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    How much debt do you have?

    Banned
    Another post just got me thinking...
    Just figured out that I have a ton of debt and im only 21 :-(

    Student loans etc - £8000
    Student Overdraft - £4000 over 2 accounts
    Catalogues - £1000 (spread over 4 though, no interest)
    Car - £6000

    Thankfully my student overdrafts have no interest an my student loans have only a teeny tiny APR but still... im doing my degree to better myself but I will have to start my working life paying back a huge debt which is mostly related to being a student.

    Doesnt seem right!! :x

    532 Comments

    Banned

    noyb...

    £10 (srs).

    Your choice and you knew the facts before so why complain?

    Did you need to get a car worth so much?

    It is all your own doing innit.

    roadrunner1;5683718

    Your choice and you knew the facts before so why complain?


    I don't see where she's complaining at all.

    She's just saying how much she has and at what age, and she will have to work to pay it back....

    Good on you for trying to better yourself.
    I agree it does seem unfair but it will be worth it in the end

    Original Poster Banned

    roadrunner1;5683718

    Your choice and you knew the facts before so why complain?



    Yawn.... this place is full of argumentative oddballs!! :roll:

    Get a life :w00t:

    t0mm;5683737

    I don't see where she's complaining at all.She's just saying how much she … I don't see where she's complaining at all.She's just saying how much she has and at what age, and she will have to work to pay it back....



    im doing my degree to better myself but I will have to start my working life paying back a huge debt which is mostly related to being a student.

    lulz

    £12,000+ student loan, and ive got one more year to go
    £1,800 student overdraft over 2 accounts...mind you we are not allowed to have 2 student accounts

    its a god damn headache knowing how much debt i got, plus i think i pay well over £500 on my student loan interest every year

    Original Poster Banned

    roadrunner1;5683718

    Your choice and you knew the facts before so why complain?Did you need to … Your choice and you knew the facts before so why complain?Did you need to get a car worth so much? It is all your own doing innit.



    my OH needs a car for work...innit :thumbsup:

    roadrunner1;5683753

    im doing my degree to better myself but I will have to start my working … im doing my degree to better myself but I will have to start my working life paying back a huge debt which is mostly related to being a student.lulz


    Yes.. you have to work to get money to pay off debts, you worked that out.

    I dont' see a

    'AMG I HATE DIS'
    'OMGZZZZ NO WAI KAN I AFFORD 2 PAI DIS OFF'

    'lulz'....

    Original Poster Banned

    khy86;5683754

    £12,000+ student loan, and ive got one more year to go :(£1,800 student o … £12,000+ student loan, and ive got one more year to go :(£1,800 student overdraft over 2 accounts...mind you we are not allowed to have 2 student accounts



    :lol: shhhh :whistling:

    I know, i was considering doing my masters and then a PHD but the debt would be crazy :?

    Original Poster Banned

    t0mm;5683774

    Yes.. you have to work to get money to pay off debts, you worked that … Yes.. you have to work to get money to pay off debts, you worked that out.I dont' see a 'AMG I HATE DIS''OMGZZZZ NO WAI KAN I AFFORD 2 PAI DIS OFF''lulz'....



    haha :lol: repped!! :thumbsup:

    student_mummy;5683762

    my OH needs a car for work...innit :thumbsup:



    Oh a 6K + one.

    My first car was £3.600 and I paid in cash and I was a student. If I never had the money I wouldn't have got it.

    I still have a student loan but that is life.

    t0mm;5683774

    Yes.. you have to work to get money to pay off debts, you worked that … Yes.. you have to work to get money to pay off debts, you worked that out.I dont' see a 'AMG I HATE DIS''OMGZZZZ NO WAI KAN I AFFORD 2 PAI DIS OFF''lulz'....



    Kids. :roll: Come back when your old enough for credit with someone other than your mammy.

    student_mummy;5683748

    Yawn.... this place is full of argumentative oddballs!! :roll:Get a life … Yawn.... this place is full of argumentative oddballs!! :roll:Get a life :w00t:


    agreed:thumbsup:so many want to bring us down

    Original Poster Banned

    magough;5683745

    Good on you for trying to better yourself.I agree it does seem unfair but … Good on you for trying to better yourself.I agree it does seem unfair but it will be worth it in the end



    yeh defo, cant wait to graduate :thumbsup:

    will be amazing getting my honours with my lil girls in tow :-D makes me emotional thinking about it :cry:

    £25k student loans. I have just finished uni, got lot of debt now but I am single parent too - def worth it in end. Not that I have a job yet (am looking)

    Banned

    how do you get all these loans and overdrafts if youre other half is working?

    Banned

    your 21, got two girls and been at uni for the last two years?

    Banned

    I think it's something like £171,000 now but that's for the mortgage
    don't have any other debts
    g/f (fiancée) who did a 4yr degree has something like £18,000

    Original Poster Banned

    roadrunner1;5683788

    Oh a 6K + one.My first car was £3.600 and I paid in cash and I was a … Oh a 6K + one.My first car was £3.600 and I paid in cash and I was a student. If I never had the money I wouldn't have got it.I still have a student loan but that is life.



    He works hard so why cant he have the car he wants??? :?

    It was £8000 actually but paid 2 off since

    Im not complaining about the car, was just adding it on to my list...

    seems crazy that they give someone with no job so much... no wonder there are so many debt problems in this country :roll:

    0 at moment but will have a mortgage soon that's kind of debt,but unavoidable debt.

    Original Poster Banned

    sassie;5683839

    your 21, got two girls and been at uni for the last two years?



