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18 year gets old bank loan

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Comments

  • tuggy
    tuggy Posts: 220 Forumite
    Part of the Furniture Combo Breaker
    Well I really enjoyed reading that! Ha...

    "oh my gosh an adult has taken out a loan" yes... i'm sure it'l get written off by the bank and in all the papers...

    What a laugh :)

    Obviously I hope it was a wind up, for the childs sake if thats how stupid his parents are and how much they molly coddle him!
  • darcyvuqua
    darcyvuqua Posts: 2,459 Forumite
    get over the fact that you son has screwed up and now is going to face the music
    you cant change yesterday
    but you can make tomorrow better
  • darcyvuqua
    darcyvuqua Posts: 2,459 Forumite
    it makes me laugh the fact that he was old enough to have spent the money but not old enough to repay it!!!!!!

    aslo if a 18 year old were to commit a crime they would go to prison not play group grow up let him learn his lesson!!!
    you cant change yesterday
    but you can make tomorrow better
  • asandwhen
    asandwhen Posts: 1,407 Forumite
    I think he spend it on a new hoody and a pair of nike trainers - the rest went on Diamond white cider and fags.
    chavtastic.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    He must have spent it at http://www.realdoll.com which wouldn't be too much of a problem if his mother hadn't caught him and found he'd ordered "Mike"

    And the company won't take the goods back as it's been used.
  • sodamnfunky
    sodamnfunky Posts: 12,303 Forumite
    I cant believe what i just read from the OP. If my daughter took a loan out at 18, I would make her pay it back. too many young people today want everything for nothing
  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I blame the Parents!!!!
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    or at eighteen if you had the account when you were 17.5 yr old.

    nope because it has to be a FULL current account which you can only get at age 18 not an under 18 account
  • nope because it has to be a FULL current account which you can only get at age 18 not an under 18 account

    i stand corrected! :cool:

    i guess the OP is busy with their legal team preparing their case. :rolleyes:
    The difference between genius and stupidity is that genius has its limits
  • Sharky88
    Sharky88 Posts: 10 Forumite
    I took out a £1000 loan in february with my bank HSBC. I went on holiday and that was the end of it. the loan was a "flexiloan" which allows me to pay a minimum of £40 per month with the option of me paying more as and when i can afford it. the interest is quite reasonable to 5.3 %. Lesson learned though i won;t be doing that again
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