One Debt you wish you didn't agree / sign / didn't do!

learning_to_drive

Mortgage not included as it's cheating a bit.

If someone said you could cancel one debt, make good one bad money decision, which one would you clear?

Personally, It would be my car, I would try harder for a loan, I ended up having to get a car, then realising it was too expensive and dealing it back in, so now I have a car that is great but on 27.9% APR. Plus its the biggest sum of money too!

Disaster, what are your personal debt nightmares? Worst debt you have?

Broken_hearted

Halifax credit card its not the biggest debt we have but they are the biggest bunch of muppets we have had to deal with.

saintly_2

MBNA credit card it has to be!! its not my worst debt but the call centre staff are pains in the rear end!!!

kev84

I don't really have the worst debt right now but i wish i had never agreed to £11,000 worth of finance on a crappy citroen when i was 18!! I voluntary terminated that agreement in march!:j

Kev

iceicebaby

think it has to be just over a grand on a kirby ........ dont ask!

Gemmzie

Broken_hearted wrote:

Halifax credit card its not the biggest debt we have but they are the biggest bunch of muppets we have had to deal with.

Oh no.... I have to deal with them :eek:


The bleeding secured loan - stupidest thing my parents did

Mrs_Sparkle

I wish I'd never taken out a £16K loan with Egg to consolidate my CCs. Less than a year later I was in even bigger trouble. I wish I'd found this website at the time instead of rushing into a loan. That's one mistake I won't be repeating!

rog2

Other than MBNA, who I WISH I had NEVER heard of., I think BLAK HORSE Finance have got to be the one single WORST EVER CREDITOR. I had a Car Finance agreement with them and only found out that it was 'unregulated' when I asked them for help. :mad: :mad:
They made my life (before I came accross this forum) ABSOLUTE BL**DY HELL :mad: :mad: :mad:

Tracey173

A car - financed by Yes car credit - don't even have the car now due to illness but still owe over £5,000 on it:eek: I wouldn't mind but it kept breaking down & cost me a fortune in garage bills. Brought a £250 fiesta to replace it & its turned out to be my best ever buy - never breaks down & really cheap to run.

melaniec_2

Having a student overdraft, it set the pattern for most of my life until last year when the bank cancelled my overdraft and dropped me in it. But I've had to spend the last year with just a cash card and its made me think more about spending so at least I've learnt now.

Deela_2

kev84 wrote:

I don't really have the worst debt right now but i wish i had never agreed to £11,000 worth of finance on a crappy citroen when i was 18!! I voluntary terminated that agreement in march!:j

Kev

I have £1150 overdraft on my lloyds account,which nevers come downs as banck charges keep tipping me over each month,does anyone know if I applied for my bank charges back will they close my account and req the money back?????? please help if you can as I need to know this before I can start. Thanks:D