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[Marks DTM Calib]

I have to say that I think the real dangerous situation is not knowing how much debt you have !

[shyboy]

Learnt my lesson many years ago as a youngster and spent the rest of my working life ensuring that I never got over my head. Thankfully been completely in credit for many, many years. It's a very comfortable feeling and worth striving hard for.

[Martin_1962]

1 mortgage
1 consolidation loan
1 finishing next year car loan
0 credit cards

[doog]

well im one of the ones on the yellow line  and officialy in the shit
ah well   :-/ :-/

[markey mark]

im not too bad about £2000 but have a £90k mortgage !! only one credit card £500 limit just for emergancys and overdraft but have a wife and three teenage lads !!

[waspy]

No dept at all & just the way i like it. My parents taught me that if you can't afford, you don't buy.
I save for what i have & for me that's the best policy

[Darth Loo-knee]

No dept at all & just the way i like it. My parents taught me that if you can't afford, you don't buy.
I save for what i have & for me that's the best policy

Had to chuckle at this as I am sure all parents say the same thing to there kids, but do we listen?
I for one didn't, had loans for motorbikes and cars etc and had to learn the hard way.
Ain't go no debts now though but feeling the pinch at the minute

[The Red Baron]

My pub company went bust for around the 50k mark. currently about 1200 on loans. No credit cards or overdafts.

[Mr Skrunts]

Currently £100 on CCard.  Plus Phone Bill.  Everthing else paid by Direct Debit or Standing order.  Mortgage paid off and some pennies in the bank for back up.

[Kevin Wood]

I've never been prepared to go in to debt for anything other than a roof over my head, and I plan to be rid of that debt in a few more years. Something doesn't "feel" like it's mine until I've paid for it.

I guess it's a bit like smoking. If you don't start the habit in the first place it's easier not to lapse into it.

Kevin

[Martin_1962]

My total debts including mortgage are less than 2/3rd of my house value

All dropping quite nicely now

[Andy B]

.....
I for one didn't, had loans for motorbikes and cars etc and had to learn the hard way. ......

If you can afford the repayments for a loan for bike/car/whatever, I can't see a problem. You know you're gonna pay more for the item than if you'd saved for it .....

[Humpy]

Got a couple of quid on my credit card and 24K on a Mortgage otherwise nothing. I'm like others on here, if you can't afford it, you can't have it, that's why I paid £500 for my Elite estate

Humpy

[Omegatoy]

am only indebted to some of the guys on here for all the help they have given!!!

[Markie]

Just a mortgage.

Do Have 9 credit cards between me and SWMBO, 5 clear, 3 less than 20% of balance and intrest free (balance transfers) and one that i use for petrol etc and clear monthly.

Savings far outweigh Credit Cards easily so i`m saying no debt.