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)
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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Buying Cars with "optional final payment"
Anybody thinking about getting a new car on a "final payment" scheme, think first..
My beloved puma was getting onto 70,000 miles and was looking at some big servicing costs over the next year, so worked out that it would be cheaper to get a brand new clio over 3 years, on one of these "pay optional final payment to keep car or give it back and get another new one" type jobbies.
So, select a lovely clio for 10,000 squids, hand over the puma for 4000 part ex, leaves 3 years at 100 quid a month with optional final payment of 3000. ok so far?
All going well, another year left on car to pay when some facker drives into it and it gets written off. So the insurance offer me 4500 minus excess and that (book price). So i call up renault and are told that there is 4000 left on car to pay. FACK. So yes. I walk away with 500 quid after paying in 6000 so far, and still have to buy a new car, which ill need a loan for.
1)Never buy a new car
2)Never have an optional payment
( , Fri 24 Nov 2006, 10:45, Reply)
Anybody thinking about getting a new car on a "final payment" scheme, think first..
My beloved puma was getting onto 70,000 miles and was looking at some big servicing costs over the next year, so worked out that it would be cheaper to get a brand new clio over 3 years, on one of these "pay optional final payment to keep car or give it back and get another new one" type jobbies.
So, select a lovely clio for 10,000 squids, hand over the puma for 4000 part ex, leaves 3 years at 100 quid a month with optional final payment of 3000. ok so far?
All going well, another year left on car to pay when some facker drives into it and it gets written off. So the insurance offer me 4500 minus excess and that (book price). So i call up renault and are told that there is 4000 left on car to pay. FACK. So yes. I walk away with 500 quid after paying in 6000 so far, and still have to buy a new car, which ill need a loan for.
1)Never buy a new car
2)Never have an optional payment
( , Fri 24 Nov 2006, 10:45, Reply)
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