How much debt do you owe?

[spartanic]

I'm sure not a lot of people here can say they're debt free. Statistics say that Americans are over grand total of over $1 trillion dollars in debt. What about you?

[deadpirate]

35-55 grand...im 22 years old


student loans..and a repossesed car..thanks to my whore ex girlfriend

[SoguRacing]

Debt free here though i almost went into bebt when i spun a rod bearing. around 2g's for a rebuild. this past paycheck puts me just past the spot

[oldschoolsilvia]

Loan for my advan charge :ugh:... I owe like $1500ish still...

[fcdrifter20]

im way in the hole.i owe the state of california about 17k, for court fees and all kinds of traffic tickets.even if i sold both my cars i would still be in the hole a couple g's. thinkin about just goin back to jail and servin time in exchange for payment.....uggggg:cry:

[definitionxmk]

I think my car loan is about $15k and my student loan is $45k... x_x

[blitzsti22]

2k for rims i bought :(

[Somnambulist]

Probably somewhere around 4k.

I'm 19.

[KAT0]

Debt free, although I don't know how much longer that'll remain a fact.

[anyotherone]

Oops. I clicked 0-1k instead of debt free.

I don't like spending money I don't really have.

[tanks13]

i have about 4k in tickets but fuck that shit imma serve the time hahaha shit its only two weeks inthere and i aint taking no showers hahahah what what in the...

[Rayne]

The interesting thing about our current monetary system is the fact that debt is money.

[Naughty240]

14k on credit card but I can account for most of it. Spent way to much on my car this summer.

[murda-c]

11k left from school, and i'm going back to school next year, hooray.

[wangan_cruiser]

Oops. I clicked 0-1k instead of debt free.

I don't like spending money I don't really have.




damn right. i cash out my parts. i dont like credit cards and putting myself in big debt.

[allntrlundrgrnd]

none that Im aware of.

[chibo]

Debt free until January, then it's tuition only into a student loan.

[mike_0678]

School has me on lock

[werwuryoantenaz]

on the top of my head i prolly owe about 20k total...half in credit cards...and the other half is on court fees/fines, and lawyer feez.
keepin my ass out of the the "Vacation Island"

[heiyuu]

119k mortgage.... ugh im 22 yrs old and in the hole for 25yrs lol.

I owe like 18k on my versa.

And I think 16k on my civic.

And 6k to my dad lol.

180sx is 100% mine though lol.

[werwuryoantenaz]

damn 22 and have a house and toys to play with...what is ur gig...i gotta to be doin what u doin...it seems that all ur debts are for the positive...

[sideways7]

I was down to only about 3k in mostly a student loan and a little bit on a credit card. This las month I put on about $1500 on a credit card moving back to cali.

What really sucks is that I got a nice raise moving out here, but I have less money left over after all my bills and expenses for the month.

[soreballz]

$5,671.10

Car accident from a few years back. Was driving "my" car, which was under my mom's insurance, which she had neglected to tell me expired two days prior, got into an accident... Cop said it was my fault - I was turning on a green arrow, the bitch ran a red light and hit me, how the FUCK is that MY fault?! ...So, I got stuck with the bill for the damages to the other car - $10,187.10 - Thanks Mom.

Other than that little piece of nonsense... No other debts here.

[Future240]

After college probably gone be around 12-15k

[Modrified]

probably almost 30g when school is done.

[1989rps13]

daaamn im debt free baby on the flip side im + thousands of dallas at 19

[240trooper]

at least 3K lol, tickets, impound yard, bills

[dogg4217]

30k in school loans, graduated 2004
205k in house loan(split between me and her)
under 1k in all credit
5k in a timeshare(split between me and her, thinking about selling to make profit)
6k in a Jeep wrangler
240sx is mine (but I got to buy parts to complete the build)

I'm 26yrs old.

[exitspeed]

Yea you didn't have an option for more then 250,000.

Mortgage
School loans
Misc debt

Well over $250k.

[heiyuu]

damn 22 and have a house and toys to play with...what is ur gig...i gotta to be doin what u doin...it seems that all ur debts are for the positive...

i got a career going in digital multimedia... so ugh... flash, web, motion graphics, and 3d animation.

most of the money comes from freelancing [the amount of work i get is directly proportional to the parts I get for my 180sx lol] but I also got a steady 9-5 doing the same stuff which pays the bills/mortgage/car payments. on the weekends i help out at my uncles computer store slinging parts for $9hr + (a lot of) commission. Once I got a steady freelancing "pool" I'll be quitting my uncle's place though as customers seem to be getting more ignorant and retardedly cheaper as the days go by....

[noshow]

22, 12k in debt..
had to buy a civic 4dr when my 240 spun a bearing and blew the head gasket.
its always that unexpected shit.

[VROOOM]

about 20k in debt (my car). at one point i had 15k in credit card debt but i finally paid that shit off and cut up all my credit cards. cash or nothing now.

[jskateborders]

about 6 k in cards and 6 k in school, so far.

