Biggest debt you've been in?

cookiexx · 08-09-2014 3:13pm #1

I currently have $700 to pay off on a US credit card that I totally forgot about when I moved home from US last year.
Not bad, but sizeable considering I have fak all monies right now having just moved into a new place and started a college course.
What's the biggest debt you've accrued and how the hell did you manage to pay it off?

o1s1n · 08-09-2014 3:14pm

1. Mortgage.
2. Ask me in 25 years :eek:

PixelTrawler · 08-09-2014 3:22pm

Another 25 year mortgage sentence here... 700 dollars... ha. You call that debt?

ScumLord · 08-09-2014 3:26pm

I've never been in debt. I'd rather go without than owe a bank money.

porsche959 · 08-09-2014 3:28pm

Around €350,000, give or take.

http://www.independent.ie/business/irish/irish-debt-total-at-164-trillion-new-figures-29615178.html

c_man · 08-09-2014 3:43pm

Never been in debt thankfully.

porsche959 wrote: »

Around €350,000, give or take.

http://www.independent.ie/business/irish/irish-debt-total-at-164-trillion-new-figures-29615178.html

^Except for that

cookiexx · 08-09-2014 4:00pm

porsche959 wrote: »

Around €350,000, give or take.

http://www.independent.ie/business/irish/irish-debt-total-at-164-trillion-new-figures-29615178.html

:eek:

Christ.

cloud493 · 08-09-2014 4:00pm

Also never had a debt. Don't even have a credit card. Being frugal :cool:

Galwayguy35 · 08-09-2014 4:07pm

The one I'm in now, only 29 more years left and I'll be debt free.

ruthloss · 08-09-2014 4:09pm

My debt looks like a telephone number.:(

AndyBoBandy · 08-09-2014 4:10pm

cookiexx wrote: »

I currently have $700 to pay off on a US credit card that I totally forgot about when I moved home from US last year.

So, currently you probably owe them $377,468.76

maximoose · 08-09-2014 4:12pm

Biggest loan I took was €8k for a car, that's all gone now.

Have about €2k outstanding on a credit card that I should really start paying off.

I just like things and stuff too much.

MyPeopleDrankTheSoup · 08-09-2014 4:12pm

porsche959 wrote: »

Around €350,000, give or take.

http://www.independent.ie/business/irish/irish-debt-total-at-164-trillion-new-figures-29615178.html

that's very misleading, it includes the debt of all the foreign finance houses with brassplate offices in Dublin

McGrath5 · 08-09-2014 4:14pm

Another 19 years to go on my Mortgage, plus I owe another €1.8k on a credit card which I am paying off as fast as I can.

ytpe2r5bxkn0c1 · 08-09-2014 4:15pm

A mortgage back in the day but I always felt that technically I wasn't in debt, as the value of the house was always way more than the mortgage. The next biggest was owed a guy who bought something in town for me and I didn't see him to pay it back for over a week. It was €12 if i recall correctly. I never believed borrowing, never had a credit card and when money was tight we saved for what we needed. Thankfully we always had more than enough to get by.

Frynge · 08-09-2014 4:17pm

In a couple of months ill go from 8 digits down to 7 digits.

cloud493 · 08-09-2014 4:20pm

Frynge wrote: »

In a couple of months ill go from 8 digits down to 7 digits.

8 digits :eek:

MarkR · 08-09-2014 4:22pm

Frynge wrote: »

In a couple of months ill go from 8 digits down to 7 digits.

10 million in debt? Get off the net and do some work!

CruelCoin · 08-09-2014 4:26pm

Debt - €0
Assets - €x

No debt right now. Never occurred to me to purchase things with money i did not have.

I will shortly be going into a mortgage for 90k over 25 years that i intend to repay in half that time.