I maxed mine
paying the application fee for a bloody PhD. How shit is that, eh? Mind you - I've battled the limit down from £1000 to £400 because it was giving me the fear.
(berk, Fri 26 Nov 2010, 9:44, 2 replies, latest was 15 years ago)

Two cards, combined limit of £10k
Scares the shit out of me, as I'm further into that limit than I want to be, but am chucking a good chunk of change at it each month.
( Labia Majora You keep on talking but it makes no sense at all, Fri 26 Nov 2010, 9:46, Reply)

Yeah that kind of puts mine
in to a bit of perspective, really...even with both my credit card and overdraft maxed (which they currently are til Monday) I only have a fraction of that debt!
(berk, Fri 26 Nov 2010, 9:49, Reply)

I live in my overdraft, have done since uni

( Labia Majora You keep on talking but it makes no sense at all, Fri 26 Nov 2010, 9:51, Reply)

Me to, I'm currently planning to be out of it by february.

(PsychoChomp, Fri 26 Nov 2010, 9:51, Reply)

I'm slowly clawing my way out
This summer I'll have paid off my car completely, so that'll help.
( Labia Majora You keep on talking but it makes no sense at all, Fri 26 Nov 2010, 9:53, Reply)

I've got a bugeting app on my phone
I'm putting every tiny thing that I spend on my phone. Because it's a bit of a pain in the arse it puts me off buying shit I don't need.
(PsychoChomp, Fri 26 Nov 2010, 9:55, Reply)

Good idea, might look into that
I set up a second account which I chuck 50-100 quid a month into, plus birthday/christmas moneys. It's my "Oh shit" fund, rather than relying on overdraft/credit card if something happens, like the car troubles I had earlier in the year.
( Labia Majora You keep on talking but it makes no sense at all, Fri 26 Nov 2010, 9:58, Reply)

i really really should do this
my "oh fuuuuuuuuuuuck fund" is currently my dad, the banker of last resort.
( rachelswipe with a fork, Fri 26 Nov 2010, 10:00, Reply)

I had two bank accounts for exactly that reason while i was saving for this trip.
I had my online one, and my savings one. the online one was great because it wasn't linked to my card so I couldn't withdraw from my trip savings unless i transferred money.
(Poppet some assembly required., Fri 26 Nov 2010, 10:01, Reply)

I've started my Australia holiday fund
there's £85 in it at the moment. Won't even get me on the plane but I'm still quite proud of it.
(Spitz, Fri 26 Nov 2010, 10:08, Reply)

Pfft
even a taxi from your house to Manchester airport will probably cost a third of that!
(berk, Fri 26 Nov 2010, 10:14, Reply)

it's a good feeling when you manage it
I've been sliding back into mine at the end of the month recently :-/
( Vipros. clever got me this far, then tricky got me in, Fri 26 Nov 2010, 9:54, Reply)

Same
I've whittled it down a bit since then, but I still get right up to the limit just before payday. The likelihood of me getting it down to nothing is laughable frankly, so best of luck to you, Chompy...
(berk, Fri 26 Nov 2010, 9:53, Reply)

i refuse to have a credit card, a store card or even an overdraft of more than £100
because otherwise i would spend them all. i used to have an egg credit card (they gave a student a £6,000 credit card ffs) which it took me about 2 months to max out. took me 2 years to pay it back. never ever again!
( rachelswipe with a fork, Fri 26 Nov 2010, 9:57, Reply)

CAN WE ALL STOP TALKING ABOUT THIS PLEASE.
If I listed my debts you'd never talk to me again.
( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 9:59, Reply)

yes i would
i'd just say, fuck it darling, my flat would fetch as much rent in a month as i earn working my arse off for 100 hours a week as a lawyer, so let's just get tenants in it and fuck off travelling together on the proceeds, they'll never find us in south america.

i am actually quite tempted by this. i fancy working on a charity project in peru or somewhere, then travelling around south america, then about 3 months driving clean across north america. anyone????
( rachelswipe with a fork, Fri 26 Nov 2010, 10:03, Reply)

Me please.
Apart from the 'charity' bit.
( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:05, Reply)

yeah ok fair enough
i doubt there's anywhere to plug my straighteners in there anyway.
( rachelswipe with a fork, Fri 26 Nov 2010, 10:14, Reply)

