How deep in debt are you?

[Anonymous]

I owe $0.

I owe less than $1000.

I owe at least $1000 but less than $5000.

I owe at least $5000 but less than $10,000.

I owe at least $10,000 but less than $50,000.

I owe at least $50,000 but less than $100,000.

I owe at least $100,000.

Updates

1 y

Please also mention the reason for the debt.

Updates

1 y

(e. g. paying off loans for school, house mortgage, etc.)

[petitedollbabee]

$950 owed to a government organisation, the debt was originally $1,320 but it’s being paid off $10 per week. I won’t explain how the debt got there as it’s a headache to explain.
$200 owed on my car until it’s fully paid off, the debt was originally $2,800 but I’ve been paying it off $25 per week for 2 years.
And soon I’ll have a student loan debt of $7,500 as im studying this year, the certificate im studying is $6,500 and course-related costs are $1,000 for a laptop, travel costs for placements, and stationary supplies.

[Apple1996]

Like 300 on my credit card. I have it just for building credit

[Lliam]

I still owe $200k on my mortgage and about $50k on a HELOC.

I currently have about a 7k balance on one credit card, but it has 1% interest rate. That's the card I use for on-line purchases and I just ran up over $1500 on it for my car this month.
I make $200 automatic payments to it each month, but I sometimes send them extra. Like, this month, I plan to send them an extra $1000. I try to keep the balance under $5k even though it has a $12k limit. I love that card.

Those are my only outstanding balances.

[Orion84]

I'm $0 in debt.

I do have credit cards, specifically for the purposes of my credit score, but I only use them for minor purchases, and then pay them off immediately, so I never carry a balance from month to month.

My car & house are both paid off, and I have no other loans.

[midnightmoon05]

We have no debts.
We don’t believe in debts.
we use our crdit cards monthly. It’s about $4k now…but we pay off every month.

[BCRanger10]

Not sure exactly. We bought out house less than a year ago and it was about $250K. At this point, probably still above 200. That's it though.

[Simslover92]

Over $250k from student loans, car and credit card debt

[jamesgoldman]

Zero, turns out you don't make them money they don't like lending to you

[midnightmoon05]

Interesting how that works smh!

[jamesgoldman]

Think I made them £6 on £2,000... that £2,000 probably made me a good £500 and saved me £800 more

[midnightmoon05]

Ahhhh the UK… I don’t know how that works.
The banking system?

[jamesgoldman]

Much the same as the US beyond the currency

[Static_In_The_Attic]

Knock on wood I’m 100% debt free.

[slatyb]

I have some debt but it's about 1% of my assets.

[LiaRaven]

I don't have any debit

[ClaudiaWoods14]

$0, luckily!