Credit card debt: poll

luckat · 26-09-2008 07:23PM #1

I keep reading that the Irish have the highest private debt in the world. How much do you owe on your credit card? (And do you pay it off fast?)

BroomBurner · 26-09-2008 07:24PM

Don't have one. Don't believe in spending what I don't have.

Gummy Panda · 26-09-2008 07:25PM

I currently owe 100 euro cause i bought this. no plans on buying anything major so pretty much debt free for me.

26-09-2008 07:26PM

I pay off everything that I buy on my credit card on a daily basis, so €0 for me.

dr.bollocko · 26-09-2008 07:27PM

Huehuehue. Isnt it because of all the home owners? I think the british have the highest rate of credit card debt in the world.
Me, I still got some holiday payments waiting to pay off. Really should do that.

Sabre0001 · 26-09-2008 07:32PM

Try not to owe so make the effort to either have money on the card pre-purchase or lodge money soon after a purchase....Can't really afford to make purchases anyway

Loopy · 26-09-2008 07:34PM

I owe €1000 having just cleared it completely 3 weeks ago:eek:

Im contemplating cutting it up - they are just so goddamn handy:(

eddiehead · 26-09-2008 07:37PM

I owe zilch, nada , zero

It was hovering around €1500 for a long time there but I cleared it last week

Mena · 26-09-2008 07:44PM

Well, well over 10k

Delirium · 26-09-2008 07:47PM

Owe a little over €600, but at the same time my credit limit is only around €850.

AlmightyCushion · 26-09-2008 07:53PM

It gets paid off automatically the minute it's due so I guess that makes it zilch.

Tha Gopher · 26-09-2008 07:54PM

Nothing. I hate using them to the extent that if Ryanair had some office in town where you could pay in cash Id much rather fly in and get my printed documents rather than the hassle of entering card details myself.

And they deduct a fiver or something per month for merely having a card I barely use, only have it for booking flights.

People who buy groceries or drink in the offy using a card and holding up the queue should be executed via electrodes wired to their nads.

emeraldstar · 26-09-2008 07:55PM

No credit card, thank fook. Would not be a good idea!

irlirishkev · 26-09-2008 07:56PM

I owe nowt on my credit card. I never buy anything on it unless I know I can pay it off pretty quickly. Been that way for about 8 years, since I had to take out a loan to pay the damn thing off..

Zangetsu · 26-09-2008 07:59PM

credit cards are bad. 650 in a week of gettig it lol...

LEIN · 26-09-2008 08:03PM

Just under a grand was a hell of a lot worse nearly on top of it then i will be taking a scissors to the fcuker.

marti101 · 26-09-2008 08:15PM

Nothing i wouldnt trust myself with one

Bendihorse · 26-09-2008 08:19PM

Around 200 Snots. They increased my limit to 1k without asking me once upon a time, i called up and asked for it to be reduced back to E400. I only use it on line so if any Scummy Scammer steals my details, they aren't exactly going to retire off my card

Mine is payed off in full at the end of every month by DD. Banks hate people who do this as it means you get 1 month free credit off them as you dont pay any interest. Which means they dont make any money out of you. Its about the only little one up your ever going to get on a bank in your life so my advice is to USE IT!

If im ever put on a monthly salary i think ill be using my CC as my everyday shopper. Pay the balance off in full at the same time your wages come in. Free credit for you, and as far as i know theres no transaction charge on your CC, unlike Laser who charge 20 or 30c per transaction (or something in that region)

fifth · 26-09-2008 08:20PM

About €650 its been this way since christmas just have not cleared it yet. Will clear it bit by bit slowly.. over next few months

SV · 26-09-2008 08:21PM

Not a thing!

ejmaztec · 26-09-2008 08:42PM

Only a few hundred on mine. I never carry any cash at all, which is quite handy when a chugger is looking for a handout. I tell them that if they've got a laser/visa terminal in their bag, I mighty give them a few quid, but they haven't caught me out yet.

DefenseSoapEire · 26-09-2008 08:49PM

I always pay it off the same week I use it.

faceman · 26-09-2008 08:52PM

This thread is invading my privates privacy

biko · 26-09-2008 08:52PM

I use it for work expenses so can be out 50-5000 euro at any given time but get them back quickly enough from the company.

LEIN · 26-09-2008 08:54PM

ejmaztec wrote: »

Only a few hundred on mine. I never carry any cash at all, which is quite handy when a chugger is looking for a handout. I tell them that if they've got a laser/visa terminal in their bag, I mighty give them a few quid, but they haven't caught me out yet.

Lol they might bring you to an ATM instead!

gurramok · 26-09-2008 09:09PM

I myself is not in any debt(phewww

) but i do know people who have CC debt up to their eyes.
And yes, we have the highest personal debt in the EU(€368bn+, explanation at http://archives.tcm.ie/businesspost/2008/06/15/story33690.asp for those who are interested in this subject and are still sober

)

So every person in this country owes about €94k, start coughing up!

NotInventedHere · 26-09-2008 09:16PM

Owe about 5k will pay it off next month . Credit limit is about 17k .

aviendha · 26-09-2008 09:21PM

Paid off at end of month DD with wages, so zero. Never carry cash (except on a night out) so will have up to 1000euro of purchases racked up each month... even having to pay the 1euro interest the odd time I use it abroad to get cash galls me!!

Stephen · 26-09-2008 09:27PM

I pay it off in full every month. I really just use it for buying stuff off teh internetz and when travelling. If I'm buying stuff in Ireland its cash or laser all the way.

6ix · 26-09-2008 09:30PM

Pay it off in full very month, except for perhaps the month when I've come back from holidays, or else made a very large purchase on the card. I've had one for about 3 years, and paid about €30 in interest that whole time.

I really can't understand people's lack of discipline, and that they "wouldn't trust themselves" with a credit card. They're a great utility if you just use them right.

ejmaztec · 26-09-2008 09:44PM

damo9090 wrote: »

Lol they might bring you to an ATM instead!

In the bag or nothing!

Credit card debt: poll

How much do you owe on your credit card? 86 votes

Comments