Just out of interest, what are people borrowing money for?

Russe11 · 1 January 2011 at 11:52PM

Be it Specific Items or other reasons.

Dellers · 1 January 2011 at 11:59PM

most likely to pay pack the credit card bill from December.

immoral_angeluk · 2 January 2011 at 10:33AM

I have a car loan. That's my main debt and I have one credit card with a balance on it just for emergencies but I'm looking to have it cleared soon.

kev.s · 2 January 2011 at 10:11PM

2 properties both settled by end 2011, credit card i never used. i find saving makes the purchase more meaningful

[Deleted User] · 2 January 2011 at 10:55PM

took out secured loan at 4.79% to replace non secured loans at 8.9% and 21.9%

KingElvis · 2 January 2011 at 10:59PM

To have my schlong extended.

WASHER · 2 January 2011 at 11:01PM

Mortgage.

No longer have credit card debt or HP (although I would like a new sofa later in the year).

riverboat2001 · 3 January 2011 at 3:06AM

Mortgage only

whatyadoinsucka · 3 January 2011 at 7:45AM

Debt

mortgage (less than 1.8x Earnings)
(£500) 2x Chest of Drawers, 32" Sony per hotukdeals John Lewis (0% Virgin purchases until Nov 2011) To be paid off before then
Window Cleaner 2x£2.50
my mum £8k Borrowed to reduce LTV on house and save 2.2% on the Mortgage Interest Rate (now paying 2.5%) (only £1k to repay now), although she reckons its only £7k.
Usual Credit Card ebt to be paid off before due date circa £250-£800 per month

and i got £40 in my back pocket, now can i have that 'payday' loan

Derivative · 3 January 2011 at 8:13AM

whatyadoinsucka wrote: »

Window Cleaner 2x£2.50

Gave me a good laugh.

Myself, I'm after a nose job, anyone got 25k spare?

whatyadoinsucka · 3 January 2011 at 8:14AM

not the best cleaner, but he's cheap..

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