 Has anyone out there had such bad debt ......? |
| ...........problems that they had to go into hiding for some years, they were so scared of being imprisoned? Or similar problem to share would be welcome. I have a friend and they had to do this, ... |
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 I got a credit card but, don't want to spend the amount will i still get credit? |
| Okay i have bad credit but, got approved for a credit card, I want to fix my credit so I was only going to spend 10 or 15 dollars a month and just pay it off. But someone told me you had to spend the ... |
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 Is $18,000.00 in debt a good enough reason to claim backrupt? |
| My Boyfriend is $18,000.00 in debt he has been told by a few people the best thing for him to do is claim bankrupt?... |
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 Ebay sellers? |
| is it so difficult to email someone and say, thanks for payment your item is being sent "this day" i swear i bought 5 things off ebay a few week ago and i received 2 and the rest ain't ... |
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 Has anybody got this email about getting a credit check? |
| You may be eligible to receive a benefit from a class-action settlement if you purchased and paid for a credit score or credit monitoring from ConsumerInfo.com or an Experian Entity between June 17, 1... |
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 What is this nonsense I just heard about employers not wanting to hire you if you have a bad credit rating? |
| If anyone else has heard of this and can elaborate more on whether or not it's true, possible and if so, why this is done, please do. Thanks.... |
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 I left the US in 2002 without repaying a car loan. I am re-entering the US, am I likely to be identified? |
Additional Details
My question was am I likely to be identified at the port of entry itself? Is my SSN tagged for loan default to be visible to the officer at the port of entry? What is ... |
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 Is anyone else in loads of debt??!? |
I have got myself in quite a bit of debt and its only started to dawn on me?! Is there anyone else out there in the same situation? xx
Additional Details
Course its a question Maria you ... |
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 Why is it bad to get rid of your credit cards? |
I wanted to cancel all my credit cards, just completely get rid of them but my family is telling me to never do that. Why? What does it ruin your credit or whatever?
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| Need Help With Loan? |
| Hey I need to know how I can get a 1500$ loan. I cant do it through payday loans because their Interest rates are EXTREMELY high, and I havent been in the credit bureau long enough to get a personal ... |
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 What are some ways I can Improve my FICO credit score? |
| My score is about average, its not bad at all and it not extremely good though. I'm planning on buying my first home in about a year, meanwhile among other finacial preperations I would like to ... |
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 Whats your credit card limit? |
At the moment mine is £10.000 but ive never used it and they keep upping the limit.
Don't they get the message I DON'T WANT IT.
I never even applyed for it in the 1st place.Are ... |
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 I just got married 2 months ago. Am I responsible for my spouses past debt? Need help NYC? |
| I recently married and now I am being tagged for my spouses past debts. Is this legal? My name is not on any of the cards and I never signed anything.... |
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 How do people use credit cards? |
| It's not like they don't have to pay back the money of what they purchase if they use the card right?... |
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Dee | £1900 debt... is that much? (Income £28000p.a.)? |
Hi guys, I have £900 debt on my credit card. I just quit my job because my boss is a dictator and I couldn't take it anymore. Now they are being difficult with the salary. It's a long story. But the bottom line is that I need money to pay my rent and other expenses and I was thinking about taking out a loan with HSBC for £1000. So in total I would be £1900 in debt. I already found a new job, which I will start in 2 weeks. The salary would be £28000 pa. |
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simplesimon
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Its manageable, and if its absolutely necessary then it seems like a fair solution (indeed, the only sensible solution).
A lot of people seem to have insinuated you should "pay it off as quickly as you can". To be honest, that certainly applies to the credit card - but you will be tied into loan repayments with HSBC, and will probably have to pay a fee for paying it off quicker.
Essentially, the only person who really knows how affordable this is is you. Speak to HSBC about what the monthly repayments will be, work out how much it would cost to clear the credit card in 3-5 months (as a monthly payment) - and ask yourself if you can take that sort of hit for the next 5 months / year? If you don't have other considerable commitments I suspect you will be paying it back easily. |
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Necrid
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Why not make it £10,000
In for a penny in for a pound i say |
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islandmonkey
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its peanuts by todays standards.
but make sure you pay it off quick as possible! |
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Pleasant Peter Perkins
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£30,000 pa. Just about to be made redundant.
Including mortgage...over £100,000 in debt.
The average individual debt in the UK is now over £20,000! |
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ats02171
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yeah it is a bit overwhelming but if you put 200 a month on it and you should be able to pay it off in a year. you might want to see if you can a weekend job. you will be dirt tired but you could put your extra money from that on to your pay and get it down even faster. |
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S Csparky
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no and when you start your new job
pay it off you will not pay all the interest if you
clear your debt off early.!! |
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starlet108
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No thats not much at all considering the average debt it way higher than that xxx |
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alatoruk
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no, it is not much |
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leambi
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Its not really a lot of debt, just check when you take out the loan that you can pay if off early without any extra charges so you dont get bogged down paying interest, the best thing to do is to keep all your debts to a minimum, preferably zero, just in case your new job doesnt work out either. |
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sick of extremists
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It's better as a loan than on your credit card unless you have an interst free period.
£1900 will take you a few months to pay off. It's not a huge amount of debt, HSBC should tell you how much per month it is. |
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funnycunny
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ha ha ha I remember when i was in debt by such a low amount. go for it sunshine.
just pay it all back asap so you dont end up in worse debt. |
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Jade
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err no not really |
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Lauren
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No.... you would earn that in a month probably so it shouldn't be too much of a problem to pay it off within a couple of months.
Get it paid off ASAP though so you don't have to pay so much interest, and next time you want to quit a job, find another job first! |
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Nicola
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That's a very low debt. I have more debt than that and earn less. I still manage fine - you would be perfectly comfortable I'm sure!!
Just check the interest rate on the loan and the repayment amounts. Plus the penalty fees in case you want to pay it off early (some loans won't even allow you to pay it off early so check that too).
If you are paying your credit card with the minimum payments, it may be an idea to get a £2000 loan and pay off your credit card with the extra - the interest will be cheaper. Plus the bigger the loan, the lower the interest rate tends to be on it.
Good luck with your new job - make the most of the next two weeks holiday!!! |
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Duke75
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You should be able to pay that back in a couple of months on that wage. |
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Mr-K-
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yes, address it sooner rather than later or it will build. |
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LJN1974
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any debt is bad debt,so as long as you can pay it off quickly no worries... just dont get sucked into borrowing over a long time.... |
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