Fraud -I got Oofed.

Don't be so harsh. He's only 16 years old. Many 16 year olds do dumb things especially for the prospect of easy money and are not aware that their bank account will get closed or of fraud markers or not being able to get a mortgage etc. Some of those who coerce the younger and vulnerable into it just say it's a simple harmless "bank transfer", these are fraudsters for a living who know how to trick people.

OP you can still go to university and you can still get paid student finance, you will just have to use an online bank now like Monzo or Pockit. You will have your own sort code and account number so can still get your job wages and student finance paid into it. Student finance do not look at CIFAS markers you just need a sort code and account number.

As for a mortgage (a house) a CIFAS marker lasts for 6 years, so you will be 22 when it is removed and at that age you won't be applying for a mortgage. Very few people are in the financial positions to obtain a mortgage fresh out of uni.

You won't be able to have an overdraft though. Not sure about credit cards. You will have to be wise with your money using a debit card.

You telling me 16 year olds regularly do fraud?

no but i am

youths nowadays.

Being 16 isn't an excuse lmfao, cmon, if someone is offering you free money and you're deadass dumb enough to be like "haha yea this sounds legitimate!" somethings wrong...

The thing is; there are ways of getting free money online...

no theres not lmfao

Ok then

free money isnt a thing, i dont get why people are so delusional thinking it does

free money isnt a thing, i dont get why people are so delusional thinking it does

Believe what you want then

tell me whos giving out free money?

There are plently of companies giving out free money purely for signing up with them etc.

please inform me as to whom these people are

There are alot of threads across various financial and legal forums created by young people tricked into committing fraud.



People do this sort of thing all the time.

www.topcashback.co.uk

Knock yourself out mate.

thats not free money? its a hyped up affiliate scheme. are you that delusional to think they're just giving random people free money? lmfao some people really need to work on their common sense...