transer money out of paypal!

I think you can only transfer into a current account but I'm off to paypal now to check that out!
"It is never too late to be what you might have been"
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littlefi

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Post by littlefi » Wed Jun 01, 2011 4:31 pm
ah ha it seems you can set up a savings account to deposit money from your paypal account, whoo hoo!
"It is never too late to be what you might have been"
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danieln

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Post by danieln » Wed Jun 01, 2011 4:32 pm
was going to suggest the paypal prepaid card but it appeard to have been discontinued! I did however get an email saying I would get a new one... but nothing has arrived yet!

I think to transfer money you need to setup a DD... they do the transfer of 1p etc... I tried this on my coop savings account and as it does not do DD's it failed!
 
 

kallis3

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Post by kallis3 » Wed Jun 01, 2011 4:35 pm
That's good news Littlefi, temptation removed!

I've just had my new prepaid card - doubt I will use it though.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

littlefi

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Post by littlefi » Wed Jun 01, 2011 4:39 pm
What is this prepaid card? I've never heard of it!

Ah maybe my savings account might not do DD's either so might fail, ah well I can fall back on transferring to current a/c then straight into savings a/c
"It is never too late to be what you might have been"
Fiona
 
 

kallis3

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Post by kallis3 » Wed Jun 01, 2011 4:44 pm
You can get prepaid cards from a lot of places - you can't go overdrawn on them and they are accepted in a lot of places. They're not credit cards so no worries there.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

danieln

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Post by danieln » Wed Jun 01, 2011 4:55 pm
Its basically like a gift card.. but you can use it anywhere...

The paypal one was visa but I think the new one is mastercard, however its odd that you can no longer sign up for the service with Paypal, its like they have sold our custom on!
 
 

kallis3

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Post by kallis3 » Wed Jun 01, 2011 5:30 pm
You've not been able to sign up to Paypal for a while now.

Personally I don't think it's anything like a gift card - you sign up to a prepaid card and get an account and pay across money to it so that you can spend on it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

danieln

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Post by danieln » Wed Jun 01, 2011 5:37 pm
I meant that it is a basic card with the ability to spend money you have loaded on to it... like a gift card has.
 
 

kallis3

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Post by kallis3 » Wed Jun 01, 2011 5:41 pm
It is, but I don't class it in the same way as a gift card. That has a maximum limit and if you are the recipient, as far as I am aware, you can't load on to it.

I do stand to be corrected.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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