richc
Member
Registered: 24th Mar 07
Location: Ilkeston
User status: Offline
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quote:
Originally posted by Half Pint
it's the best feeling ever, although it pisses me off the amount of people i know who run up stuipd debt and then decided to go bankrupt....
[Edited on 17-03-2009 by Half Pint]
Hence why the country is a complete fuk up atm
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drunkenfool
Member
Registered: 7th Feb 03
Location: Hereford Drives: Audi R8 V8
User status: Offline
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After 3 years of living in my student overdraft of £1750 (and going over it a coupla times) ive finally managed to pay that all off, so now all I owe is student loan. 
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All Torque
Member
Registered: 17th Nov 05
Location: Milton Keynes Drives: Ford Focus TDCi
User status: Offline
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quote:
Originally posted by Jakey
£0
Never borrowed money or had a loan. Everything i've got i've bought with my own money, if i haven't got the money i won't buy it.
Same here. Although I've yet to move out etc...
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mwg
Member
Registered: 19th Feb 04
Location: South Lakes
User status: Offline
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If car finance counts probably 15k. If not then 1k.
The 1k debt I have is stuff I've bought on 12 months interest free credit, have enough to pay it off in one go but seems daft to pass up on 12 months free credit!
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rustyarchs
Member
Registered: 29th Aug 04
Location: scotland
User status: Offline
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i stopped working in november and live alone so pretty sure im about 4 and a half grand in debt cos my credit cards and bank account have been supporting me, not really worried tho iv had fun 
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Ash_EP3
Member
Registered: 15th May 07
Location: Melksham, Wiltshire
User status: Offline
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I'm in about £9.5k on debt but thats all tuition fee's and loans for uni nothing else
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Carl
Member
Registered: 9th May 04
Location: Jimmy Bennett's la la land.
User status: Offline
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I'm 2.5k in debt, all interest free, combo fo balance transfers, 0% credit and owing parents a couple of hundred. Half of it is student over draft and other half is spending 4 months in Ibiza doing no work apart from deciding what nights to go to. Don't regret it one bit. although it takes ages to pay off and i'm proper ready for a new car now so no doubt when it is paid off i'll be bumping it back up as much as i'd rather not, I also want a bit of life whilst in the prime years.
I have a student loan too but just see that as another tax out of the wage.
[Edited on 17-03-2009 by Carl]
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Joe
Member
Registered: 20th Jun 04
Location: Hesketh Bank, Lancashire
User status: Offline
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None, because I'm a hero.
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Ellis
Member
Registered: 11th Sep 07
Location: Aberdeenshire
User status: Offline
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£0
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p4uls corsa
Member
Registered: 2nd May 05
Location: BRADFORD
User status: Offline
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Im about 30k in debt.
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Tiesto
Member
Registered: 6th Jun 02
Location: Hinckley, Leicestershire
User status: Offline
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10k Left on loan, which paid for the car.
1k on CC.
2k savings. Dont want to use savings to pay CC off just yet as have 0% on that until next year, nice to have the savings to fall back on. Only put insurance on the CC when i dont have the savings!.
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jr
Member
Registered: 20th May 02
Location: Kent
User status: Offline
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about 3k with a loan for the car, thats it
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Liam
Member
Registered: 19th Jan 06
Location: Stafford
User status: Offline
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I owe my mum £700 from when I bought my car, but that was £1200, got until the end of the year to pay it yet.
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taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
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i got a loan for 12000 to buy the car pay off cards previous finance etc, pay 270 a month ish over 5 years, but i live at home and can easily afford it so why not tbh. i have no other debt and have now started saving
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c20let
Member
Registered: 25th Jun 05
Location: Aberdeenshire Drives: VXR Astravan,Evo 9GT,mr2 tbo
User status: Offline
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got my mortgage
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Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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surprised not many people have said large amounts for student loan? guess they either lived at home or didn't go.
I got a scary amount, about £15,495... in student loan.
Basically took 3k for 3 years and 2k for 1 year and the rest is interest that's grown on top basically 
each year at the mo I'm gaining nearly £800 on top. well i was, can't wait for the interest to go right down.
I plan on paying off the minimum for a while now i'm working, then once i have a few luxuries (like new car) start paying more of it off.
Thing is, if you went to uni and lived at uni (not at home for free), then you got like 1.5k for fees, 3.6k for accomidation and then about 3k for 'living' ... then plus other things 'cars / fuel / mods / hobbies'.
Oh well, i'm quite happy though. I don't regret anything, had a fantastic time at uni, really enjoyed travelling and now have a job (I wouldn't of got without my uni degree) - so  worthwhile debt.
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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I am a student, but wouldnt personally count student loans as debt? Anything student related is £18k ( ) but it will never get paid off hopefully, and if it does at the rate of £3 a week or summat silly.
I havent used my student overdraft, infact Im £500 in credit, pay day next week but I will be putting money towards a bike in the coming days no doubt, and motorcycle clothing, and insurance and all that shit so bank will take a big hit, will have to get some sundays in to pay for it all
Other than that, no other debts to pay for, apart from £75 on my credit card, think that was the fortnight Tesco shop though 
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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Paul that was almost an essay 
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Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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If only essay's paid the debts off ... I'd be debt free
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RCS
Member
Registered: 26th Jan 05
Location: Lichfield/Dundee
User status: Offline
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Got £14k student loan to pay off and £1600 overdraft which i live in.
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LukeD
Member
Registered: 23rd Jan 07
Location: Shropshire
User status: Offline
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Just the Student fee norm which aint really debt to be fair. and a couple of quid on a crappy store card.
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James_DT
Member
Registered: 9th Apr 04
Location: Cambridgeshire
User status: Offline
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About £3k, not including my student loan.
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l15ter
Member
Registered: 1st Feb 08
Location: Berkshire
User status: Offline
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£0
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tom_simes
Show Staff
Organiser: South Wales
Premium Member
Registered: 12th Jan 05
Location: Undy, Newport Drives: Skoda Octavia vRS estate
User status: Offline
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My student loan is approximately £18k, as I am just about to finish a four year course.
I also currently owe around £200 on my credit card, which I will pay next time my bill comes in.
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tom_simes
Show Staff
Organiser: South Wales
Premium Member
Registered: 12th Jan 05
Location: Undy, Newport Drives: Skoda Octavia vRS estate
User status: Offline
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quote:
Originally posted by dannymccann
if it does at the rate of £3 a week or summat silly.
Danny, it seems you were one of the ones who, like me, didn't properly look into a student loan when you took one out.
When we chose one around 3 or 4 years ago, the interest rate was approximately 1% IIRC. However, as of last year it was more like 4.5%, although this has currently dropped again due to the BoE base rate cut.
Unfortunately, it won't be anything like £3 a week - I have two mates who graduated last year and are currently earning circa £23k - they are each paying around £100 a month in student loan repayments.
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