Declined £320 credit

broad-sword_2

Having gone , I figure the finance world needs to get joined up, stop folk going wherever to get what they want.
And yes, I feel quite comfy on my high horse (gives me a better view of things than grubbing around in the dirt for the next 'free loan/credit or whatever').
Zero debt, zero worries.....

RuthnJasper

Before my IVA, my bank & credit card providers were more than delighted for me to rack up over £28K in debt. And when my bank was told that I was going down the IVA route they tried everything to sell me another "consolidating loan" which would put me way over £30k in debt.

Fortunately, by that point, I had woken up to my own stupidity and stopped digging myself any deeper into the hole in which I'd gotten myself.

Not yet defaulted on the IVA (only 1 year left to go...), I have no iPad, no Smartphone, no Sky (no TV at all any more, in fact) ... and I'm happier than I've been in ages. If you're not happy without the gadgets and gizmos you'll NEVER be happy with them. And, ultimately, none of them are worth getting into debt for.

BugsyBrowne

RuthnJasper wrote: »

Before my IVA, my bank & credit card providers were more than delighted for me to rack up over £28K in debt. And when my bank was told that I was going down the IVA route they tried everything to sell me another "consolidating loan" which would put me way over £30k in debt.

Fortunately, by that point, I had woken up to my own stupidity and stopped digging myself any deeper into the hole in which I'd gotten myself.

Not yet defaulted on the IVA (only 1 year left to go...), I have no iPad, no Smartphone, no Sky (no TV at all any more, in fact) ... and I'm happier than I've been in ages. If you're not happy without the gadgets and gizmos you'll NEVER be happy with them. And, ultimately, none of them are worth getting into debt for.

Damn no Tv & No sky don't know what I would do without watching supersaturday & supersunday on skysports.

Mind you I ain't in debt so it don't matter.

RuthnJasper

BugsyBrowne wrote: »

Damn no Tv & No sky don't know what I would do without watching supersaturday & supersunday on skysports.

Mind you I ain't in debt so it don't matter.

Hi Bugsy! I DID miss it to begin with - Sports and Comedy stuff in particular - but it was a necessary evil... The sacrifice is also a good way of ensuring that I never get my finances into such an awful muddle again in future.

geoffky

DID you buy twenty ipads?

KingElvis

Amazing how worthless electronic tat like phones and ipads tempt people into spending money they haven't got on rubbish they don't need.

Go figure.

poppasmurf_bewdley

KingElvis wrote: »

Amazing how worthless electronic tat like phones and ipads tempt people into spending money they haven't got on rubbish they don't need.

Go figure.

I was figuring out how someone who couldn't afford to pay cash for an iThingy could afford to take out and service a £10k loan.

KingElvis

poppasmurf_bewdley wrote: »

I was figuring out how someone who couldn't afford to pay cash for an iThingy could afford to take out and service a £10k loan.

A good imagination and the abilty to stick ones head in the sand.

pheonixrising21

Apples2 wrote: »

Figure out how 10k plus interest is going to be repaid without a hitch probably.

What makes you say this? The OP gives no indication of monthly payments.

Its negative comments like this which annoy me. There is no reason for such a comment. How do you know there will be "a hitch"?

pheonixrising21

poppasmurf_bewdley wrote: »

I was figuring out how someone who couldn't afford to pay cash for an iThingy could afford to take out and service a £10k loan.

The loan for the iThingy was interest free. Why would you not take the credit? Personally, I would much rather give Tesco the money slowly over six months than all in one go, no matter how much cash I had in the bank. If I had the cash to cover the cost of 100 iThingys, I'd still take 0% on one!