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Author Loans- How much do you owe?
Mather.16v
Member

Registered: 1st Nov 04
Location: Stockport
User status: Offline
4th Nov 05 at 15:47   View User's Profile U2U Member Reply With Quote

i owe about 2k, that was to buy my first car

about to take one out a loan for 1.5k

BUT will all be clear when compo comes threw
chr15barn3s
Member

Registered: 5th Oct 03
Location: Farnborough
User status: Offline
4th Nov 05 at 18:39   View User's Profile U2U Member Reply With Quote

I owe just under 2k for my car
Gez G
Member

Registered: 12th May 04
Location: Glasgow
User status: Offline
4th Nov 05 at 19:01   View User's Profile U2U Member Reply With Quote

about 1500 on my astra, could pay it off now if i could be bothered though.
M2RTY
Member

Registered: 25th May 01
User status: Offline
4th Nov 05 at 21:03   View User's Profile U2U Member Reply With Quote

i must be the only person who will NOT buy anything unless they have the money to do so, except uni (which is not debt) and a house (again, is not debt)

i would never buy a car, tv, pc etc on finance or with a loan. i have paid off my 1500 over draft and already saved 4k since leaving uni in june, and i still dont think that thats enough money! 10,15,20k in debt with nothing to show would scare the crap out of me
p4uls corsa
Member

Registered: 2nd May 05
Location: BRADFORD
User status: Offline
4th Nov 05 at 21:06   View User's Profile U2U Member Reply With Quote

my debt is £0
nickyboy01
Member

Registered: 10th Sep 03
Location: Oxford-ish
User status: Offline
4th Nov 05 at 21:06   View User's Profile U2U Member Reply With Quote

Just remortgaged my flat to pay mine off, so just a £100k mortgage.
Was about £20k before that

[Edited on 04-11-2005 by nickyboy01]
CraigyG
Member

Registered: 20th Oct 02
Location: Newcastle Upon Tyne
User status: Offline
4th Nov 05 at 21:55   View User's Profile U2U Member Reply With Quote

2K
Gez G
Member

Registered: 12th May 04
Location: Glasgow
User status: Offline
5th Nov 05 at 03:38   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by M2RTY
i must be the only person who will NOT buy anything unless they have the money to do so, except uni (which is not debt) and a house (again, is not debt)

i would never buy a car, tv, pc etc on finance or with a loan. i have paid off my 1500 over draft and already saved 4k since leaving uni in june, and i still dont think that thats enough money! 10,15,20k in debt with nothing to show would scare the crap out of me


When I bought my Astra, I paid £4.5k up front, leaving me £2.5k to finance, I dont like debt, but it only becomes debt when you cannot manage it, otherwise its finance.

Never buy mods on finance, always paid up front,
X 60RSA
Member

Registered: 20th Aug 01
Location: Lincoln
User status: Offline
5th Nov 05 at 14:14   View User's Profile U2U Member Reply With Quote

Bout 3k. be halved just after xmas thank feck!
1_Litre_Porsche_Beater
Member

Registered: 9th Apr 02
Location: Kent
User status: Offline
5th Nov 05 at 17:07   View User's Profile U2U Member Reply With Quote

i owe £7600 on my van, although mortgage will be on the cards in jan-feb
Adam-D
Member

Registered: 11th May 02
Location: Cheshire
User status: Offline
5th Nov 05 at 17:50   View User's Profile U2U Member Reply With Quote

800 now ....
Adam-D
Member

Registered: 11th May 02
Location: Cheshire
User status: Offline
5th Nov 05 at 17:50   View User's Profile U2U Member Reply With Quote

was 4.5-5k begining of year
Sam
Moderator
Premium Member


Registered: 24th Dec 99
Location: West Midlands
User status: Offline
5th Nov 05 at 18:46   View User's Profile U2U Member Reply With Quote