You're a druggy nazi loving child killer and we still talk to you.
I doubt you being in debt is going to put us off.
( girlinthehole, Fri 26 Nov 2010, 10:06, Reply)

OK *deep breath*
Mortgage 133k outstanding
Loan 1: 15k outstanding
Loan 2: 9.5k outstanding
Loan 3 (from mother): 2.5k outstanding
Overdraft: 6k (full)
cc 1: 4k
cc 2: 2.5k
cc 3: nothing yet

My only saving grace is equity 90-100k

*cries*
( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:10, Reply)

why don't you ring a company like cleardebt?
they can consolidate them for you.
( rachelswipe with a fork, Fri 26 Nov 2010, 10:13, Reply)

I understood folk like that to be rather dodgy - is this wrong?

( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:14, Reply)

not all of them
I seem to recall Virgin One being ok, if they are still about as well
( Vipros. clever got me this far, then tricky got me in, Fri 26 Nov 2010, 10:17, Reply)

The One Account is fabulous!
I've paid so much mortgage and other debts off it is unbelievable!

If you fancy going for it, gaz me and we can both get a free £125
( sporters I’m sincerely gratitude to you, Fri 26 Nov 2010, 10:45, Reply)

depends on the type
but cleardebt is not a credit loan company that buys your debts and then charges you 100000%, no. it's an insolvency specialist that deals with helping people reorganise existing debts, they can advise on things like IVA's.
( rachelswipe with a fork, Fri 26 Nov 2010, 10:17, Reply)

It's not all my own stupid extravagance.
I spent 6k getting access to my kid, 3k on repairs to the roof of my block, and another 3k in plumbing disasters in the past 3 years.

:(((((((((((((((((((
( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:22, Reply)

to make you feel slightly better
my mortgage is about £198k
( Vipros. clever got me this far, then tricky got me in, Fri 26 Nov 2010, 10:23, Reply)

But you only have to pay half of it, eh?
Thanks though, that does help a little.
( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:24, Reply)

I do only pay half
still costs me £600 a month. Got a £5k loan, a few hundred on a credit card and have wedding pre-debt to the tune of about £200 a month.

Trying to do up my house and live at the same time is leaving me with fuck all.
( Vipros. clever got me this far, then tricky got me in, Fri 26 Nov 2010, 10:26, Reply)

You know if you tidy your hair up a bit, (although I quite like it), you could always become a gigalo.
Lots of women out there with the cash and need for a cultured gentleman to hire you.
( girlinthehole, Fri 26 Nov 2010, 10:26, Reply)

Hahahah

( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:30, Reply)

I would do that as a last resort
go here www.moneysavingexpert.com/ read lots. Take a few days off work and sort everything out.
(PsychoChomp, Fri 26 Nov 2010, 10:24, Reply)

Thank you.
I've simply been pretending it's not happening for a couple of years now.
( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:25, Reply)

Me too,
althought not as bad as you I have 0 assets.
Watch this hilariously cheap video www.moneysavingexpert.com/loans/debt-help-plan
(PsychoChomp, Fri 26 Nov 2010, 10:29, Reply)

Bleedin hell!
*shuns*


Seriously, if I had your love of the expensive things in life then I'd be just as bad. I just have a smaller debt because my vices are cheap.
( girlinthehole, Fri 26 Nov 2010, 10:16, Reply)

Why can't I just enjoy cheap Spanish brandy and speed?

( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:18, Reply)

Haha! I know.
My worst debt was ten grand which took me five years to pay off.
( girlinthehole, Fri 26 Nov 2010, 10:20, Reply)

I have a tendency to live to my means
And therefore not save much, if at all. Plus I got into a lot of debt from uni... Ideally I'd have no credit cards, but that's a far ways off.
( Labia Majora You keep on talking but it makes no sense at all, Fri 26 Nov 2010, 10:00, Reply)

CAN WE ALL STOP TALKING ABOUT THIS PLEASE?

( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:01, Reply)

I have an automatic overdraft of £950 that I've now got into my head isn't actually my money.

( girlinthehole, Fri 26 Nov 2010, 10:01, Reply)

CAN WE ALL STOP TALKING ABOUT THIS PLEASE?
Please?


Plee-e-e-ease?
( Monty Boyce, My cheese game is strong, Fri 26 Nov 2010, 10:02, Reply)

Hahahaha!

( girlinthehole, Fri 26 Nov 2010, 10:04, Reply)