How much personal debt do you have?

[Man of Harveys]

A topical thread, prompted by the fact that people in the UK now have twice as much personal debt per head as in other west European countries - how much debt do YOU have, secured (i.e. with a mortgage) and unsecured, (everything else - loans, credit cards, overdrafts etc etc). The average British resident has £3,175 - not sure if that figure includes mortgages or not.

I have none unsecured and half of a £100,000 mortage. Could be worse.

 

[Da Man Clay]

I am 19 and owe nothing at all.

 

[The Large One]

Believe it or not, at present it is precisely... nil.

 

[Barrel of Fun]

£12k student loan.
£1k credit card - although I have just secured an interest free loan from my Parents.

 

[Napper]

secured (1/2 of 135k)
unsecured now nil

 

[hans kraay fan club]

A topical thread, prompted by the fact that people in the UK now have twice as much personal debt per head as in other west European countries - how much debt do YOU have, secured (i.e. with a mortgage) and unsecured, (everything else - loans, credit cards, overdrafts etc etc). The average British resident has £3,175 - not sure if that figure includes mortgages or not.

I have none unsecured and half of a £100,000 mortage. Could be worse.

I have exactly the same as you. The figure you quote is definately for unsecured debt.

 

[Bozza]

The average figure did not include a mortgage.

I have £0 and £0. (Not strictly true as there'll be some money I owe a credit card company, but as I clear the balance every month, I do not consider the intra-month position as debt)

 

[Man of Harveys]

Re: Re: How much personal debt do you have?

I have exactly the same as you.

You're not...my GIRLFRIEND are you?

 

[blueandwhitearmy]

£7,800 student loan.

That is all.

 

[Rookie]

£10,000 student loan and about to take out £6,000 professional loan to get me through my course. Not a mortgage in sight yet

 

[The Clown of Pevensey Bay]

I can't remember how much is on my student loan. It comes out of my salary, though, so I don't tend to think about it. It must be about the £7,000 mark.

Then about £2,000 on a credit card. And a £2000 loan which I used for my car, but should be paid off in the next few months.

And a mortgage for £68K. Which of course, doesn't count.

 

[tinx]

Mortgage:- £170,000
Other:- £300

 

[Titanic]

A f*** off big mortgage... but no unsecured debts at present thanks to a recent redundancy!

 

[Man of Harveys]

C'mon - there must be higher out there...who's really in the shit?

 

[Lokki 7]

C'mon - there must be higher out there...who's really in the shit?

I owe about a mil in total if that helps.

 

[Parson Henry]

I owe about a mil in total if that helps.

No!!!





See Beers thread (13th Oct)

 

[Stumpy Tim]

I owe about AUS$25,000 for my car, but I'm $50,000 up on my mortgage - still owe $370,000 on that though. Which is about 160,000 pounds

 

[Lokki 7]

See Beers thread (13th Oct)

 

[Moshe Gariani]

just trying to move house and double mortgage - would clear unsecured debts in the process and make that figure a nice zero for the first time for 20 years

we've gone for the clever interest only mortgage option where you never have to pay back the capital...

 

[Barnet Seagull]

Half a mortage c 200k

Nothing else at the moment, but the roof looks a bit dodgy...