[breed13]

I'm about 6k indebt. Maxing out a credit card for car parts always seems like a good idea at the time haha

[Sir]

5K loan for bike
6K in CC's
110K in the house.

Net worth should be well into positive by the end of the year.

[anyotherone]

Man all of you guys with credit card debt should make a plan and pay that shit off as quick as possible. 15-30% adds up quick, a buddy of mine racked up $55k in debt by the time he was 22, he's just now digging out of the hole after 6 years of Ramen noodles and driving a Geo.

[Slammed180]

310k Mortgage for 40 fricken years.
16k '03 silverado
5k '90 180SX
3k credit card.

Only 21. life sucks....

[noshow]

the key to it all is, and i know im only 22 and saying this but being responsible and putting off that turbo, intercooler, or new block etc. until you actually have the money

[spartanic]

Man all of you guys with credit card debt should make a plan and pay that shit off as quick as possible. 15-30% adds up quick, a buddy of mine racked up $55k in debt by the time he was 22, he's just now digging out of the hole after 6 years of Ramen noodles and driving a Geo.

Its always so easy to get yourself in debt but hard as hell to get out. Just the way credit card companies like it. I recommend you guys see the credit card documentary called Maxed Out. It documents the cruel reality of credit card companies and the collectors who will stop at nothing to make you pay your debt.

[anyotherone]

the key to it all is, and i know im only 22 and saying this but being responsible and putting off that turbo, intercooler, or new block etc. until you actually have the money

True. Very few people, not just Americans enjoy the benefits of delayed gratification.

I have consistently held back from buying expensive cars and buying a house because I don't want to commit myself to a standard of living that is not easily kept up when the economy slouches. Good thing, now I'm married and back in school but I didn't have to really change anything other than I haven't finished my S13 that I planned on having done in Feb. :P

[Otherworldview]

I'm 23 with about 21k in CC and Loans, plus another 20k in more student loans.

[bbejj123]

no debt but only because my school is totally getting covered by grants =)...thank god my mom only made an accumulated 18k in the past two years =/

[luvsr20]

5.2K and that is to finish my school loans!!!!!!!!!!!!!!!!!!!!!!!!

[luvsr20]

no debt but only because my school is totally getting covered by grants =)...thank god my mom only made an accumulated 18k in the past two years =/

so take school seriously and get it done then help your moms with some dough once it starts rolling in:snoop:!

[PVong]

450k - Mortgage
13k - 04 Mitsubishi Endeavor
10k - 01 Lexus GS300
5k - Credit Cards
10000000k - baby

Only 23, on the bright side my LS1 RX7 is paid for.

[Nachtmensch]

car payments = debt... technically. so i have over 10k left on that.

without car payments, im $2600 in the hole to my dad.

[ejkisela]

34,
All debt = $9900.00.

Net worth is well into the positive however. I started saving at 23. A little bit here and there adds up exponentially. Money Market CDs and the 401K/Roth iras have done us well. Start saving now kiddies. You'll be my age before you know it.

[AWSneer]

0-1K but when I am out of school the little number will be about 100K. UGH!

[[email protected]]

21, Roughly 9-10k or so between school loans, IS300, motorcycle, and a little bit of CC debt. Nothing bad though I think.

With the motor build on my S14 about to commence, I won't be more in debt just mo broke. I plan to build the motor with all cash or nothing. I would hate to blow it up again and still owe on it :(.

Regards,
Robert

[timster]

19 and no debt. I own the S13 and I've got a full ride to my University. Woo.

[ronmcdon]

5-6k in cc debt
around 50k in car financing debt.

could be a lot worse.

[mRclARK1]

I owe a friend $30

[veilside180sx]

That poll doesn't go high enough for those of us with mortgages.=)

[DJDANGER24]

6k in debt. "personal" expenses

[jmac636]

31yrs old
89k mortgage
12k '07 searay ski boat
2k credit card debt.
$0 '95 240sx
$0 '00 f150
$0 '93 ford ranger show truck made Minitruckin Magazine last summer
$0 '02 windstar wifes kiddie wagon
$0 '86 olds 442

[nismo tuned s14]

Debt free.

21 years old.

I hustle for that change to pay for school each semester.

I'll probably take out a student loan to get my M.B.A. if I go back to The University of Tennessee.

That's the reason for non-baller wheels at them moment.

[The ROMAN]

I never understood why people go into debt to buy car parts. If I couldn't afford it, I didn't buy it! Simple!

[spartanic]

I owe a friend $30

I feel your pain.

[boro otaku]

I try to live 100% debt free.

[MudRacer]

25k in student loans - Graduated.
10K CC
13K Personal Loans

I made a mistake of getting a 10K Cashcall loan a few years ago. Interest on it was like 38 percent. I was doing mortgage loans back then, figured it pay it off in a month. didnt happen. I paid them 10k in payments for 2 years, still owed 9K. Then paid that right off by getting a personal loan recently*

Debt sucks. Atleast my 240 is debt free.

