Debt Debt Debt

homelessskilledworker

Thats all I have heard today....

1. Endless adds on pay day loans
2. People with debt problems being ripped off by furniture/appliance that charge by the month and up screwing customers for mthree times the actual price.
3. People taking out an alternative to bankruptcies, record amount of young people
4. Debt advisors expecting record calls come next week

All over the radio today it is just a message "Debt is going to get worse"

I know Dan thinks it a good idea that he is up to his neck in mortgage and personal debt, and he thinks everyone else should be. But I personally thank my lucky stars that I have lived within my means these past few years.

wymondham

You'll hear much more once we get the New Year out the way.......

TruckerT

homelessskilledworker wrote: »

I personally thank my lucky stars that I have lived within my means these past few years.

I think you are likely to be disappointed - my advice to you would be to incur as much debt as you possibly can and expect the government to bail you out

TruckerT

Dan:_4

homelessskilledworker wrote: »

I know Dan thinks it a good idea that he is up to his neck in mortgage and personal debt, and he thinks everyone else should be.

eh? Dan has no mortgage and stuck in renting for at least the next 2 years!

kabayiri

homelessskilledworker wrote: »

Thats all I have heard today....

1. Endless adds on pay day loans
2. People with debt problems being ripped off by furniture/appliance that charge by the month and up screwing customers for mthree times the actual price.
3. People taking out an alternative to bankruptcies, record amount of young people
4. Debt advisors expecting record calls come next week

All over the radio today it is just a message "Debt is going to get worse"

I know Dan thinks it a good idea that he is up to his neck in mortgage and personal debt, and he thinks everyone else should be. But I personally thank my lucky stars that I have lived within my means these past few years.

1. Pay day loans - very profitable for those who supply them, *kerching*.

2. Rent To Own - profitable to the supplier - a lot of repeat business too - people get locked into this ownership model as does 1 - *kerching*

3. Bankruptcy / IVO / DRO advisers - its a good money earner and a lucrative line of people desperate for help, *kerching*.

4. Byproduct.

The *kerching* factor is why we will never be rid of these products. In fact, new ways of making money from the needy will be found in the future.

sabretoothtigger

Fix your debt interest, take the hint. The market is saturated, it'll be a tide change there no loans available

ess0two

I,m contemplating purchasing an Omega seamaster,gonna cost 10% up front and £62.50 x 36 months 0%APR,sorely tempted

sabretoothtigger

If we get hyperinflation that could be a bargain Is 5 years an option also

JonnyBravo

ess0two wrote: »

I,m contemplating purchasing an Omega seamaster,gonna cost 10% up front and £62.50 x 36 months 0%APR,sorely tempted

Bought myself one for my b'day just over a year ago. Only £2080 I think back then. Lovely. Absolutely lovely.
Inflation on them has been steep this year!

ess0two

sabretoothtigger wrote: »

If we get hyperinflation that could be a bargain Is 5 years an option also

12/18/36 months 0%,could buy out right,or squeeze 18,but deals like this tempt me.

Also something nice to pass onto my son when i pop my clogs,lol.

ess0two

JonnyBravo wrote: »

Bought myself one for my b'day just over a year ago. Only £2080 I think back then. Lovely. Absolutely lovely.
Inflation on them has been steep this year!

Torn between planet ocean,orange bezel,slightly dearer and seamaster automatic chronograph,black face/bezel.