AIBU to ask how much personal loan/CC debt you have?

We've maxed out credit cards and had loans worth thousands, paid all that off and got ourselves some savings.
Then DH was made redundant and we invested in a new business that didn't amount to much and back into debt we got but harder to pay it off with my wages. He took a job with a pay cut for a regular income and a few years later we're debt free with a savings cushion.
It's a hard joyless slog to climb out and I'm pretty frugal these days as a result.

Zero. Feels so good.

But 20 years ago it was 50k

2.5k left on an interest free credit card
I am about to borrow another 3.5k again on interest free credit card to loan 2k to DD for car and 1.5k for cat to have surgery 😞

Other than mortgage, none.

I don't have any. I have a credit card but I pay the balance off every month as I only use it for food shopping.

But I am a low earner and a single parent. In my situation debts could very quickly spiral out of control, no way could I afford big repayments. So I am very very careful to spend within my means.

In the past I had over £2k of debt from a loan and overdraft and there was a period in my life when I had to survive on £20 a week for all food, toiletries, leisure etc because I had so many repayments to make. I vowed never to get into that situation again.

Nothing. One advantage of being old is that we no longer have a mortgage. Our cars are getting long in the tooth, but belong totally to us.

Just mortgage

4K at the minute on a cc, which had a 15k limit.

We’re going to be clearing about half of that in the next couple of months and putting the rest on a zero interest card. I’d rather not have it of course but the payments are extremely affordable.

I have a fair bit. Two 0% cards with around 9k between them and my car has about 5k left in finance to pay. I just got rid of a loan and another card.

Payments were affordable and all low to zero interest and perfect credit rating but it was starting to scare me. Mainly vets bills and generally living beyond my means, nothing that extravagant.

£400 on a cc
No loans or other cards

I have about £400 on a credit card + loan. It used to be over 1k! Paying it all back now & only use cc for emergencies (limit of £300) most recently for Ddog emergency vet visit which we are still waiting for insurance to pay back.

We had £15k credit card debt. Paid it off whilst earning less than £7 per hour and my husband being unemployed.

We scrimped a LOT, and learned about side hustles to make extra money on the side. We did all sorts.

That was a few years ago now and I’m so glad we tackled it. We did it debt by debt, paying off the highest interest first then closing the credit card account.

No loans or mortgage (paid off thank god) just a cc bill of 1,200 that I pay the minimum on as its 0% but could pay it if necessary with savings.

2K on interest free credit card and 28K on mortgage.

£3k
I moved house and it was much more expensive than I anticipated
It’s 0% at the moment but I don’t know how I will actually clear it...

None at all. We (dh and I) decided to give all that up and live in a scruffy house that needs loads doing to it (which we'll get round to gradually) about 20 years ago.

We have had big credit card debts at times. It's a terrible feeling.

Around £2k on credit cards. I had a 0% card and the deal ran out about 6 months after I had to put a load of white goods on it.

Since then, I did a balance transfer, applied for a new card but never took it out of the envelope or looked at the pin. It's purely for paying off the kitchen. This time last year I was at nearly 8k so quite happy with how much I've managed to pay down.

I've got a£10k loan for a car but thats it. CC is used and paid off in full every month, normally around £200

I've been in bad places before, like ~£15k. Currently at zero debt but going through a bad divorce that's insistent on solicitor lead everything. I think I'm gonna be back in the bad place soon 😬

I’ve literally just finished paying off my Mia spent 20’s🤦🏻‍♀️ I’m 35. 5 years ago I owed €6000 on credit card, €700 overdraft and €16000 personal loan. And I drove a banger🤣 now I have no overdraft, no credit card, no loans, drive a nice car that I own outright, have a very healthy savings account and paid for a wedding without borrowing.
We’ve just got mortgage approval so hopefully we’ll have a mortgage soon but that’ll be it. Lesson learned the hard way

None
(Mind you we have no assets either... no car, rented flat, about £1000 in savings)

Thank you, yes I appreciate how lucky we are to be in this position financially. We’ve spent many years really struggling - we even had a local charity pay for us to fix our leaking toilet once as we just couldn’t afford it! Once you get into debt it becomes such a spiral and sometimes if you are low income you really can’t manage without borrowing - especially if you own your own home as we do (house repairs etc).

Good luck to everyone trying to pay off debt

About £18 but its been a long hard slog to get there, some good luck too. I hope it all works out for you, the relief of not living in my overdraft and not owing money is immense.