M Brian

if i sold everything i own paid of my mortgage etc... id have 48k to keep with me on the park bench!!

Rhys

I owe about 4k at them moment on Student loans And that set to go up a lot next year

Oh and the peeps who made money in there house be careful as i reckon thats set to drop a bit soon

HYBRiD_T

I owe 20k on loans and credit cards..... I blame the cossie!!! But shes worth it!

tonyk

My brother just bought a house in the south of france, €120000 it cost, 6 bedrooms, swimming pool and think it had about 12 hectares of land(maybe wrong on land size) It needs a bit of work doing to it, but he has his own building contracting firm. He is also gotten himself a lhd ferrari 360 and is retiring out there, at 43 yrs old

pee vee

i owe £230 on my credit card wich i hope neer to use
again!!
and sadly, i dont have a mortguage .. yet.!!

tonyk

Rudey, the exchange rate for USA at the minute is. $1.85 to the pound. When i was there in Spetember(california) they had thiese houses for sale in Palm Springs for $450000, you wanna see the bastards. You could have started your own firms taking tours round it lol.. Best part was $1600 repayment on mortgage and interest.

R4N SS

iTrader: (6)

i owe fookin TOOO much.

Gra

my mortage is for 164, which is what my house is worth, or was when i got the motgage, and i have got about £700 on my card, other than that i do owe nuttin, i dont even like owning a Credit card and should really just pay the fooker off one month but i never get round to it, the only car loan i had was for the cossie and when i broke it, i cleared the loan, usually i prefer to pay cash for stuff,

Ginge !

i owe brom 30 quid , dont got any loans as i aint got any money


i pay shit load out on bills so im always skint anyway

Rs Baz

i owe fook all never had a loan or hammerd my credit card

im single and saving load's im going to be rich

then again i dont think so

MadMac

3k to the bank and credit card

£50 to porkie

but I am going to clear all my debts and be sorted, never gonna owe anyone another penny for as long as I live....


they can owe me

the strut brace

£83000 on a £170000 house and 22k in loans, jesus, when ya say it lkke that its scary

Greg Shepherd

live at home.

£6200 one c/card
£2000 c/card
£19000 loan inc payment protection
£350 overdraft

PhilM

Being a Uni student debt is inevitable really

£4kish I believe to the Govt (Student Loan)
£1kish Credit Cards...



Will be more like £15-20k of debt by the time I graduate (if i do...lol ).

Rs Baz

how the hell do you lot do it if you owe that much what do you
earn a week to pay for all these

Ginge !

greg you dont even drive


i dread to think what ya spent that on mate, hope it snowed for a few months though

RSCossieGaz

iTrader: (6)

i owe fortunes but looking at some peeps replies here at least im not on ma own

Dan B

£800 on a loan (for the car - finishes paying off in Mar/Apr 2005, thankfully)
£1k on student loan
£2.5k on one c/card
£1.5k on another c/card
£500 overdraft

I'm getting there!

cossiemen

I owe fuck all

everything is paid (2 cars, house, etc.) in cash

hate fookin creditcards

CasperR

Im in the army so I live there, hence I dont pay much rent.

£1500 to my mum but the was in a good mood and said I didn't have to pay it. sweet D
£250 to 1 of my dads friends

tracktoy

dont want to think about it, but more than most

turbo matt

bout 14k if in added it all up

rs shawn

Just the mortgage..under £40k now..but only had the house for under 3yrs so far. Neighbours sold theirs last yr for double what we bought ours for!! Don't know wot it's worth. Agree with ballin..don't buy it unless you can afford it..altho if I wasn't AS sensible, I'd have got a cossie by now on a loan. Lol. Keeping 2 RS's and a commuting car is enough.until 1 goes...

Ginge !

think its safe to say most people are learning from there credit mistakes and trying to sort em out now



i fooking hate credit firms as all they wanna do is screw ya over

nickyboy

got a £81k mortgage of which £5k is paid
£12k 2nd mortgage to do up the place
£2k on credit card
£3k loan

Flat is currently worth around £140k

M K

iTrader: (9)

fooking enough

The Sludge

£67k mortgage on a property thats worth £98k

£4k loan and £1500 on credit cards.

markk

iTrader: (2)

its all about equity really , and its not the credit companies fault that you cant control your finances, they dont send the money to your house , you actually have to request it wether it be by loan or by card,
i feel sorry for the people who owe shit loads , i mean like in the 10k bracket and upwards and have negative equity, i.e the goods you own are not to the value of what you owe,
the people who are in the property market are in the best position really, but i must admit , i was just lucky really, didnt know feck all about the house markets etc , just bought a couple of propertys over a few years , so now not out of my depth, the way i like to see it is, if your owing will be covered by your equity and some in reseerve then your not doing to bad !! just dont keep spending!!! we have equity of over 100k so to me thats just fine !!

rabmc

Bout 4k on ma loan , and 3 k on ma credit card(intrest free of course) my cars worth bout£3500 , so im a bout£3000 grand light but have a bit saved up for a rainy day

1.9 xr2 on 40's

i owe the credit card bout 80 quid

i hate owing anything so i pay the bill so as its in in full



hope u visit ox b4 u move there mate
diff areas are very different

Toe Knee

iTrader: (2)

A fair old bit

Managed 2 clock about 13k on cards from being off work and stupidly getting a cossie but my parents took out a loan 2 cover it all so i owe them the money now!!!

Anoying but hopefully will break even soon, gotta sell my 306 still which i should get 4500 odd for, and im still wating for a payout from my car accident 2yrs 7months ago pushing for at least 1yrs loss of earnings and recently had and offer for 7500 which i told em 2 shove so getting there slowly

SS1

iTrader: (3)

intresting posts i never use cards apart from
paying phone bills direct payment never been
in debt apart from when on yts years ago,,hated it
no money to go the pub ..would love to buy a house
but madness at the moment + prices dropping now..had 5k in
shares b4 9,11..only lost 500 got out quick..
was lucky..renting best 4 now..
got a ok job now dont like it but theres nothing worse
than being on the dole..dragged me down..been there
now earn more than my school teachers WHO called me
lazy class clown

rs_daz

Not got any cards, learnt that after seein a mate go big style in dept cuz of them.

got about 4k on loan all for a rs2000 .

AlexF

thank fuck I'm not alone...

I blame me! pmsl

Alex

Farmer Giles

£82k mortgage on a house worth about £200k. £1500 loan due to finish in 9 months. After that mortgage only, no credit cards, nothing.

Martyn

markcoznottz

Lets face it most ppl are in debt nowadays its jus normal. We have become obsessed with house prices in this country fuk me its only somewere to live!. When most of us retire (dont wanna upset anyone but it mite be when wer 70 or 75!!), and have payed our houses off, if were still alive we'll have good equity but may very well be short of cash.Thats if youve got any money left at all if uv put ur kid/kids through university.Oh and dont forget there may be no state pension at all depending on again how much equity or savings ull have.If you become infirm and need to go in a home then youre house will be sold to pay for this. Also even if you do leave your house to ur kids then theres the inheritance tax to think of.

Some of the older generation seem quite well off, but fuck me arent they boring?!! I would rather have a good time now than have a massive mortgage and kids and have no social life. Life is for living NOW! the whole save for a pension and enjoy your life when your retired menatality of the previous generation doesnt count for s**t now, there will be nothing for most of us to live on when (if?) we retire, so lets just enjoy life while we can eh?.

Sorry folks rant over.

GAZ W

50K Mortgage ,house worth 130k , and thats it dont owe any facker owt