1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

How much debt are you in and what for?

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

  1. NarChaDBaueR


    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


    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


    Joined: Oct 9, 2009

    Posts: 8,607

    Location: Stoke-On-Trent

    Mortgages and student loan.
  4. insane200


    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


    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


    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


    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


    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


    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


    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


    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


    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


    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