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Old Apr 20, 2006 | 06:36 PM
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Default Debt?

Was reading a bit on another forum about a 20year old, in 10k worth of debt.
Then another chap noted that he owed 21k by the time he was 20!?

What debts do you have? Not including the mortgage...
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Old Apr 20, 2006 | 06:37 PM
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Everything all in about Ł2k
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Old Apr 20, 2006 | 06:38 PM
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8k student loan thats it, but you pay fuck all back a month so doesnt even affect me
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Old Apr 20, 2006 | 06:39 PM
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Default Re: Debt?

Originally Posted by Coldo
Was reading a bit on another forum about a 20year old, in 10k worth of debt.
Then another chap noted that he owed 21k by the time he was 20!?
Students?

If so not suprising really
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Old Apr 20, 2006 | 06:40 PM
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erm,,,,,,,,,,,,, i owe my parents 400 quid,,,,,,,, that they aint asked for back and erm


well ive now paied for my boiler that i got a loan out for last month,,,,,, 2k i could have done with out paying


apart from that i owe switch on here about 200 quid i think
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Old Apr 20, 2006 | 06:40 PM
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Ł7k which i guess at aged 30 aint too bad. all manageable even tho not currently working at minute which pisses me right off
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Old Apr 20, 2006 | 06:40 PM
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Yeah, if they've been to uni thats not really alot to be fair......
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Old Apr 20, 2006 | 06:42 PM
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24 payed for my cossie out right but fooked my self up a few years back i o 2400 now
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Old Apr 20, 2006 | 07:01 PM
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I have an overdraft of 700 quid.

Nowt else, dont even have a credit card.

J
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Old Apr 20, 2006 | 07:01 PM
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As of today Ł3,347.82p

That is what is left of a Ł12,500 loan to pay for my wedding and a car for my wife.

Steve.
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Old Apr 20, 2006 | 07:02 PM
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Not a penny
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Old Apr 20, 2006 | 07:02 PM
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Originally Posted by Shings
dont even have a credit card.J
Same here

Steve.
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Old Apr 20, 2006 | 07:03 PM
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I remember back in my Mobile phone sales days, a girl who had been 18 for around 8 months and was credit black-listed. She owed over Ł30k.
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Old Apr 20, 2006 | 07:03 PM
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I've got a mortgage and a grand on a credit card I think. Don't have any other loans anymore which is nice
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Old Apr 20, 2006 | 07:06 PM
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bout 200quid an im 20 my cousin doesnt drive an lives with her parents an owes 12k dunno how she does it, my old work mate had about 14k of debt an he didnt care said he was going to declare himself bankrupt, which is wiped in 3years.

MB.
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Old Apr 20, 2006 | 07:12 PM
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about 8.5k and i'm 23

all manageable with a good disposeable income after paying everything too
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Old Apr 20, 2006 | 07:16 PM
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I'm 24 and owe Ł8.5k, bloke in work is 27 and owes Ł35k
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Old Apr 20, 2006 | 07:16 PM
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Ł0

Going to Uni in Sept though...so somebody guess a number above Ł20k
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Old Apr 20, 2006 | 07:16 PM
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nowt which is nice












o no my bad, i owe 27 quid on misses catalogue
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Old Apr 20, 2006 | 07:19 PM
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Originally Posted by steviep
I'm 24 and owe Ł8.5k, bloke in work is 27 and owes Ł35k
I work in finance mate, Ł35k on plastic and loans is nothing compared to some - and alot more people than you may think !!!!
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Old Apr 20, 2006 | 07:19 PM
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Zero , zilch, fuck all, nowt...
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Old Apr 20, 2006 | 07:27 PM
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i owe 18k @ 21

Although i have a fair bit to show for it , its not like its just been spent with nothing to show for it.

Although im now in a much better paying job and am saving over 1k a month on average now, after loan repayment + rent + bill's etc etc

And like Graceland said above, its manageable debt, and i have plently of spare money should i need it, and a nice balance in my savings account, planning to put that towards a house deposit in the next few years
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Old Apr 20, 2006 | 07:30 PM
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a 6G bank loan, cossie conversions,wifes,kids and home improvements dont come cheap you know,i dont think thats bad at 35 with a good building trade income.
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Old Apr 20, 2006 | 07:31 PM
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I know a couple who have 2 kids and theyre 23 and 24 years old.

They're 30k in debt and don't have a mortgage
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Old Apr 20, 2006 | 07:33 PM
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1k..... all in...........But I'm getting old....
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Old Apr 20, 2006 | 07:35 PM
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ZERO NIL ZILCH NADDA

Not a fooking thing.
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Old Apr 20, 2006 | 07:38 PM
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i'm 31 bought cossie have and have a morgage and don't owe a penny
it has took me a while to get like this , but it is better than big bank loans .
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Old Apr 20, 2006 | 07:41 PM
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Will have about 16k of debt when I finish uni.....that's life I suppose!
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Old Apr 20, 2006 | 07:56 PM
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PhilM
fukin students!
lol i should have been one
!
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Old Apr 20, 2006 | 08:05 PM
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21 yrs old.. all in all owe about Ł1500- Ł2000
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Old Apr 20, 2006 | 08:09 PM
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I owe the slate 25 quid otherwise none, dont and wont do credit cards, loans or overdrafts, learnt the lesson the hard way
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Old Apr 20, 2006 | 08:13 PM
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20k and have absolutly nothing to show for it.
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Old Apr 20, 2006 | 08:18 PM
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im 27

3 c/cards total about Ł12.500
overdraft Ł800
Loan for 15 grand which i used to clear debts a few years back but got abit ripped off I think as after payment protection was added and interest the total loan amount is Ł27.000
plus i.m sure over years where my mum has bailed me out and said dont worry about paying me back must owe her over 8 grand

have nothing to show for debt just always skint

and live at home so cant even afford a morgage
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Old Apr 20, 2006 | 08:18 PM
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SimonT
what you do piss it up a wall?
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Old Apr 20, 2006 | 08:21 PM
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suppose starting my project flea pit will take a mountain of cash but i can't borrow so slow progress
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Old Apr 20, 2006 | 08:23 PM
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bout 7 k at the mo , 3 of wich i owe my old man ,

1.5 k on the loan i bought my rst with ,2 credit card , 400 4n bill . rest on over draft

am i worried > a little ,

but like me mate says

" they cant have what u aint got !!!! "

which is why my s2 is going into hiding lol


fook it ill deal with it when i come bk from usa
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Old Apr 20, 2006 | 08:29 PM
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about Ł200 on a credit card
but thats only because i pay my braodband through it, if not that i would be free from bedt

other than the mortgage
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Old Apr 20, 2006 | 08:33 PM
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I owe nothing!! People owe me money!!!
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Old Apr 20, 2006 | 08:34 PM
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Originally Posted by white cab
SimonT
what you do piss it up a wall?
pretty much mate! was a stupid stupid kid.

blagged credit cards at 17.

was in 9k debt on my 18th birthday
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Old Apr 20, 2006 | 08:38 PM
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9k - all i have to show for it my rs, hopefully i'll owe about 5k in 2yrs, move closer to home so i dont need car, sell rs for 5k if its still a minter then sorted..........but in reality, i'll always spend alot on cars, so will always be in debt.....especially on my shite salary
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