| | | taerese | 03-24-2015 10:52 AM | How to take out money from stealth without bank withdrawal? I am planning of having more stealth accounts but I do not have enough bank accounts I could associate with them [end of story]
I would like to know if there are alternative strategies I could use to withdraw money from the various stealths PayPal. An approach that works better in the UK |
| JamesNorth101 | 03-24-2015 10:53 AM | Re: How to take out money from stealth without bank withdrawal? Buying items is the only other widely used method really. |
| taerese | 03-24-2015 10:55 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by JamesNorth101
(Post 653376)
Buying items is the only other widely used method really. | Like seriously? |
| JamesNorth101 | 03-24-2015 10:56 AM | Re: How to take out money from stealth without bank withdrawal? If you are creative I am sure you can come up with other methods besides buying
Bank accounts are by far the easiest method though |
| taerese | 03-24-2015 11:00 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by JamesNorth101
(Post 653379)
If you are creative I am sure you can come up with other methods besides buying
Bank accounts are by far the easiest method though | Been cracking my head to think of ways. What about all these banks that exist only on internet that charge a monthly fee or so. Not any of the predominant high street banks. Something like the egg account. Does that still exist? |
| Ebayorbust | 03-24-2015 11:01 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by taerese
(Post 653378)
Like seriously? | There are only two methods to get money out of a Paypal account - withdraw it to a bank account or spend it.
The key is finding appropriate items to "spend" the funds on. ;) |
| Ebayorbust | 03-24-2015 11:04 AM | Re: How to take out money from stealth without bank withdrawal? How much do you spend a month on your weekly food shopping?
Many supermarket gift vouchers can be purchased online using Paypal. |
| taerese | 03-24-2015 11:06 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by Ebayorbust
(Post 653383)
How much do you spend a month on your weekly food shopping?
Many supermarket gift vouchers can be purchased online using Paypal. | Haha.. Food aint everything boss. What about paying bills, mortgages, sch dinner for the kids e.t.c. Would be a good option if the gift vouchers could be redeem for real cash or if balance of giftcards could be transfer to bank |
| Ebayorbust | 03-24-2015 11:20 AM | Re: How to take out money from stealth without bank withdrawal? I was just trying to give you ideas. The best cashout methods tend to be tightly held as when they get well known, they get used, abused and closed out eg online bookies. |
| taerese | 03-24-2015 11:35 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by Ebayorbust
(Post 653387)
I was just trying to give you ideas. The best cashout methods tend to be tightly held as when they get well known, they get used, abused and closed out eg online bookies. | I get you quite alright and appreciate it. Really do! |
| Bunneh | 03-24-2015 11:37 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by taerese
(Post 653390)
I get you quite alright and appreciate it. Really do! | Why can you not get a bank account? if you are old enough to have bills and pay rent, you can get one surely :dance: |
| taerese | 03-24-2015 11:40 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by Bunneh
(Post 653391)
Why can you not get a bank account? if you are old enough to have bills and pay rent, you can get one surely :dance: | I have bank ACCCOUNTS. but not enough. Really do not want to discuss bank accounts and want the thread to focus on alternative means, ideas of cashing out was why I Quote:
[end of story] at the talk of bank account
| |
| JamesNorth101 | 03-24-2015 11:43 AM | Re: How to take out money from stealth without bank withdrawal? I think eBayorbust has really hit the nail on the head.
Any really good solid methods will just not be posted on a public forum as that would then lead to real abuse of those methods leading to them being shut down. |
| taerese | 03-24-2015 01:08 PM | Re: How to take out money from stealth without bank withdrawal? |
| Haidukken | 03-24-2015 01:23 PM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by taerese
(Post 653384)
Haha.. Food aint everything boss. What about paying bills, mortgages, sch dinner for the kids e.t.c. Would be a good option if the gift vouchers could be redeem for real cash or if balance of giftcards could be transfer to bank | If these are you concerns, then I strongly suggest you sorting out some bank accounts. You clearly have kids and family and long term financial stability is key for any family.
Invest time, energy and some money into making accounts that will last you for years to come and you will not be in a need of THAT many bank accounts.
If you want to make a quick buck, then you might run into a risk of losing couple of bank accounts here and there and before you know it, you are at a point where your credit score is a tad bit ****ed and you have run out of ideas. Not to mention that you have still spend time, effort and money to create these accounts.
Instead of putting 70% effort in and trying to do things "creatively" just get the basics right, get couple of accounts going. Add few more and next thing, you'll be having a stable extra income, your accounts are strong and you don't need to hold your breath each time you check you accounts, in fear of being suspended.
