Wipe slate clean with debt amnesty

chopperharris

MrFonzerelli wrote: »

Other than wanting us to live like Smurfs.
Who gets to wear the red hat?

actually no hat at all , as it is the first three letters of the word hate and hate is deemed bad therefore banned.

Demolition man as misqouted above offered as a parable of utopia?

Or the time machine in that there is utopia in being someones food and in having a true freedom but only in true ignorance?

I also have a theory that the forbidden fruit in the garden of eden was free thought.

pickles110564

I rekon it is just a ruse from Broon so that the half wits go out and run up loads of debt to help kick start his great vision.

bendix

ninky wrote: »

i have no unsecured debt or personal interest in having unsecured debt written off.

Oh. Right. Maybe I'm confusing you with another poster called ninky who told us the story - in this thread - of her OH and his £18000 unsecured loan and how she intervened to get his interest frozen and repayments reduced.

My apologies. It was an easy mistake to make.

chopperharris

bendix wrote: »

Oh. Right. Maybe I'm confusing you with another poster called ninky who told us the story - in this thread - of her OH and his £18000 unsecured loan and how she intervened to get his interest frozen and repayments reduced.

My apologies. It was an easy mistake to make.

The game is afoot trollock holmes:beer:

Another case of utopian ideaology sadly busted , or formulated from it then reinforced because of personal experience?

Is OH debt shared debt in the eyes of the law , perhaps this is the communist dispersion of wealth in action , in that a contracted debt is not paid as contracted or at all?

This renegotiation of credit repayment has got me thinking , what if lenders were to do the same but demanding more interest ie financial hardship rules?Perhaps the bank bailouts were a good option then , no?

ninky_2

bendix wrote: »

Oh. Right. Maybe I'm confusing you with another poster called ninky who told us the story - in this thread - of her OH and his £18000 unsecured loan and how she intervened to get his interest frozen and repayments reduced.

My apologies. It was an easy mistake to make.

correct bendix, your facts are correct but your assumptions are not. you suggest i am motivated from self interest.

the payments of my OH debts are £50 a month fixed. i pay double this to charity causes so if i was really fussed about keeping an extra £50 a month it would be easy enough to do.

chopperharris, this debt was taken out before we met, so it is not legally shared, although in reality it is.

when repayment was renegotiated with the bank my OH had NO assests and NO income. he was also subject to an immigration reporting order so could have been deported or taken to harmsworth or any of the other holding centres at any time. in effect, the repayments were unenforceable by the bank. it is no surprise that they accepted my offer of frozen interest and lower repayments (he had been using the loan money itself to pay the ridiculous £500 a month with PPI until it had run out). i could, i am sure, actually have got the loan written off. the fact that i paid out of my own pocket for several years could in fact be seen as a charitable act to both my husband and the bank.

greed and self-motivation?

on a micro scale it is not self interest. on a grander scale it is. i'd like to live in a better world. do as you would be done by etc.

vivatifosi

Out of interest ninky, and this is not a dig at you or your OH but those who handle credit in this country, but can you please name and shame the organisation(s) who were daft enough to offer your OH substantial unsecured loans at a time that he was an illegal immigrant with little or no income?

ninky_2

lloyds tsb.

ninky_2

he also had a lloyds tsb credit card maxed out to £4000 which i also paid off.

ninky_2

and now my taxes are paying for their stupidity. grrrrr.

through him i know many others who got large loans as illegal immigrants so it wasn't just him.

vivatifosi

Thanks for your honesty ninky. I was shocked by your response. For some reason I expected you to name some of the big credit card companies - say MBNA or Capital One. Or possibly one of the banks that had a reputation for going out on a limb with risky lending - say Northern Rock. I didn't for one minute think you'd give the most staid name on the high street.