Would you be put off someone with 2k of debt?

[Medusa0987]

If they had no CCJs, IVAs etc. And were paying it off. Also if they were employed and genuinely had a plan to fully pay it off.

It depends on context……if it was someone who was flaky with work, gave hints of trying to be a cocklodger and sofa surfing or living with parents then debt would be more significant than a home owner with a good job and strong work ethic. I sank everything into buying my home after my divorce and then had to get a loan for a new roof!

That's a really small amount compared to many people really, haven't we all had ccs?

No

2k? Your having a laugh 🤣

No. £2k is nothing - one month's credit card bill. If that's all they have, frankly they're a catch. But why on earth do you think you have a right to know this, OP?

No, it's nothing.

No. That isn't a huge amount of debt.

hes balanced funds to get on the housing ladder, so I’d be ok with that as long as he planned to pay it off

If he’d borrowed 2k to go on holiday or get a tattoo, I’d assume he had no common sense financially and this could be a problem long term

£2k? Wouldn’t even think about it.

Probably not but it would depend on what it was for. Car finance, loan for home improvements no problem, mortgage only being 2k would be impressive. Debt from gambling, drugs, nights out when they still live with parents would be off putting. Debts for designer clothes or a lavish holiday they can't afford I probably would be put off but could get past it if they were young and working on clearing it.

It's 2k. What's the problem? He's not asking you to pay it, I'm guessing.

No. There’s a reasonable explanation for the debt and he has plans in place to pay it off.

It’s a bit different to another thread whereby a 59 year own rents, no job, no pension and has 30k of debt, but isn’t worried as his unfair dismissal compensation (he hasn’t won the case yet) will cover this…

Depends where the debt is from, if it was credit card debt with nothing to really show for it, wages blown on nights out and fancy shoes and holidays on credit cards.

Then I don't think that is someone I'd be financially compatible with.

But debt because they've been doing up a house I can understand, lots of projects end up costing more than planned, esp in older properties.

Op you are right to question it early in the relationship, loads of relationships fail because ones a spender and ones a saver. Which can and does lead to resentment when ones scrimping on stuff to build a savings pot and the other is blowing their money on nights out.
You just need to read the relationships board and there's always someone being abused financially or resenting their partners attitude to money

£2k isn't very much. I assume it was a short term solution and will be paid off.

Unless they are on the bones of their arse £2k isn’t much really. I probably have that with various bits and bobs and if I felt so inclined I would clear it in a couple of months

Depends on their money attitude & reason for debt. If for a house & only 2k essential renos, that would mean to me that the person's financial future looked bright. If you were, instead, just poorly managing money, then no.

I work in financial advice support now, and see the dire situations some are in from poor money management or a partner with an expensive hobby. Love definitely isn't all you need & it's sensible to consider financial position.

So tell us OP what is your financial history. Do you have no debts at all? A clear and 100% record? Do you own your home and car? Anything bought on finance?;

Where the renovations essential (boiler, broken windows, no locks) or things that could wait (new kitchen, carpets, decorating).

No. £2k isn’t much tbh.

What is backstory and why are you asking now what has happened?

I'd think bigger picture than the person having a £2K debt. If I thought like that my DH and I would never have happened. Nowadays life is bloody hard for many many people, they don't need to be defined by their debt.

if the person is doing their best with the life they have, then that's what would make me form opinions about them as a human being, not whether they've got some debt.

I'm sorry but I lol'ed at the thought of walking away from someone because they owed money to Tapi Carpets rather than Bob the Builder.

Hilarious.

If someone had truly accrued that debt for a temporary cash flow issue, I would expect they have a plan to pay it off over the next few months. If they don’t, then I would worry.