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RE: How much Debt have you got?
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RE: How much Debt have you got? - May 4 2008 11:09:20   
orange86


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9k of student debt and counting!

dam interest

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RE: How much Debt have you got? - May 4 2008 11:14:38   
Furyan


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quote:

9k of student debt and counting!

dam interest


It could be worse. My friends all recently did their LPC, to train as solicitors. The course cost them 9k, and they had to take out professional loans as student loans dont help for professional courses. If you consider its difficult to get a job when they require you to be at the course between 9-5 and they give you a heapload of coursework, they ended up having to borrow around 15k for food, rent etc.One of them was due to start paying it back two months ago, he had to sell his car to fill the payment! I feel bad for them, because getting a training contract is no easy task as it is, nevermind having to worry about the bank chasing you!

Banks arent like the student loans company, they WILL do whatever it takes to get that money from you lol!

< Message edited by Furyan -- May 4 2008 11:20:28 >


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RE: How much Debt have you got? - May 4 2008 11:19:28   
2 the max


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£0

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RE: How much Debt have you got? - May 4 2008 11:21:01   
Tomazi8


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soon to be about 5-600 hundred no biggie though, i just wont spend as much for 2-3 months and get by, it will be paid off then.

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RE: How much Debt have you got? - May 4 2008 11:30:22   
Stone


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2 BTL mortgage, few hundreds on the cards, no more student loan (although will still pay back family for clearing it for me).

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RE: How much Debt have you got? - May 4 2008 11:32:56   
jay06

 

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i owe my mate 12 quid for a footie ticket that is all other than my car

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RE: How much Debt have you got? - May 4 2008 11:36:03   
leerc


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i dont have debt and the only debt i will ever have will be a mortgage.id rather drive my 300 quid banger than be up the eyes of debt

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RE: How much Debt have you got? - May 4 2008 12:02:34   
ChilledDJ

 

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Around 1500 overdraft and about £100 on a credit card. I also owe my girlfiend a bit of cash, but in the next 3 months I'll have paid off everything.

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Post #: 28
RE: How much Debt have you got? - May 4 2008 12:19:40   
s man


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14k but I take home 90k+ so it's a drop in the ocean and will be gone before the end of the year.

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RE: How much Debt have you got? - May 4 2008 12:19:49   
Big D


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14k for student loan and a £600 on 2 different credit cards.

i could clear what i owe though, so i'm not stressed by it.

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Post #: 30
RE: How much Debt have you got? - May 4 2008 12:22:57   
atkinson2006


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too much, waaaaaay to much. Bloody Mortage, and the fall in house prices. If i sold now i would make a substantial loss, so i count my house as a debt not an investment (at the minute) 102.5k worth

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Post #: 31
RE: How much Debt have you got? - May 4 2008 12:43:31   
ThePluggedOne


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..forgot about my car loan.. so double it to 16 grand... plus my wifes car that I lease.. does that count?

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RE: How much Debt have you got? - May 4 2008 12:48:42   
strikalite

 

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quote:

ORIGINAL: leerc

i dont have debt and the only debt i will ever have will be a mortgage.id rather drive my 300 quid banger than be up the eyes of debt


That's the best attitude to have, if you haven't got the money then you can't afford it......never had a credit card, never had a loan, and my mortgage is the cost of a medium size pizza .....But I'm only earning £17k a year!

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Post #: 33
RE: How much Debt have you got? - May 4 2008 12:51:05   
Firearm


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Few hundred on my overdraft

Thanks to my student loan though it's going to sky rocket

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Post #: 34
RE: How much Debt have you got? - May 4 2008 12:51:13   
Mobster


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quote:

ORIGINAL: Fat Pete

£129


damn you... got me beat ha ha

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Post #: 35
RE: How much Debt have you got? - May 4 2008 13:00:10   
Crunch


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About £300 in my overdraft. Got money spread across a few accounts though so if i wanted to pay it off now i could, but i dont.

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Post #: 36
RE: How much Debt have you got? - May 4 2008 13:03:48   
Raskolnikov


Posts: 2224
Joined: Apr. 17 2006
From: Margate, arson capital of the UK
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About £2000 overdrawn

Also about £11,000 student loan to be repaid, but trying not to think about that

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Post #: 37
RE: How much Debt have you got? - May 4 2008 13:49:11   
tuc biscuit


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From: Manchester UK Joined: Jun. 12 1993 Posts: 98675
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quote:

ORIGINAL: leerc

i dont have debt and the only debt i will ever have will be a mortgage.id rather drive my 300 quid banger than be up the eyes of debt




ah, you never know

sometimes your council tax is due, then your car insurance, then your car breaks down, then so does the fridge, then your roof starts leaking all in quick succession, all after you've had to shell out for the mortgage

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Post #: 38
RE: How much Debt have you got? - May 4 2008 14:56:11   
Sideeffectwhu

 

Posts: 551
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dont get paid until a week thursday and I am already into my overdraft facility by £22 but will be around £300 by next week. I still owe £700 to a very good friend who keeps telling me not to worry.

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Post #: 39
RE: How much Debt have you got? - May 4 2008 14:58:12   
JBRSS

 

Posts: 1403
Joined: Dec. 10 2007
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£400 Credit Card and an overdraft

Paying them all off next month because i will get some money.

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Post #: 40
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