£8500 in debt last time I checked. Was 20K in debt a few years back. Glad I have gone through it to be honest.

 

Nothing. But after my rst is restored I'm looking at possibly 3-4k

 

only got about £450 on a credit card ,thats it

cossie and me van are bought and paid for

will be getting a mortgage shortly hopefully


I also learned the hard way with loans and a couple of credit cards at same time , so just got the head down and grafted all the hours that i could get to clear me debts

 

i got about 8k on credit cards and 5k in loans left. Had a hell of a lot more a few years back but was earning good coin then and managed to get most of it paid off without a problem!!

Chris

 

About £500 left of my student loan to pay off, my car is now fully owned by me (as of February last year, bank-loan finished paying off for that), and owe about £2,000 on a credit card (0% offer until mid-2007).

Trouble is, as soon as the credit card is paid off, I'm looking at getting myself about £100,000 in debt on a house!

 

I think i owe about maybe two grand now and thats for the 306 which was written off 4 years ago, that finishes in september though.

Apart from that nothing except a couple of quid on the overdraft because i dont get paid till end of the month

 

I don't know about anyone else but going through large debt has in someways been a great lesson for me. Struggling to pay it off has really made me look at how much stuff is worth, budget my finances and save for things.

 

Got a full student loan which I start paying back this month but as said its only about £50 per month for me so hardly a big dent.

Apart from that i have £500 on a credit car, £500 in and overdraft both from the student days oh and i owe £1500 on the car still. but Im paying arounf £200 off it all every month and im due a pay rise at some point so ill soon pay it off. Only thing is if I didnt have the car id have it paid off by now as it costs me over £300 a month to pay the tax and in buying bits for it i.e. £200 for my bumper repair this month

 

probably about 10k... but its only money

im 21 btw

 

still beats becoming the elephant man of drug trials, you know how lucky you are

 

I know of somebody who is nearly 60k in debt He's only 25 as well! He does have a mortgage but this debt doesnt include that. He's had to sell up and move back home to pay some of it off!!

 

blimey, are his lodgers lord lucan and shergar (sp)

 

im in around 12k of debt thats one loans to pay off credit cards and 4 credit cards which i run back up

 

I'm 24, have 24k of debt

Got a 5k loan from the bank when I was 18, to pay of my Egg card, then proceeded to run the Egg card back up again, and another couple of cards, got an 18k loan to pay all that off, then more credit cards, totalling to 24k

I also learnt the hard way, I have a decent car, I rent a nice place with the Mrs, and I'm skint, but I'm ploughing through it, and it has taught me to be so much more careful with money, and I vow never to return to the pits of debt again......






Until I get a mortgage.

 

31 no debt except morgage dont do credit cards.
nothing saved though all my money is invested in my car's

 

Im 27 and have never been in debt yet

 

A mate of a mate owed £4k on credit cards so he decided to smuggle drugs to pay for it...... smuggle them into the prison he works at!!!

He recently got convicted and is doing two years on the wrong side of the bars in Belmarsh!!!!!

 

what prison was it? belmarsh?
as a prison officer called mr allen got done for that in hmp bullingdon not long ago.

 

I'm 26, spent last 5 years undoing the mistakes I made when I was 18/19/20.
Owe about 8K just now, will be down to 4K end of this month (saved up)
And will be down to fcuk all by the end of the year.

And I won't be back!

 

Na think it was HMP swaleside???

 

10k loan unfortunatley....but its a low apr
makes it sound a bit better

dont suppose its too bad aged 33 though

 

I've never been in debt but had to live hand to mouth for a few years struggling like fuck when i was homeless at 17 i'm 34 now and people owe me money which i'd rather have than the other way round.All my motors are paid for and i always have money for a rainy day Which just goes to proove you don't have to go into debt in the first place if your disciplined enough......................

 

owed 21k on bank loan, 13k credit card, bit the bullet went bankrupt now owe fuck all, although credit fucked for another 4 months

 

£180 on my credit card, hardly anything really.

 

£1500 on my credit card from the brakes and aquamist i've just ordered

And about £3000 on my car loan...

I'm 20, never once signed on, never once been in trouble with the bank, good credit score and i sleep soundly at night.

Oh - and i have a lot to show for my debt

 

you own a f1 car,,,,,,,,,, fair play

 

Had a couple of different loans for between 2000pounds and 15000pounds. All paid off now. Had a large credit card bill from living it up a little too much while on holiday last year but that has since gone.

Great feeling once its all gone.

 

currently around 5.5k all on interest free.... with double, nearly 3 times that in savings ready to pay it off if ever I can't get more interest free!

stooozin baby

although I do keep adding to the negative quicker than im adding to the positive so somethings going wrong somewhere

 

How do you declare Bankrupcy, what actually happens?????

 

Surprisingly lots

Do have fun with my money though, just gotta calm down one day....

Not yet though..........

 

hopfully in two years I will be actually be debt free!

Then Im gonna jack my job in and go travelling I think. I shouldve done it when I was younger but we live and learn eh.

 

5k from when i dropped out of uni, 3k loan and 1k on my overdraft.

9k at 21 years old. I'd not thought about it before, fuck, thats a fair bit.

 

hmmm....im still paying off my cossie which i havent even seen for 2 years! still have a 9k loan, about 5k from a 10k loan,a 1500 quid credit card and a 2500 overdraft however,i have just payed off a 10k loan to me parents (they helped me out,didnt give me any breaks,i payed 200 a month for a LOOOONG time!)so im now finally paying out less than i have left to spend on me at the beginning of every month,i will NEVER take out another loan in my life!

 

That's impressive.

Does my head in when people get bailed out by their parents because they usually don't learn their lesson. But making you pay it back that's really impressive of them.

 

Almost 25K, 15k of it went into renovating a house, but should make enough profit when the house is sold to clear the 15k, so not really that bad. The remainder is uni/car stuff. All at almost 26

 

At its peak it was about £35K!!!

That did worry me a lot!!!

However thanks to my income going up a fair bit recently and the missus going back to work its down to about £6K on plastic which I should have paid off soon!

But that's it though! No more debt EVER!!!

If I want something now it gets paid for cash! No more loans or credit!

 

same as

few bob in the bank but intrest rates are so shonky

just got a visa bill through the door for £580 but it gets paid straight away

just hate being in debt to anyone ...

was on a shit wage when i left school and learned the lesson the hard way

never borrow never lend never win or lose a freind

 

owe 3.5k on c/cards
owe 2k on loan
and paying for my new gti-180 on tick only 2yrs to go!!

c/cards to be cleared this year and i got 18months left on my loan. Im 23 and have plenty of disposable income. Don't have a mortgage yet but i am renting at the mo.

but debt is an easy trap!!! be carefull peeps!!

 

i THINK i owe about 16-18k but ive never had the bottle to add it all up

i pay back about 1k a month on it all, but its all over the place so it gets paid off very slowly i need to get in a position where i can get one big loan to cover all the little ones, and then i recon i could have it all paid off in a year.

i racked all that up back when i was earning <13k a year. i'm now much better off and can afford it easily