View Poll Results: How much personal debt do you have?

Voters
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  • None!

    15 27.27%
  • Under $1,000

    4 7.27%
  • $1,000-$5,000

    7 12.73%
  • $5,000-$10,000

    3 5.45%
  • $10,000-$25,000

    7 12.73%
  • $25,000-$50,000

    4 7.27%
  • $50,000-$75,000

    1 1.82%
  • $75,000-$100,000

    1 1.82%
  • $100,000-$200,000

    8 14.55%
  • Over $200,000

    5 9.09%
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Thread: How much personal debt do you have?

  1. #51
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    TheGirlNextDoor's Avatar
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    Re: How much personal debt do you have?

    Quote Originally Posted by Lord Tammerlain View Post
    Ouch $1 million in medical debt

    Unless you earn a great deal per year, how on earth will you be able to pay that back on top of other debts
    That's the kind of debt one just plans on paying on for the remainder of their lives. When a friend of mine had her baby, he was born with a heart defect (no pulmonary valve). He had several open heart surgeries and survived - he is due to have another one soon (he is now 14 and they will need to replace the shunts due to his growth) but my point is, she will never see that medical debt paid off. She plans on making payments for the remainder of her life. What kind of price do you put on life?
    Fool me once, shame on you.
    Fool me twice....shame on me.

  2. #52
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    Re: How much personal debt do you have?

    House paid for.

    3 Cars paid for.

    Small CC debt.

  3. #53
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    Re: How much personal debt do you have?

    $100K reverse mortgage debt left over from a passed family member and put onto me. It grew in interest over the years. Started off at $60K. Almost went up to $110K before I sold my house.

    Haven't payed it yet, though. I still have 28 days to do so. I'll make them wait a little longer.
    When saints are just dead sinners amended and revised, no wonder why greed and humiliation become the norms to bound and regulate mankind.

  4. #54
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    Re: How much personal debt do you have?

    Quote Originally Posted by Your Star View Post
    None. Though I do wish I was compiling some college debt.
    Not to get to personal with your family finances but I remember saying that you guys have been going through some hard financial times, with job loss and all.

    You probably qualify for the Pell grants which all covers tuition costs (plus a little extra for books and expenses) at any state school in Georgia.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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  5. #55
    Sage

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    Re: How much personal debt do you have?

    Quote Originally Posted by Lord Tammerlain View Post
    Ouch $1 million in medical debt

    Unless you earn a great deal per year, how on earth will you be able to pay that back on top of other debts
    One can easily ring up a million in debt just by spending the remaining ten years in a nursing home...Fortuniately, things are not done this way, a degree of socialism and state aid...to the rescue.

  6. #56
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    Re: How much personal debt do you have?

    Around 8k from college loans.

  7. #57
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    Re: How much personal debt do you have?

    Debt free. Pay off credit cards every month

  8. #58
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    Re: How much personal debt do you have?

    We have over 200,000. but its just for our house. We try to pay cash for everything. So no credit card debt for us, just a mortgage.

  9. #59
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    Re: How much personal debt do you have?

    An interesting question, I think, would be how much debt you have vs your age vs your level of education.

  10. #60
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    Re: How much personal debt do you have?

    ~200k student loans, no other debt.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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