Paid Members Dead Mike Posted February 7, 2012 Paid Members Share Posted February 7, 2012 http://www.crewechronicle.co.uk/crewe-news...96135-30237458/ Â Just reading this article claiming that clients of the CCCS (Credit Consumer Counselling Service) in my hometown of Crewe had an average, unsecured personal debt of Link to comment Share on other sites More sharing options...
Paid Members ReturnOfTheMack Posted February 7, 2012 Paid Members Share Posted February 7, 2012 I have about 6 grand of debt, and I'm slowly paying it off. But its not easy as Im on benefits. Link to comment Share on other sites More sharing options...
Paid Members lambyUK Posted February 7, 2012 Paid Members Share Posted February 7, 2012 All I've got outstanding is a few hundred quid on my credit which were essential things that were required. My car is fully paid off and aside from the credit card I'm like you and save for everything. If I can't afford it, I won't buy it. Unfortunately I know people thousands upon thousands of pounds in debt or overdrawn. Â It's quite strange that one of my friends who is driving about in a brand new VW Scirocco (25k) has so much debt. Saw his bank account on a night out and he was 3k overdrawn. Link to comment Share on other sites More sharing options...
Moderators neil Posted February 7, 2012 Moderators Share Posted February 7, 2012 Only debt I have is a student loan. Which to be honest I could pay off in full right now if I closed out some investments I have. So no, not really. Â The mindset of going into debt to maintain a lifestyle is one of the great "first world" problems. Link to comment Share on other sites More sharing options...
Moderators Chest Rockwell Posted February 7, 2012 Moderators Share Posted February 7, 2012 I think the list of regular outgoings that I have that I couldn't do without is pretty short - Â Â Rent, bills and payments on my car. Â I have student loan debt, but wouldn't be paying that if I had no income, so I don't count that. Â I have the same mentality as far as if I want something exepnsive then I save for it*. That said, I'm not great with my money - I should really be banking more savings than I am; I have a decent job, and I don't have a lot of things I need to spend money on. Â Â * I could afford to pay off all of my car and loan payments if I really needed to. Link to comment Share on other sites More sharing options...
Paid Members Bus Surfer Posted February 7, 2012 Paid Members Share Posted February 7, 2012 I'm totally debt free at the minute. I've only ever had car loans in the past, no mortgage either and all my direct debits are paid on time. I've been thinking of applying for a mortgage shortly, but recently I've been turned down on a few credit card applications (I've never used a credit card before.) Â Just wondering why this may be? If someone who shares the same address as me with the same initials as I have, has a bad credit rating, would that impact on me? I guess I should send for a copy of my report. Link to comment Share on other sites More sharing options...
patiirc Posted February 7, 2012 Share Posted February 7, 2012 Including my Student Loan Debt, around 15k  Excluding my Student Loan Debt, around 2k  Considering I've had next to fuck all income for the past 5 years and still managed to pay off store cards and what not and lower my credit card balance then that's pretty good, I have fuck all in the way of savings, again, now though.  EDIT: Im not including mortgage payments in this. I have no outstanding loans other than the Student Loans, and the car has been paid off for a number of years. Link to comment Share on other sites More sharing options...
Moderators Chest Rockwell Posted February 7, 2012 Moderators Share Posted February 7, 2012 Might be an issue of where you are registered on the electoral roll. I got rejected a couple times when trying to take out a new phone contract and it turned out it was just because I was still down on the electoral roll back at my parents' house. Link to comment Share on other sites More sharing options...
Paid Members Halitosis Romantic Posted February 7, 2012 Paid Members Share Posted February 7, 2012 Student loan debt - about Link to comment Share on other sites More sharing options...
WU LYF 4 LYF Posted February 7, 2012 Share Posted February 7, 2012 I suppose I'm at least 15k in debt to the Student Loans company but I don't really count that, it's more of a graduate tax to be paid once I enter the world of gainful employment. Â Otherwise, I'm five hundred bar into the overdraft. No biggie really, if I flogged some shares/gold that I've got as investments I can pay it off no worries. Â If I decide to do a masters or GDL or whatever, then I guess I'll have to get in debt unless the fam slips me the cash. Link to comment Share on other sites More sharing options...
Paid Members Burchill's Buddy Posted February 7, 2012 Paid Members Share Posted February 7, 2012 No debt at all, I rent a place so no mortgage, I don't drive and I worked while at university instead of taking out a student loan. Still desperately saving for a deposit for a place though so hopefully soon I'll have me some lovely lovely debt. Link to comment Share on other sites More sharing options...
Paid Members lambyUK Posted February 7, 2012 Paid Members Share Posted February 7, 2012 I'm totally debt free at the minute. I've only ever had car loans in the past, no mortgage either and all my direct debits are paid on time. I've been thinking of applying for a mortgage shortly, but recently I've been turned down on a few credit card applications (I've never used a credit card before.)Â Just wondering why this may be? If someone who shares the same address as me with the same initials as I have, has a bad credit rating, would that impact on me? I guess I should send for a copy of my report. Â As mentioned above, it's most likely the electoral roll. I remember how humiliating it was walking into the carphone warehouse and getting rejected for mobile phone. I went onto creditexpert and found out my credit rating was at 'medium'. I had no debts, plenty of savings, and pay everything on time,so couldn't understand it. Â After research it happened as I recently moved house and the electoral roll is only updated twice a year. If you are not down as living at the address you are applying with, your credit rating automatically drops. The annoying fucking thing is, you can't just add yourself to your address at any time and you just have to sit and wait till they post out the electoral roll registration. Link to comment Share on other sites More sharing options...
Ricc1PW Posted February 7, 2012 Share Posted February 7, 2012 about 3k at the moment. Â 2.5 ish on a credit card, and the rest is my overdraft. Â I will be renting a property in the near future and will probably borrow some money for the bond/rent up front, so that'd add a bit more on. Link to comment Share on other sites More sharing options...
Rule One Posted February 7, 2012 Share Posted February 7, 2012 I supposedly owe 3 Mobile about Link to comment Share on other sites More sharing options...
Paid Members Halitosis Romantic Posted February 7, 2012 Paid Members Share Posted February 7, 2012 Fucking 3 mobile, I hate those bastards - I called monthly to cancel my contract, giving them advance warning that after the 24 month period, I wasn't renewing. They renewed, and are now threatening to turn up at my apartment to take shit. Good luck... I don't live there now. But several large Lithuanians do. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.