students what a bunch of spongers go out a get a job.
You were at school once
credit card 1 = 5000
credit card 2 = 1500
credit card 3 = 1000
so, £7,500
the funny thing is i got enough money saved to pay most of it off but I just cant bring myself to do that.
I'm a little wreckless with money.... Hell with it, only live once, right.
Where is your proof of this? Or is it an assumption?
that doesnt mean most people fall into it, yes it's where they make the money, same as they expect x amount of people to default on payments and again make money on it, doesnt mean most people willMy proof is credit card companies would not offer 0% if what I just described did not become the outcome.
Took out a 3.5k loan 2.5 years ago, went into the bank last week to find out how much I've got left to pay....4k.
You can't justify something as proof without facts.My proof is credit card companies would not offer 0% if what I just described did not become the outcome.
Surely manageable debt is debt that you can afford to pay back within the terms set out by the lender.
Yes i have a lot of debt, but neither me or my wife are frivolous spenders, our credit card debts are there because of things that we needed such as a new central heating system to replace an antiquated one and also a full electrical rewire after we discovered ours was unsafe.
I think a lot of people jump up on the moral high horse as soon as they see how much debt some people have and its very easy to shoot us down saying that we lend irresponsibly when that just is not the case.
My wife's and my parents are both very responsible with money and always tried to teach us that its better to have no debt etc, however in the real world i would say that in the majority of cases that just is not possible.
My wife and i try to save, but we also try to give our 2 young children an enjoyable carefree life too which i regard as being more important than any amount of money.
Some people in this thread really do need to take a reality check....not everyone with debt is the devil.![]()
My proof is credit card companies would not offer 0% if what I just described did not become the outcome.