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How much debt are you in and what for?

Discussion in 'General Discussion' started by Ace Modder, Feb 11, 2016.

  1. NarChaDBaueR

    Hitman

    Joined: May 22, 2006

    Posts: 696

    £4,298.26 loan which will be paid off by September/October. Also 23k in student loans!
     
  2. The_Abyss

    Capodecina

    Joined: May 15, 2007

    Posts: 12,131

    Location: Ipswich / Bodham

    None outside the mortgages. Credit card balance is around £1,500 but that's just normal monthly spending and gets cleared every month.
     
  3. shadow_boxer

    Sgarrista

    Joined: Oct 9, 2009

    Posts: 8,607

    Location: Stoke-On-Trent

    Mortgages and student loan.
     
  4. insane200

    Soldato

    Joined: Aug 10, 2006

    Posts: 6,765

    None on the CC as it's only used for car rental on holiday.

    No mortgage as we rent :/

    about 1k on intrest free for Sofa's and my camera.

    About 4k for our car loan.
     
  5. OracIe

    Wise Guy

    Joined: Jun 10, 2013

    Posts: 1,135

    About 178k all in.
     
  6. marshalex

    Associate

    Joined: Aug 27, 2015

    Posts: 77

    Mortgage (~£90k), student loan (god knows how much that is, seems to go on forever), few hundred quid on credit card which is mostly work expenses and car loan (~£8K).
    Might have a bit more on the credit card if go ahead with new PC this month.
     
  7. GinG

    Soldato

    Joined: Jul 22, 2006

    Posts: 7,133

    Between me and the wife:

    ~£200k mortgage
    ~£2k on CC (and always decreasing)
    ~£15k left on loans for 2 cars

    All debt is fairly manageable. Wife is currently only working 22 hours per week with us having a 2 year old but still fairly comfortable, be nice once she goes back full time possibly next year!
     
  8. Skidder

    Man of Honour

    Joined: Nov 28, 2007

    Posts: 11,926

    :D

    I like my mortgages like I like my pr0n sub-forum, absolutely obscene.
     
  9. Skidder

    Man of Honour

    Joined: Nov 28, 2007

    Posts: 11,926

    It is if you can stomach it.

    I'm originally welsh and could go home and buy a pile but hard to do what I do from there.
     
  10. The Geezer

    Wise Guy

    Joined: Aug 13, 2010

    Posts: 2,330

    10 years on the mortgage although I'm over paying so 8 years really
    No loans or credit cards
     
  11. anything I don't mind

    PermaBanned

    Joined: Dec 28, 2009

    Posts: 13,054

    Location: london

    I almost out of debt. End of this month and i'm free.
     
  12. mid_gen

    Sgarrista

    Joined: Dec 20, 2004

    Posts: 8,825

    None. Well a student loan technically but I have far more in assets.
     
  13. Dempsey22

    Wise Guy

    Joined: Nov 5, 2013

    Posts: 1,037

    Location: Ireland

    No debt here either.
     
  14. mrbell1984

    Capodecina

    Joined: Aug 9, 2008

    Posts: 22,628

    Only my mortgage. Nothing else.

    I'm not sure if you can class student loans or mortgages as 'debt' though.
     
  15. malachi

    Sgarrista

    Joined: Jun 27, 2006

    Posts: 9,611

    Location: Earth

    Depends, if you are tired to a contract then yes but things like my car insurance I do the one off payment not monthly.
     
  16. Alex_6n2

    Mobster

    Joined: Jan 24, 2007

    Posts: 2,679

    Location: Bristol

    Wow, great website! Thanks
     
  17. Housey

    Man of Honour

    Joined: Feb 21, 2006

    Posts: 26,554

    I know exactly what my debt exposure is, where my money goes and what my net worth is. You should all take responsibility for your finances and have plans. I used to just let money go in and take money out, but as you age you appreciate plans are important.
     
  18. Housey

    Man of Honour

    Joined: Feb 21, 2006

    Posts: 26,554

    It's really good and there are features and functions being added all the time.
     
  19. Casdawer

    Mobster

    Joined: May 14, 2009

    Posts: 3,713

    Location: West Sussex

    Loan 1 - £3500(ish)
    Loan 2 - £2000(ish)
    CC - £900
    £400 on a 'Buy Now, Pay Later' scheme for PC parts.
    £1000(ish) on 0% interest for an Engagement Ring

    When I was young, I was extremely retarded with money and it cost me and caused issues with my relationship with my now Fiancée.

    The past 2 years, I've been fighting hard to pay back my debt and this year shall be my final year in debt after almost 9 years of being in debt mostly thanks to my new job.

    Never again.
     
  20. Phoenix211

    Wise Guy

    Joined: Mar 28, 2004

    Posts: 1,933

    about 375k everything in