Take it seriously and think long term- You have a family. |
| yankee | 03-24-2015 05:22 PM | Re: How to take out money from stealth without bank withdrawal? I buy almost everything from paypal accounts. Very rarely does my everyday buying not come out of paypal. I also pay the vast majority of my vendors via paypal. Most of my paypal accounts never have a bank or cashout method attached. Just gets spent. It is so incredibly easy to find something to resell for MORE $$$ online and sell local for cash. I have entire staff who do nothing but sell locally items that were purchased online. |
| Haidukken | 03-24-2015 05:54 PM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by yankee
(Post 653465)
I buy almost everything from paypal accounts. Very rarely does my everyday buying not come out of paypal. I also pay the vast majority of my vendors via paypal. Most of my paypal accounts never have a bank or cashout method attached. Just gets spent. It is so incredibly easy to find something to resell for MORE $$$ online and sell local for cash. I have entire staff who do nothing but sell locally items that were purchased online. | Every day I read something new about you! My man, you must have some sort of underground Bondesque operation going on! If you even need a hand in you bagel and coffee department then I'm your guy! http://i.dailymail.co.uk/i/pix/2012/...03_634x372.jpg |
| yankee | 03-24-2015 06:00 PM | Re: How to take out money from stealth without bank withdrawal? Last summer I had a crew who worked on boats, trailers, ATVs, some autos(no longer for me) and other things like log splitters, wood chippers, snowblowers, UTVs. It was interesting. I no longer do those things because they can not be shipped plus my marine mechanic had a stroke last fall. |
| joffieJaffa | 03-25-2015 04:57 AM | Re: How to take out money from stealth without bank withdrawal? i make quite a bit of money on ebay and hardly ever withdraw to a bank account.
i use sites like ebay , gumtree, FB , Preloved, and so on to find bargains localish to me, cars, phones, bikes, well anything i can sell local at a profit, making more money from the money i made on ebay, Kind of double bubble, i get cash in hand for things i paid for by paypal but rather than lose money in the process i usually make a few extra quid for my efforts. |
| taerese | 03-25-2015 09:20 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by joffieJaffa
(Post 653598)
i make quite a bit of money on ebay and hardly ever withdraw to a bank account.
i use sites like ebay , gumtree, FB , Preloved, and so on to find bargains localish to me, cars, phones, bikes, well anything i can sell local at a profit, making more money from the money i made on ebay, Kind of double bubble, i get cash in hand for things i paid for by paypal but rather than lose money in the process i usually make a few extra quid for my efforts. | Good. Got great ideas from here. Its time I get back into Auto. |
| wired | 03-25-2015 11:48 AM | Re: How to take out money from stealth without bank withdrawal? Multiple bank accounts are only really an issue when the person is on some form of benefit allowance, and therefore hiding their off record income from the DWP and the like.
If you are being legit, then you can open as many bank accounts as you need really. |
| oompaloompa | 03-25-2015 12:00 PM | Re: How to take out money from stealth without bank withdrawal? the thing with buying is the address the delivery goes to. Online or virtual stuff is getting tighter to find, but amazon vouchers etc are good stuff you can resell or use. Not a business plan though, ok for leftovers. Actually paying your supplier is a great way of using it up, it they do not mind sending to a different address than paypal one..... |
| Geegee83 | 03-25-2015 12:57 PM | Re: How to take out money from stealth without bank withdrawal? Do you buy your vouchers on eBay or on another site? |
| wired | 03-25-2015 01:01 PM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by oompaloompa
(Post 653694)
the thing with buying is the address the delivery goes to. Online or virtual stuff is getting tighter to find, but amazon vouchers etc are good stuff you can resell or use. Not a business plan though, ok for leftovers. Actually paying your supplier is a great way of using it up, it they do not mind sending to a different address than paypal one..... | Just look for Argos Click and Collect for buying items.
Paying supplier.
Get PayPal access card and spend anywhere and everywhere.
Lots of options. |
| Geegee83 | 03-25-2015 01:06 PM | Re: How to take out money from stealth without bank withdrawal? What do you have to show when you use Argos? ID or anything?
Sorry for the questions, I'm exploring this way of using PayPay money too but it's new to me.
I see Amazon don't accept PayPal, so I'm guessing you have to buy from eBay or another gift card site? |
| dan_ebay | 03-25-2015 05:34 PM | Re: How to take out money from stealth without bank withdrawal? localbitcoins.com |
| wired | 03-26-2015 01:03 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by Geegee83
(Post 653715)
What do you have to show when you use Argos? ID or anything?
Sorry for the questions, I'm exploring this way of using PayPay money too but it's new to me.
I see Amazon don't accept PayPal, so I'm guessing you have to buy from eBay or another gift card site? | Just need the FM number which you get sent through email, no ID needed for Argos.
Just open bank accounts, its that simple. |
| Geegee83 | 03-26-2015 04:22 AM | Re: How to take out money from stealth without bank withdrawal? I have bank accounts, but I don't want to open any more as I'm applying for a mortgage next year and don't want anything to look odd. I still have my main accounts, the stealth is just for some extra.
Lost 3 banks accounts when 3 stealth's went down last year in the mad purge, so I'd like to continue to stealth without bank accounts at first.
