How much did you owe to go br

maxmycardagain

my actual total was about £60K, HSBC loan £8K, overdraft £1500, Visa,Mastercard with Virgin/Coop/YB,RBS,Marbles, did i miss anyone?

NONE of these appear on my credit file as all were upto date when I went BR, I was too damn quick for em...

eklynne

headoutofsand wrote: »

Not quite. 25 years and your student fees are wrote off. Some of my daughters mates including herself all have jobs worth less than the £15000 a year the threshold for payments. In some cases a deliberate act, some of them have gone abroad to work in poor countries like this one where they get paid hardly anything. EX : Working in the voluntary sector for Unisef and such other organisations. Some went BR, anything to get out of paying. Bless em.

Student loans aren't written off in BR.
Nah, no more dodging debts for me. I've learned my lesson! I'm doing a teaching degree and have no intention of slogging my guts out for 4 years to get a job that pays less than 15k. I'll just grit my teeth and pay up when the time comes.

headoutofsand

eklynne wrote: »

Student loans aren't written off in BR.
Nah, no more dodging debts for me. I've learned my lesson! I'm doing a teaching degree and have no intention of slogging my guts out for 4 years to get a job that pays less than 15k. I'll just grit my teeth and pay up when the time comes.

They were when my daughter went. My daughter and her pals are very militant and despise the gov and their pals. They object to the fact they have to pay for their education and woe betide anyone who disagrees with them. In their book anarchy in the UK is still at the top of their agenda.;)

headoutofsand

What?

headoutofsand

headoutofsand wrote: »

What?

Blimey> My first contact with a troll. wow, must of been the militant daughter and pals that fired the troll up.

headoutofsand

headoutofsand wrote: »

What?

Sorry about the confusion. A troll jumped in and then with a blink was gone, so if all this seems rather crazy it is. Me being taken by suprise for once.

philnicandamy

causing trouble again HOOS?

ThreeQ

£40K
How? Students debts to start with, never really went away and grew. At the end it was a personal loan, overdraft and credit cards.
I don't really feel I spent recklessly - I certainly didn't end up with lots of clothes, CDs or electrical goods at the end of it. For a time (~2003) it looked like I was going to pay it off. Then some job changes, periods out of work, and things got worse.. there seemed to come a time (when I looked back) that the debt began to feed itself (especially credit card debt) and just grew and grew...
It was one year ago today, so now I'm "discharged" and debt free
For anyone on the brink, I spoke with the CCCS and they were a great help to me.
Afterwards, I got a Co-op Cashminder account and that's done me fine since then. Income is enough to live on, I'm single in a rented flat.
Is why I'm here actually, I'd be grateful for any advice on what steps to take next to rebuild my credit reputation. Had lurked for a while, but joined up so I can ask the question.
For example, should I (can I?) get a credit card, make a purchase and pay off every month to improve my standing? Any other action I should take now?

bluey1234

I think we may have the most - we went BR just over a year ago for over 216 000 - which we had had for over 5 years - at over 6000 per month repayments- absolutely shocking I know and I really have no idea how we managed to last so long before going br

tomterm8

What caused that, bluey? was it a business failure?