Biggest debt you've been in?

cookiexx

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

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

PixelTrawler

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

ScumLord

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

porsche959

Around €350,000, give or take.

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

c_man

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

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

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

Galwayguy35

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

ruthloss

My debt looks like a telephone number.:(

AndyBoBandy

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

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

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

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

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

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

cloud493

Frynge wrote: »

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

8 digits :eek:

MarkR

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

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.

Sugar Free

A five figure sum for my masters.

GLaDOS

I'm not rich enough to afford a debt.

charlietheminxx

€500 overdraft and that's it for me.

House of Blaze

I owe a life debt to my buddy Han.

Raaawawawawrrr.

salamanca22

I wouldn't count a mortgage as debt at all unless in negative equity.

No debt myself but that will probably change in the future!

therealme

90k business loan...2 more years until it's paid.

I will never again take out a loan!

keith16

sugarman wrote: »

€20 overdraft

You lunatic.

Highflyer13

19k at the moment on a car loan. Never again, not even a mortgage. The stupidity of it all.

Highflyer13

19k at the moment on a car loan. Never again, not even a mortgage. The stupidity of it all.

blade1

Highflyer13 wrote: »

19k at the moment on a car loan. Never again, not even a mortgage. The stupidity of it all.

Highflyer13 wrote: »

19k at the moment on a car loan. Never again, not even a mortgage. The stupidity of it all.

Twice??
You'd think you would have learnt after the first time:D

anncoates

700 quid isn't debt.

Stinicker

anncoates wrote: »

700 quid isn't debt.

It bloody sure is if you owe it to wonga.com at 4,500% APR

Deranged96

€40 to me cousin.
Took 2 months but by God I settled it

Firefox11

Those people saying that they will never owe some type of debt must be planning to have some very frugal lives!!:eek:

Highflyer13

19k at the moment on a car loan. Never again, not even a mortgage. The stupidity of it all.

lukesmom

None at all.
No rent
No mortgage
No credit cards
No loans
No overdrafts

Tail Docker

lukesmom wrote: »

None at all.
No rent
No mortgage
No credit cards
No loans
No overdrafts

No sh1t?

That sound frugally frugal. Or did you win the lotto?

on the river

lukesmom wrote: »

None at all.
No rent
No mortgage
No credit cards
No loans
No overdrafts

So you live at home

lukesmom

Tail Docker wrote: »

No sh1t?

That sound frugally frugal. Or did you win the lotto?

No lotto. Don't need a credit card I would of course love one but I know I'd be dangerous with it.

lukesmom

on the river wrote: »

So you live at home

Yes I live in my own home with husband and three kids.

Firefox11

on the river wrote: »

So you live at home

or a cave.:pac:

lukesmom

Firefox11 wrote: »

or a cave.:pac:

Ah that's not very nice is it?

Tail Docker

lukesmom wrote: »

Ah that's not very nice is it?

Depends on the cave...The Bat Cave is pretty posh.

waffleman

125K in 2008
90K now
13 years left
Thank f*ck it's a tracker mortgage
Never again!

TheBeardedLady

For the next number of years, I'm going to be properly in debt for the first time in my life as I'm going back to university as a mature student in my 30s. Owed people money in the past but not much but I'm going to end up owing thousands. Hopefully it'll be all worth it and I'll get into a profession that I can earn more money in than I'm earning now (which really wouldn't be difficult - I'm earning pittance right now). It's a scary feeling though as there's no guarantee it'll all work out. That's life, I suppose. Gotta take a gamble if you want to change your circumstances!

KeithM89

45k on a car loan, 3k left on my masters and a tenner to a mate for a taxi at the weekend. He'll be waiting....

lukesmom

Used to hate paying rent. All that money down the drain every month. Would have been alright if the landlord had let us paint and spruce the place up but she wouldn't. At least with a mortgage you get something out of it.

shruikan2553

No debt yet. Waiting for the new celtic tiger after I graduate!

wiseoldelf34

went mad with the wee people during the boom only owe 5k now.might as well be 5mill.
I wonder if i said Feck off see yiz in court and take my chances would they send the viper over

myshirt

€35k on behalf of post war baby boomers who decided to take out a credit card in my name.

Grrr!

Tail Docker

wiseoldelf34 wrote: »

went mad with the wee people during the boom only owe 5k now.might as well be 5mill.
I wonder if i said Feck off see yiz in court and take my chances would they send the viper over

Erm, translator to Aisle Five please!

Firefox11

lukesmom wrote: »

Ah that's not very nice is it?

Sorry. I didnt mean it like that. Apologies.

I suppose what I mean is that, in this modern economised, globalised world we live in, I find it difficult to see how people cant manage/survive without owing some form debt no matter how big or small.

I manage any debt as well i can (a mortgage mostly) and have as little as possible but if people can manage without more power to them.