I'll try gift card buying and argos. Thanks! |
Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by Geegee83
(Post 653887)
I have bank accounts, but I don't want to open any more as I'm applying for a mortgage next year and don't want anything to look odd. | I hear that about credit worries but check soft credit hit vs hard credit hit (soft is when accounts are made...in general) |
| GreenBean | 03-26-2015 05:07 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by Geegee83
(Post 653887)
I have bank accounts, but I don't want to open any more as I'm applying for a mortgage next year and don't want anything to look odd. I still have my main accounts, the stealth is just for some extra.
! | Quick tip... at the end of this financial year, get a free copy of your credit file to check what is there AND what is not there. Always handy to know what others know about you ;)
Sounds a very exciting prospect for you in 2016. Good Luck with the endeavour.
:ranger: |
| Geegee83 | 03-26-2015 05:19 AM | Re: How to take out money from stealth without bank withdrawal? Thanks, yes it's very exciting! I can't wait to get my own house.
I just don't want to go for a mortgage and they start wanting to see bank statements from all accounts showing on file, which would include stealth's.
My credit score is 979 and "Excellent", but I have a past bankruptcy from 8 years ago and I'm worried they will probably be asking me more questions than normal due to that, and also due to being self employed.
I'm guessing I'll be accumulating around £400 a month from stealth, will this be suspicious to eBay to buy gift cards?
I have one remaining stealth left, with a bank account attached, so maybe I'll try it with that first.
Good to see you back GB! ;) |
| oompaloompa | 03-26-2015 05:37 AM | Re: How to take out money from stealth without bank withdrawal? argos is no good unless the paypal name matches your id, same with boots.....we looked in to those ages ago.... |
| Ebayorbust | 03-26-2015 06:34 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by Geegee83
(Post 653908)
Thanks, yes it's very exciting! I can't wait to get my own house.
I just don't want to go for a mortgage and they start wanting to see bank statements from all accounts showing on file, which would include stealth's.
My credit score is 979 and "Excellent", but I have a past bankruptcy from 8 years ago and I'm worried they will probably be asking me more questions than normal due to that, and also due to being self employed.
I'm guessing I'll be accumulating around £400 a month from stealth, will this be suspicious to eBay to buy gift cards?
I have one remaining stealth left, with a bank account attached, so maybe I'll try it with that first.
Good to see you back GB! ;) |
Credit bureaus only hold data for the previous 6 years so something in your credit history 8 years ago should not be seen and therefore not asked about.
Good luck with house purchase. :) |
| Ebayorbust | 03-26-2015 06:36 AM | Re: How to take out money from stealth without bank withdrawal? Quote:
Originally Posted by oompaloompa
(Post 653912)
argos is no good unless the paypal name matches your id, same with boots.....we looked in to those ages ago.... | Argos click and collect does not require ID (buying on Ebay with stuff sent to Argos for collection).
Purchasing from Argos using Paypal and collecting in branch will require ID. |
| Geegee83 | 03-26-2015 06:39 AM | Re: How to take out money from stealth without bank withdrawal? Thanks ebayorbust.
Unfortunately for mortgages you have to declare *any* bankruptcy.. you never truly get rid of it. I used to be a mortgage advisor years back and they actually have a separate database they search to find out. Well, they used to years ago anyhow.
Thanks for the clarification on click and collect, very useful! |
| Ebayorbust | 03-26-2015 06:41 AM | Re: How to take out money from stealth without bank withdrawal? I wasn't aware of that. Bloody hell, that is really harsh. |
| RosieTosie | 03-26-2015 06:51 AM | Re: How to take out money from stealth without bank withdrawal? Also of course here in the UK people needing mortgages are needing to put down around 40% deposits and with the average house price over here supposed to be around £200,000, that is a huge deposit required. Ok for the very successful Stealthers amongst us who have been that successful for a few years, but not so good for everyone else! All thanks to those rogue bankers who screwed up of finances then have the gall to 'demand' theses huge deposits. About an hour away from us is the edges of the Lake District where whole streets could be bought for a fraction of those deposits not long ago. |
| JamesNorth101 | 03-26-2015 06:52 AM | Re: How to take out money from stealth without bank withdrawal? 40% would be a very high %. Its often 10/15%, sometimes even as low as 5% |
| Haidukken | 03-26-2015 06:56 AM | Re: How to take out money from stealth without bank withdrawal? I was just about to say the same- It used to be 40% but I'm pretty sure it's down to 25% and many, many banks doing the 5-10% deposit with Gov. paying the rest. |
| Geegee83 | 03-26-2015 06:57 AM | Re: How to take out money from stealth without bank withdrawal? Mortgage's are around 90-95% Loan to Value now, so James is right, a 5, 10 or 15% deposit is fine. We are saving £15,000/£20,000 between us for around a £200,000 house. Where I live that's a 4 or 5 bed detatched though, no crazy London prices for me!
The problem is, most people don't want to save, or can't save because their budget is so tight, but then those people might not be the best to have a mortgage if their budget is so tight.
The government help to buy scheme is also very good, you only need 5% deposit for that. | | All times are GMT -5. The time now is 10:33 PM. | |
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