To ask how much debt you have?

[Wellisayohyeah]

Where it is from, and if you're paying it off?
Does it worry you?
I have 500 on a CC, 500 on a personal loan, about 300 on an Argos card and 300 to a Monzo overdraft.

I also have my mortgage and student loan but not counting!
The above figures are what I've got it down to now and what's left to pay off.

None

1500 Monzo overdraft, this has been there for over 4 + years. From what I’ve read about Monzo I’m not sure if they can legally peruse me on this due to regulations at the time ? It’s been in the press a lot and I’ve researched it but it just goes round in circles with them.
1100 overdraft… trying to get this cleared !

My mortgage is paid off and I don’t really have big outgoings but my partner is in debt and paying off things he did in the past so I’m constantly helping him out. I feel like every partner I’ve had has enjoyed their past and I meet them when they’re paying back their previous good times !!

Going to be honest and show the other side of the coin - I’m 32 and well, I have bloody loads. About £25k to be exact, split across credit cards and 3 loans. Not even sure how it got to that point. Lost a job, put a months worth of bills on and it basically spiralled. Started topping loans up to pay off cc’s, then put the money back on them. A real shit show.
2 months ago cut all cc’s up, moved to interest free ones. Thankfully in a really well paying job so aiming to be free of it in 2 years but yeah, it’s hard going sometimes. Had absolutely zero financial education, and will be making sure DD never makes the mistakes I did.
I've been in a similar situation and it is very stressful. I is hard going to get out but keep on keeping on, there's a light at the end if the tunnel.
You'll love the feeling once you are debt free!

180k mortgage but nothing else. Should have that paid off in 5 yrs

Excluding mortgage - none.

Hoping to be mortgage free within 5 years (we're mid-forties).

I’m going to spin this around based on other threads on here. Do you have kids? Do you help them financially or significantly in kind?

feel free not to answer obviously but I’m wondering how much the support we are giving our kids is going to impact us in the future and well it’s got me thinking (not about withdrawing the support!)

£70,000 on mortgage and £3500 ISH on car finance. No credit cards. Got into debt a few years back and it frightened me. Never again. If I can't afford it, I don't have it.

12K not including mortgage plus some rolling debt every month (like Amex for points that I pay off every month)

my husband has another 15k

plus an insane mortgage (we are in london and just bought a house)

I'm quite surprised more posters don't have car debt based on what I see on the roads!
I have mortgage, car finance, & some on my credit card (0%).

Before my divorce we were mortgage free and drove old, old cars.
The divorce wiped my savings, I bought ex out and took on a mortgage and now drive a decent car that I got on finance. I have more debt but I am more financially secure and I'm a heck of a lot more happier.

This thread is clearly not representative of the UK.

Well done for getting it down! Apart from my mortgage (paid off about 15 years ago) and a very small student loan (also paid off), I've never been in debt - debt frightens me and I'd rather do without. I do have a credit card but always pay it off in full straight away. I've never had much money so I'm quite careful with it. But I recognise that times have changed. Credit seems much more common nowadays.

Nada

About 34k between a loan and cc- I had to have emergency surgery that the NHS refused to treat! It was a lot higher 😬

A fair chunk at the moment, but with a plan. A very new 5k on a personal loan to stretch the home repairs/renovations budget, £1600 on a 20 month 0% card, paying for pets to be looked after during the work and for flooring.

Then I have £400 left on my 0% kitchen agreement, this is scheduled to end at the beginning of August with a smaller final payment.

So in all, around £7k of planned borrowing. We are hitting the personal loan hard, and then just putting the money aside each month for the 0% card and letting it accumulate interest. We’re relatively new homeowners, so the home repairs and renovations are a necessity. If we didn’t have pets we would have probably done things in more stages and saved to pay outright, but with it being such a pain to get the pets looked after it made the most sense to borrow a bit to get it all over with at once.

It feels like a bit of a revolving door of expenses at the moment, but it will be ok.

No debt apart from.paying a mortgage on a second property to help DC. Our mortgage has been paid off. We are in our 50s.

It wasn't always like this. We definitely used to live beyond our means and had a lot of debt in our 30s and it was very stressful. We live simply now buy most of our clothes and furniture second hand and camp or take a trip abroad every so often when it is out of season.

I owe about £3000 for a student loan I had 5 years ago; no mortgage. I have about 20 years till I retire, but I only work 15 hours a week anyway.

Nothing at the moment - have previously been in a lot of debt but nothing for nearly 10 years now. Mortgage free.

However going to need a new car very soon (we always buy second hand and run them for years and years but this one has officially given up the ghost) and may need to take out a loan for that though - savings are all taken up by a house move. Poor planning on our part that they come together. Find it pretty scary to contemplate debt again time be honest - still deciding what to do.

Same only it’s 3 years for my student loan. Mortgage 12

Currently on 6k, down from 17.5k last July using the gazelle method. I got myself in a mess thanks to poor mental health and furnishing a house from scratch.

It's been so brutal feeling like I've signed away a year of my life that I've vowed no credit cards for me again! It's just not worth the risk.

I’m managing the debt fine and it should be paid off within a year. I’ve never had late payments etc. I think it’s just a case of cutting my cloth until it’s paid back.

No debt here as paid off mortgage a couple of months ago. Pay credit card monthly in full and have never leased a car.
Grandparents wise words growing up was never to spend more than you have. If I can’t afford a new shirt, but really want it, I go without until I can afford it.

I’m going to spin this around based on other threads on here. Do you have kids? Do you help them financially or significantly in kind?
I have posted a couple of times.es but I have zero debt. I have two credit cards and they are at 0 balance and I have no mortgage ( none for 8 years). I have two adult children who both were 22 when they got a mortgage on their respective homes.
We didn't give them money towards deposits or anything, that was on them. We did buy white goods.
Things we did for were the usual things when they lived at home, driving lessons, bought them a car each, car insurance until they left home, phone contracts etc.
These days one of them earns twice my salary and the other one at 25 is on similar to me but will soon overtake my wage. They don't need my money but I still treat them with concert tickets meals out, occasionally a week or weekend away. The funny thing is they do the same back to us.

God I’ve got tons at the moment, but just bought a new house that ended up needed emergency work doing to it and carpets replaced.

student loans
mortgage- £100,000
personal loan- £15,000
car- £3500
credit card- £1000
furniture- £800

It will be paid off in 4 years though and it needed doing.

£260k mortgage. About £5k on my CCs and DH has about £5k on his CCs. Car lease. Could pay the credit cards off today with savings but we prefer to leave the cash earning interest while the debt is all on 0%. Having debt doesn’t really bother me. Always something I’ve used to my benefit since I first took student loans all those years ago. I work in banking so I know how to juggle it all.

Yes these threads always attract the debt free ones who love to proclaim “None!” … or the ones that shame others for having debt.

These threads attract far more people who want to use the opportunity to say they have zero mortgage and zero debt than those who want to share. Which I’ve always found a bit strange because if someone is asking how much debt you have and the answer is zero then surely it’s not a thread you need to respond on🧐