We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The big debt debate

2

Comments

  • Trishiapp wrote: »
    I complete agree with you cassman!


    Drama always draws people in, since it serves as a distraction from one's life problems. This I have noticed by receiving the most comments on my more challenging and controversial posts on here.


    Apart from her loud voice, she does not bring anything meaningful to the table. In fact she reminds me of a church bell: very loud, but hollow inside!

    Haha, yes, definitely.

    I always wonder if she doesn't do it with a bit of irony... I mean, the faces and stares she does when someone else is talking are almost funny.

    I always remember the "Sachsgate" row with Ross and Brand... It was on the radio late at night and received around 200 complaints... A day or 2 later when it was all over the news and in the papers, it had all of a sudden received 10,000 complaints... Clearly from people who hadn't actually been listening at the time! :rotfl:
    It all takes time and time is money,
    money talks and talk is cheap.

    - David Ford
  • runforlife
    runforlife Posts: 445 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    edited 18 March 2014 at 10:52AM
    Katie Hopkins? Never heard of her. Must live a sheltered life or not watch a great deal of tv.

    Just googled her: LOL ! This is why I haven't heard of her. "Katie Olivia Hopkins is a tabloid newspaper columnist, former British reality television contestant."
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    From reports from people who attended, she is a completely different person when the cameras are not on her.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • runforlife wrote: »
    Katie Hopkins? Never heard of her. Must live a sheltered life or not watch a great deal of tv.

    Just googled her: LOL ! This is why I haven't heard of her. "Katie Olivia Hopkins is a tabloid newspaper columnist, former British reality television contestant."


    Me neither, I must go and check out Katie Hopkins to see what all the ballyhoo is about...:rotfl:


    Debt free 4/7/14........:beer:
  • fermi wrote: »
    From reports from people who attended, she is a completely different person when the cameras are not on her.

    I can honestly believe that.

    I do think the "my way is the right way" attitude is for show. Credit where credit's due - she gets people talking about big issues.
    It all takes time and time is money,
    money talks and talk is cheap.

    - David Ford
  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
    Tenth Anniversary 1,000 Posts Combo Breaker
    Here's the data about our callers and their debt levels, this was taken from January's data:

    How much debt were our callers in?
    • 39% of callers owed between £1 and £5,000
    • 32% owed between £5,000 and £15,000
    • 12% owed between £15,000 and £25,000
    • 9% owed between £25,000 and £50,000
    • 4% owed between £50,000 and £100,000
    • 1% owed over £100,000
    The figures do not include mortgage or secured loans unless our callers had arrears - and we would only include the arrears figures in the calculation.

    Hope you find it useful.

    David @ NDL.
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
  • redpete
    redpete Posts: 4,738 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Trishiapp wrote: »
    Having read many stories on here, I honestly do not think you are that unusual. What is unusual and admirable is that you are dealing with it. Well done :)
    The stories on here are from people stuggling with debt - so a rather skewed sample. Even the National Debtline figures (again from people struggling with debt) show that £30k is unusual.
    loose does not rhyme with choose but lose does and is the word you meant to write.
  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
    Tenth Anniversary 1,000 Posts Combo Breaker
    redpete wrote: »
    The stories on here are from people stuggling with debt - so a rather skewed sample. Even the National Debtline figures (again from people struggling with debt) show that £30k is unusual.

    Five years ago, the figure for those with debts between £25,000 and £50,000 was around 20% - so it has actually reduced quite significantly.
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
  • Averages are pointless, without the standard deviation, without knowing if it's a normal distribution, if it's a mean or median average, without knowing what the monthly income of the person in debt is.

    etc.
  • It's all relative too.

    £1000 of debt for someone earning £30kpa is not a lot... But for someone earning £6kpa it's a chunky debt.

    I agree, the National Debtline figures are really interesting for those of us in debt, but as a national average, it's massively skewed as it's only for people who ran a debtline!
    It all takes time and time is money,
    money talks and talk is cheap.

    - David Ford
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.8K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.