Debt pronWatching TV the other day we caught one of these "Bank of Mummy or the Wife" type shows and we thought, "This is Debt Pron." I.e. peoples financial problems exploited for the voyeuristic pleasure of others. Then we thought, "We bet lots of people on B3ta have massive financial problems. Let's exploit them." So, confess them all. Dodgy credit cards, lending money to some bloke in the pub, visits from the bailiffs, using one card to pay off another. We want to wallow in your fiscal pain. So, what is your biggest money fuck up?
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rob, Thu 23 Nov 2006, 19:50)
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Ah, yesWell, it's all settled at about £1750, with overdraft and credit card. Buuuut, Sainsbury's are paying that all off in 'monthly' installments :| Let's not talk about uni fees.
But the real funny story is my mate. The boy signs up for uni to do accounting. 6 months in, realises he's plain sailing [or thinks he is] and takes 3 credit cards, 2 overdrafts and maxes the lot.
So far, so good.
Fails the exams, fails the resits.
Drops out of accounting.
Takes another credit card, and another overdraft to cover repayments. Gets back into uni to do politics. Splurges all the money he gets in his loan, goes from his flat back home for 8-10 months. Mummy and Daddy help him out.
4 months in, drops out of politics.
Mummy and daddy cover him, he applies for the RAF. Doesn't get in.
Takes another credit card to cover repayments of repayments of repayments of repayments [is that one too many?].
Total debt: £30,000+
...whee, i'm only £2000 or so!
(, Fri 24 Nov 2006, 0:07, Reply)
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