How much debt do you have?

Status
Not open for further replies.
I love a good old SMB cock waving contest - so how much debt do you have?

I have £205k across two mortgages - no other debt!

That'll be peanuts I imagine!
 


Only about 37k on my mortgage. I don't know how some people sleep at night the amount of debt they have.
 
lots on a mortgage, tend to be more tentative with cars and credit cards as cars depreciate rapidly and credit cards should only be used for short term loyalty points / insurance cover etc (my view)
 
Car finance that runs out next year, a credit card with a bit on. Got a lump tucked away from a house sale that is invested in various places, will cost me more than the interest in paying to remove it from those ventures.

Probably about 8k altogether, very manageable.
 
£7k left on my car
£20k in student loans
£3k in credit card and overdraft

In the running for a new job so if I get that I can be credit card and overdraft free by Christmas. If not it'll take another year or so to pay off.

Student loan will take me a long time. Probably 25-30 years to pay off.

I don't earn over the payment threshold yet, so that's just sitting accumulating interest.
 
Status
Not open for further replies.

Back
Top