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This is a question Debt pron

Watching 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?

(, Thu 23 Nov 2006, 19:50)
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I'm on the run from AmEx
The stupid twunts gave me a £2K credit limit back in the days when I suffered from Minimum Wage. I stopped making minimum payments about 2 years ago, and have since moved house twice and got a new job earning an extra £10K p.a. By now I probably owe them at least £5K. I would consider contacting them to arrange to pay them back, but it's probably a bit late now and it would be really rather embarrassing. "Ummm, yes. I went into hiding from you a couple of years ago because I wanted to spend my money on food and rent instead of paying you. I'd now like to start paying off what I owe you if that's ok? But not too much at once - maybe £100 a month? kthxbye."

I also owe maybe £7K to SLC, £600 on store cards (after paying off about £1.5K towards them already), and £1K to pay off my student overdraft from 6 years ago (I'm currently paying a bargainous £35 per month towards this. Probably for life). You do have to wonder why these companies give credit to people who clearly can't afford it.
(, Fri 24 Nov 2006, 9:35, Reply)

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