Worringly Easy to get a Loan

when i was married, my ex had a good job and people kept throwing credit cards at us. we kept swapping and intended to cut up the old cards but never did. when we split we luckily had the house to sell which cleared nearly all the £75k debt

now a single mum and could do with credit to live and no one will give me a penny so i had had to learn to adapt and get on with living within my means.

hard lesson but getting there.

Banks only lend money to those who prove they don't need it.

Had 11 credit cards, not store cards, but credit cards. My second wife had a very good job, about 5 times or more my income. We had a detached house, double garage in Surbiton. Well ,of course, it ll went t*ts up and I left. Rented room and crappy job. Still 11 cards though and a perfect credit record. In the end, although I was taking out of my bank account more than my meagre salary in, my bank was given me PRE-approved loans, and the card limits were being raised regularly.

So here I am. £90,000 plus in debt. No house, or assets. 3 CCJ's so far and agreed payment plans to the rest of the creditors, like £5 a month to Amex (£9,500 owed). But I'm happy. Can't get finance now, Phew!

So no complaints from me c'ept to say that the financial institutes do make it very easy to get into serious debt, although,obviously, nobody forced me to take the money!

wow you have made me feel good. but its true money does not buy happiness, saying that i could cope with being miserable in comfort lol

[timwilky]

Well the nicest feeling I ever had was when I walked into my building society to make my mortgage redemption payment. I was worried through the first 10 years of my mortgage that I might not be able to afford it and then for the next 5 years I knew I couldn't as the kids got more expensive.

So for me, My payments on the daughters flat finish in September. A personal loan that I took out 2.5 years ago finishes in October and whoo whoo I will be £750/month better off come November.

Scares me that I am now looking to buy a holiday home somewhere.

At the age of 18 I discovered 'credit'. One year later I was over £30'000 in debt and had almost nothing to show for it. I was young and stupid and the bank loved me (for a while). 11 years on I now have a squeaky clean credit rating, in fact they tell me it's 90% higher than most other's, although that's nothing to shout about seeing as the majority of people are in dire straits. Basically, I met my wife and she sorted me out.

Originally Posted by Kwakadan

Basically, I met my wife and she sorted me out.

Steady on!

Originally Posted by Baph

Steady on!

Oh yeah and she helped out with money troubles too............


Fnaaaar!