What kind of debt do you have?

posted 3 years ago in Money
  • poll: What TYPE of debt do you have (if any)?
    I have no debt of any type : (51 votes)
    16 %
    I have only mortgage debt : (35 votes)
    11 %
    I have one of/some combo of auto/student/mortgage debt, but no other consumer debt : (133 votes)
    43 %
    I have other types of consumer debt (credit card, consolidated loan, second mortgage, line of credit : (51 votes)
    16 %
    My situation cannot be represented with this poll : (40 votes)
    13 %
  • Post # 3
    5697 posts
    Bee Keeper
    • Wedding: August 2012

    We have two car loans and one mortgage. That is the only debt we carry. Both of us paid off our student loans prior to buying our house, and we ocassionally carry a little bit of a credit card balance but it is usually paid back off immediately.

    Post # 4
    2400 posts
    Buzzing bee
    • Wedding: October 2012

    Dh’s credit card – $1100


    Dh’s medical bill – $1000


    & now I’m buying (making monthly payments) to my dad for his car he sold to me. Which he sold to us for $8000.

    I don’t think we are in the hole too bad.



    Post # 5
    2851 posts
    Sugar bee
    • Wedding: May 2014

    I have an auto loan and credit card debt. Thankfully it’s all going away soon as I’m coming into some money. What a huge stress and relief that will be.

    In total I owe about 11K.

    Post # 6
    334 posts
    Helper bee
    • Wedding: September 2013

    I paid off my student loans within 3 years of graduating, and FI didn’t have any. We both own condos with mortgages, and he has a auto loan as well. Neither of us have ever carried a balance on credit cards.

    Post # 7
    6959 posts
    Busy Beekeeper
    • Wedding: August 2012

    In my name, technically nothing. We own our home and my car is paid off. But we’re still paying on DH’s student loans and the SUV we bought for him last year.

    Post # 8
    4812 posts
    Honey bee
    • Wedding: August 2012

    I have a mortgage that I hold with DH, a car loan that is only in my name (but that I don’t really “count” in my head since it’s 0% interest), and student debt (a student line of credit – the most stressful debt I have I would say.  Although at $16,000 I would say it’s not bad for 6 years of school including my graduate degree).

    Post # 9
    3570 posts
    Sugar bee
    • Wedding: September 2011

    All of the above!! 

    Student loans, Auto Loan, in the process of getting a mortgage, medical bills, and consumer debt.  

    Post # 10
    681 posts
    Busy bee
    • Wedding: September 2013

    I have a mortgage in my name, and FI and I each have a car loan.  We plan to have both car loans paid off by the end of this year, and then we will only have our mortgage.

    Post # 11
    8720 posts
    Bumble Beekeeper
    • Wedding: September 2013

    only a car loan and a mortgage. I use my debit card for everything. If I use a credit card for rewards or something (Amex) I pay it immediately.

    Post # 12
    1406 posts
    Bumble bee
    • Wedding: May 2015

    I only have student loans.  I’ll probably have an auto loan tacked on to those next year, though.

    Post # 13
    6446 posts
    Bee Keeper
    • Wedding: June 2013

    Student loans 🙁 My car will be paid off next month so only the student loans will be left for us!

    Post # 15
    12865 posts
    Honey Beekeeper
    • Wedding: June 2011

    We have mortgage debt and a car loan.  But I don’t really count the car loan as debt since we had the cash to buy it out right, but got a 0% rate and felt the money was better left in savings/investments if they were going to give me a free loan.

    Post # 16
    9949 posts
    Buzzing Beekeeper
    • Wedding: June 2013

    I have a wicked huge amount of student loan debt, and a little bit of credit card debt.  The latter will be paid off by January 1st.  That’s my goal, anyway!

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