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So who carries debt?

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Old Aug 28, 2007 | 08:38 PM
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Default So who carries debt?

In light of our recent 80$ discussion I got to thinking how many other users on here carry debt they either don't consider to pay, or just plain right off.
I can see debt on a Car, house etc. Sure but CC's, laons from freinds, etc. how many off you see these as acceptable debts to carry? Or am i just way out of line here. Seeing as I have no credit, and everytime I think about buying something big i talk myself out of it. So what do you guys think?
Old Aug 28, 2007 | 08:41 PM
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Debt free 4 life.
Thus far. No mortages yet. Cars paid in cash.
Old Aug 28, 2007 | 08:43 PM
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Originally Posted by cjernigan
Drug Dealer.
Thus far. No mortages yet. Cars paid in cash.
fixed
Old Aug 28, 2007 | 08:45 PM
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Cars paid in cash does not mean drug dealer. It means dedicated. If his car was a new NC i would think different then.
Old Aug 28, 2007 | 08:46 PM
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well as I am in college I am in hugh debt and I ******* hate it.

I have a CC and School debt but nothing else.... now my school debt is that of a small house

I plan to pay my college off within 5 year top(hopefully 3) I have no car payment(alway paid cash), and my CC is just to help with school like my computer and other jack-up ****.

I want to get to a point where a mortgage is the only debt I have. Well that is the goal atleast
Old Aug 28, 2007 | 08:57 PM
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My money making means aren't illegal by any means. I just happen to be on scholarship for NCAA Rifle. This makes college very nice. Room and board is easy to manage when they take care of tuition books and fees.
Old Aug 28, 2007 | 09:20 PM
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I have a small amount of credit card debt.. plus mortgage and car payment.. i'll probably always have car payments.. as long as there are cars.
Old Aug 28, 2007 | 09:24 PM
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****, I have a ton of it.
Old Aug 28, 2007 | 09:26 PM
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Are you kickin that 7's *** or what man?
Old Aug 28, 2007 | 09:29 PM
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Originally Posted by cjernigan
Are you kickin that 7's *** or what man?
waiting the rest of my life for the ******* engine mounts.
Old Aug 28, 2007 | 09:30 PM
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I have around 20k in credit card debt. Had 0 credit card debt before I was injured 18 months ago. Not being able to work + doctor bills is the suck.

I also depleted my savings, nearly 50k, but most of it went to my new house.

Have a house payment. No car payments.
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Old Aug 28, 2007 | 09:32 PM
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Small car payment with 0% interest. That's it.

Last edited by Atlanta93LE; Aug 28, 2007 at 09:57 PM.
Old Aug 28, 2007 | 09:44 PM
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In HS, debt is yet to come...

With the ridiculous amounts that colleges want for tuition now a days I think that those online college things are going to get a lot more popular as they are attractive for obvious financial reasons. But I don't know about the level of education that one would receive online, and how it would look to others.

Oh and I owe my dad $500 for some parts I broke when I hit a storm drain via a deer.
Old Aug 28, 2007 | 09:53 PM
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0 debt

All cars paid cash. Looking for a house to change my debt free money free lifestyle. Although with the market the way it is, its almost cheaper to get a 300-400k house than rent where I need to live.
Old Aug 28, 2007 | 09:55 PM
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I have my mortgage, and some credit cards. That is all that I have, credit is a good thing when used properly. The owing friends money thing though on the other hand, I will try my hardest to keep from borrowing money from friends. If I do, that becomes my first priority.
Old Aug 28, 2007 | 10:31 PM
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i have substantial student loans.

I bought everything for the miata, now about 75% of what I make monthly goes to them.
Old Aug 28, 2007 | 10:51 PM
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No debts here,if anything people owe me money.
Old Aug 28, 2007 | 11:03 PM
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How old are you guys that have no debt? Kids?

I now only have a mortgage and a payment on a vehicle. Otherwise no debt. But that's recent. Before that I had my fair share.

Built a house this year. Sold my condo to do it and got $304K for it. Took nearly a year to build and since the market has gone insane. Paid $250K for the house, it's now worth nearly $400K. Has been a good year for us. Nice small mortgage, and paid off all my debt and bought some toys.

Jay
Old Aug 28, 2007 | 11:09 PM
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Nice jayc.
21, 3 semesters left in college, g/f with no plans to be married for a few years. I'll get out with no debt. Once i have a good paying job out of college i'll be buying some sort of fixer upper house/condo wherever i'm living if the market is good there.
Old Aug 28, 2007 | 11:27 PM
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I'm 26, no kids.

Edit: 27.. ****, I am going senile.



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