Debt Problems solved - Sort of..

cmjohnson_86

I have some brilliant news for the new year, I have been talking to my dad over the last few weeks about my debts and he agreed to help me by getting a loan for me in his name a few weeks ago and today he gave me a cheque of £2,500 which will clear all my debts and I'll have a little left over to start off with, But it got better for me as my dad told me that it was actually his money and I wouldnt need to pay any interest which is great :j

So we agreed that I'd pay £120 p/m back to him until its paid off, So the new year looks like its got off to a great start ! Just want to say thanks to everyone for there help and support.. I will definately be using the site still to keep me out of trouble and to help me move on with life in the right direction!


THANK YOU & A HAPPY NEW YEAR :beer:

ivyleaf

That's great news CM! But just don't do what our son did. His Dad took out a loan on his behalf, to clear his debts - but he got overconfident and was soon back in debt again, because he didn't cut up his credit cards!

Happy New Debt-free Year to you, but be warned and get those scissors out!

tattooed_lady

That's really nice of your dad. As the other poster said (and don't take offence cos I mean it in a nice way) make sure you don't let him down by running up any more debt (I'm sure you won't!!).

Great start to the New Year!
All the best to you x

cmjohnson_86

Thanks alot. I have already cut those horrible credit cards ups, Looking forward to a debt free life from now on. Thanks again & good luck to everyone else.

citygal

Thats fab news! Hope 2006 is even better than 2005