About £21k...
Sam
Moderator
Premium Member


Registered: 24th Dec 99
Location: West Midlands
User status: Offline
5th Nov 05 at 18:48   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Greasemonkey
IN 7 years time when my loan is payed back i will have paid £22'000 plus i have £2500 on credit credit cards. DONT BORROW MONEY IT MAKES YA LIFE HELL, i actually dont earn a bad wadge but due to my debt i never get to see it.
I also have to work 2 jobs, i actually work over 50 hours a week

[Edited on 04-11-2005 by Greasemonkey]


Mine will all be paid off in 2010 then it's England and hello to a new life back home (Sydney)!
Jake
Member

Registered: 24th Jan 05
User status: Offline
5th Nov 05 at 19:02   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Sam
quote:
Originally posted by Greasemonkey
IN 7 years time when my loan is payed back i will have paid £22'000 plus i have £2500 on credit credit cards. DONT BORROW MONEY IT MAKES YA LIFE HELL, i actually dont earn a bad wadge but due to my debt i never get to see it.
I also have to work 2 jobs, i actually work over 50 hours a week

[Edited on 04-11-2005 by Greasemonkey]


Mine will all be paid off in 2010 then it's England and hello to a new life back home (Sydney)!


fuck that. I would live like a tramp just to get it paid off earlier .
Twiggy
Member

Registered: 15th Oct 04
User status: Offline
5th Nov 05 at 19:16   View User's Profile U2U Member Reply With Quote

7k and have a 3.5k saxo abnd one big hangover to show for it

corsa 2.0 are expensive!

Might get a bit more creit then go bankrupt as living with mum and dad and got now to repo apart from car!!!
mav
Member

Registered: 19th Jun 01
Location: Scotland
User status: Offline
5th Nov 05 at 21:07   View User's Profile U2U Member Reply With Quote

your all amateurs(sp)
Nath
Member

Registered: 3rd Apr 02
Location: MK
User status: Offline
5th Nov 05 at 21:08   View User's Profile U2U Member Reply With Quote

Enough but i'm managing just fine. It's only a problem if its out of control imo.
Bennn
Member

Registered: 20th May 01
Location: was newcastle now Sweden
User status: Offline
5th Nov 05 at 22:11   View User's Profile U2U Member Reply With Quote

debt isnt a problem, its the repayments that are a pain in the arse...
When i was a student we musnt have had the same lifetyle you do now as no-one i know has that much uni debt. Spend the money when you earn it dudes
Kif
Member

Registered: 13th Jan 05
Location: Doncaster, South Yorkshire
User status: Offline
6th Nov 05 at 16:14   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by RichACS
about £30k in a loan

£1200 in one credit card
£700 in another credit card.

£32k al together...... only another 7 years to pay it off


Sorry man. . .But WTF!!! What did you buy?
RichACS
Banned

Registered: 20th Jul 05
Location: Leeds, West Yorkshire
User status: Offline
6th Nov 05 at 16:17   View User's Profile U2U Member Reply With Quote

bought a convertible bmw 328i... which i had to pay quite a bit to fix - cos whoever had it before me didn't look after it! then borrowed some more money to buy a bmw 3 series coupe. couldn't sell the convertible - no one was interested.

so basically im fucked for the next 7 years !
Kif
Member

Registered: 13th Jan 05
Location: Doncaster, South Yorkshire
User status: Offline
6th Nov 05 at 16:18   View User's Profile U2U Member Reply With Quote

Thats bad, sorry man. . .
Charlene
Member

Registered: 29th Sep 04
Location: Darlington
User status: Offline
6th Nov 05 at 17:26   View User's Profile U2U Member Reply With Quote

£0 for me
Kif
Member

Registered: 13th Jan 05
Location: Doncaster, South Yorkshire
User status: Offline
6th Nov 05 at 17:30   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Charlene
£0 for me


Chav
-wylo-
Member

Registered: 4th Oct 04
Location: Dunfermline
User status: Offline
7th Nov 05 at 00:25   View User's Profile U2U Member Reply With Quote

I owe nowt. got a £1250 overdraft on student account but not used it yet

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