Member@cbgg: I currently owe $200 on my credit card, 12k on my car and $3500 in student loans but I’m still in school and won’t bleed to borrow any more money then that. Hoping to pay it all off in the next year. Luckily I’ve been very diligent about my credit since I turned 18 and my credit is excellent.
MemberNo loans, student or any kind, no car payment, no mortgage, no line of credit and no medical, (we’re in Canada). Just a very small credit card to keep our credit active. We were told it was a good thing to do, not sure if it’s true or not.
Member
MemberI just have some credit card debt from when I was irresponsible in college and grad school. No student loans or a car loan. I’m not on the mortgage since husband bought the place before we met. Husband has the mortgage, student loan,and a small credit card bill. We own both of our cars outright.
MemberWe have one BIG loan which includes our home, an investment property and work car. We can redraw from this loan if we ever need too. I think it sits at about $450,000 ahhhhh
Member@Principessa Bunny: I hear ya. Sorry to hear it happend to you too. x_X
Member@cbgg: I LOVE personal finance! The only debt my husband and I have is our mortgage and our car. I’ve always been a saver so if we can’t afford “it” we don’t buy it… instead we save up our money until we can pay for it in cash. (ex. vacations, clothes, date nights, stuff for our home)
MemberI have both student loans and consumer debt.
I’m not technically in repayment on my student loans yet, but I went to a fairly pricey private university, so you can imagine what that debt looks like!
As far as consumer debt, I have several in-store credit cards for various things. I have paid off our wedding ring account, a lumber account for building a fence, and am now working on paying off two other accounts. Was almost done paying off the last one, and then the old lawnmower kicked the bucket, so ended up opening an account to get a certain amount off/no interest for nine months! I have around $2,000 in consumer debt – mostly that darn lawnmower – and it’s all in my name.
My husband has another year left on his car loan, and then he immediatly wants to get a new vehicle. I’m trying my best to talk him out of it, there’s nothing wrong with his car, but we’ll see how that goes.
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