    No, had a year off last year as I was pregnant. Did first 2 years of my degree 06-08 :-D going back in sept xx

    Banned

    student_mummy;5683851

    No, had a year off last year as I was pregnant. Did first 2 years of my … No, had a year off last year as I was pregnant. Did first 2 years of my degree 06-08 :-D going back in sept xx



    how old are your children?

    Original Poster Banned

    casparwhite;5683828

    how do you get all these loans and overdrafts if youre other half is … how do you get all these loans and overdrafts if youre other half is working?



    when i started my degree i was a single mum staying at my parents, would be totally different now x

    Banned

    casparwhite;5683828

    how do you get all these loans and overdrafts if youre other half is … how do you get all these loans and overdrafts if youre other half is working?



    Since when has a b/f or g/f been taken into account when applying for a loan? lol

    Original Poster Banned

    sassie;5683861

    how old are your children?



    5 and 5 months...why?

    lumoruk;5683840

    I think it's something like £171,000 now but that's for the mortgagedon't … I think it's something like £171,000 now but that's for the mortgagedon't have any other debtsg/f (fiancée) who did a 4yr degree has something like £18,000



    shes marrying you to pay off her debts :whistling:

    student_mummy;5683748

    Yawn.... this place is full of argumentative oddballs!! :roll:Get a life … Yawn.... this place is full of argumentative oddballs!! :roll:Get a life :w00t:



    Its also full of idiots who want everything now rather than work for it and cry when the baliffs come round.

    seems to be more and more a problem with the current youth of our world (but not in every case)

    Is not argumentative its stating fact. I presume you are stating that to be massively in debt is OK.

    Just makes me laugh when people state "it must be the banks / credits cards fault"

    WHAT A LOAD OF TOSH, YOU KNOW THE RULES WHEN YOU TAKE DEBT ON, ITS YOUR FAULT, AND YOURS ALONE.

    So don't bleat when it goes wrong..

    PS if You want to solve part of your debt problems flog the expensive car and get a little runaround, or is the expensive car part of the "image" that you believe you have a god given right to have.

    gun

    Original Poster Banned

    Mum2Connor&Cerys;5683843

    0 at moment but will have a mortgage soon that's kind of debt,but … 0 at moment but will have a mortgage soon that's kind of debt,but unavoidable debt.



    yeh, I cant wait to get a morgage, I hate paying someone elses for them every month :lol:

    Ah well, a few more years then maybe :thumbsup: xx

    Banned

    student_mummy;5683870

    5 and 5 months...why?



    just wondered, dont really understand why someone would have children when they arent going to be around to look after them, but each to their own

    Banned

    tinkerbell28;5683867

    None, thank god, seen to many struggle with debt to ever want any :-(



    I'm not entirely sure they 'want' the debt :thumbsup:

    Banned

    lumoruk;5683868

    Since when has a b/f or g/f been taken into account when applying for a … Since when has a b/f or g/f been taken into account when applying for a loan? lol



    well when you are living with someone who works full time with 2 kids and a car etc

    please explain why you should be entitled to a loan?

    Original Poster Banned

    *XxGunnerxX*;5683878

    Its also full of idiots who want everything now rather than work for it … Its also full of idiots who want everything now rather than work for it and cry when the baliffs come round.seems to be more and more a problem with the current youth of our world (but not in every case)Is not argumentative its stating fact. I presume you are stating that to be massively in debt is OK.Just makes me laugh when people state "it must be the banks / credits cards fault"WHAT A LOAD OF TOSH, YOU KNOW THE RULES WHEN YOU TAKE DEBT ON, ITS YOUR FAULT, AND YOURS ALONE.So don't bleat when it goes wrong..PS if You want to solve part of your debt problems flog the expensive car and get a little runaround, or is the expensive car part of the "image" that you believe you have a god given right to have.gun




    Eh....

    have you read the post.. im presuming not :lol:

    when did I say I couldnt afford my debt?!?!?

    Thats right..... I didnt!!! :w00t:

    lumoruk;5683868

    Since when has a b/f or g/f been taken into account when applying for a … Since when has a b/f or g/f been taken into account when applying for a loan? lol



    If you have a joint account you become financially tied but that's the only way I can think of!?

    Original Poster Banned

    casparwhite;5683903

    well when you are living with someone who works full time with 2 kids and … well when you are living with someone who works full time with 2 kids and a car etcplease explain why you should be entitled to a loan?



    student loans are to cover your living expenses while you are a student...

    student_mummy;5683916

    student loans are to cover your living expenses while you are a student...



    There are 2 elements to the loan though - £3kish for everyone and the other £1.5k is income assessed (so that would be on bf income too)

    Have you applied for access to learning fund? A word of warning about student overdrafts, they have been known to revoke them if you don't keep having money paid into them and most banks say you can only have a student account if it is your only one. Also they will start charging interest after you graduate.

    roadrunner1;5683788

    Oh a 6K + one.My first car was £3.600 and I paid in cash and I was a … Oh a 6K + one.My first car was £3.600 and I paid in cash and I was a student. If I never had the money I wouldn't have got it.I still have a student loan but that is life.


    thats brilliant how you done it! yes that is life and as op has stated they are not moaning about it so why dont you leave your negative comments and try thinking positive ones! op i think its great that you and other people like you are trying to get degrees and uni and stuff to better your future for you and your family and i certainly think its great how you manage with it all and your family so good luck to all students and i hope you achieve what you are setting out for :thumbsup:

    £7k + £5k loans and £2.5k overdraft.

    £138k mortgage
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