[duffman1278]

20, and debit free :)

[THE-D]

6k in debt. "personal" expenses

3k for me
credit card

[LongGrain]

debt free

dont own a credit card

pay for shit with cash.

unless owing money for a ticket counts as debt, in which case i am 120 doll hairs in the hole.

[downshift_sideways]

$3,000 or so.

The IRS sent me a letter for $300.00 recently :(

[lil240sx95]

passing 25k this year with student loans! and i still got more years about 2-3! and I'm a junior! woo for social studies, secondary education degree

[VROOOM]

for the people in alot of debt. i was in debt 15k with just credit cards, i ended up going through credit counseling where they talk to all your credit cards and get them to lower the interest rate by alot(one of my cards was 24% and they got it to 7%) and they will set you up with one payment a month. it worked great for me. i will be all paid off in about 5 month and my credit score was over 750 when i bought my new car so i doubt it hurts your credit. if you would like more info about this PM me. it helped me a bunch.

BTW i am in no way connected to this company, they just helped me alot.

[spartanic]

Consolidation is one way however it can screw you up if your not careful. Good to hear your'll be debt free in a few months but for how long? It sure is tempting to buy stuff when you have a good credit score.

[enkei2k]

there's nothing for 40k+? lol right now i'm like 26k in debt (student loans) but with interest raping me up the ass, i'm going to end up paying up a total of at least 40k+.

[VROOOM]

Consolidation is one way however it can screw you up if your not careful. Good to hear your'll be debt free in a few months but for how long? It sure is tempting to buy stuff when you have a good credit score.


i have no credit cards, and i really havent used any for 5 years(how long it too to pay off) so ive basically weened myself form credit cards. oh yeah and self control.

[Fonix36]

1500 and running

[cnichols]

Graduated college completely debt free in 01 w/ a 95 S14 that was all paid off.

Fast forward to today...I'm getting ready to turn 29 and I'm in the hole on a mortgage $90k, and about $20k in loans/credit cards, but my LS1 swapped S14 and 99 Q45 are both paid off.

WTF? I have a Finance degree too...haha. Guess I need to learn how to live within my means or get some roommates.

[TheRonTom31]

I have like 8k left on my car

4k left on school which is in collections cause the school magically kept $2000 of my payments and I told them in not paying a penny more till they give me credit for it

2k between three credit cards

[braingone]

I'm in the green, but I'm on my first year of college so... prob won't last long!

[Osmosis]

23 and Debt free. Positive $25,000 in the bank. But am house shopping so I can say goodbye to that soon!

[Ben G]

im only down about 2000 for my car

[0100]

$380k left on the house, but it's 4.25 % fixed and tax deductible.

[mondojackal]

i've got zero debt.

busted my ass in high school and got scholarships to pay for it all. i actually MAKE money every semester. I don't plan on going into debt anytime soon, either.

[born2boost]

Im 20 and have about 15k on a loan for an enclosed trailer. Atleast theres no college loans to mess with.

[silviaguy240]

bought 7k, 6500 to my parents and ~400 on my CC

[redx]

bought 7k, 6500 to my parents and ~400 on my CC

340k for the mortgage, 60k for truck payments, 240 is paid! 24..

[vodka2]

26k and i still dont give a fuc* !

[160Z]

Finished paying the mortgage off so zero debt, thank god with the things are going right now!

[Z33TT]

20 and dept free

but not for long probably gonna sell my car and get a new one.

[joshchewuhh]

$300 buxks for my first credit card :D

[touge monster]

debt free.. I try not to spend anything I cant pay back within the month.. for now.

[turtl631]

That poll doesn't go high enough for those of us with mortgages.=)

Or student loans for professional school. Probably about $150k for me when I'm done, obama better not cut doctor pay that much.

[nismoskyz]

wow.. the number of you guys with thousands of $$ debt is staggering

i stick to my debit card so i only spend whats in my bank account but i can see how that gets difficult when you have a home mortgage to pay for..

idk what i'll do by the time i need to purchase a house if i wanna stay out of debt.. i dont think its possible in this country.. unless your from the ballin upper class i guess

[spikNspan]

around 20k I think. Fuck wyotech, that's all I gotta say. I'm 22.

[LocalStreetHero]

bout $20k on my truck
around $4k in credit cards
Track car is 100% mine. I can't see how people can put car parts on credit. Then again, i do have bills for shit I shouldn't have gotten. I guess its cuz when i buy car parts i know it will probably break on the track and i will hate paying for it later. I dont live by the stupid saying "you only live once" when it comes to money, but I do like the choices i've made and wouldn't go back on any of them. I feel that getting some debt and staying on top of it helps you grow a little bit. I fucking hate friends that go to school and can't manage their money cuz they get everything handed to them. Like even in this thread some of you say you owe your parents money. Like damn, i wish i could owe my parents money, but they never had it in the first place lol. This thread makes me want to pay off my credit cards tho lol.

[1989rps13]

SO MUCH DEBT !!!!!!!!!!!! whats going on with you guys!! I hate having to owe 50$ in my credit card

[gregfarz78]

30 years old debt free $0 balance on all my cards

if you include mortgage then I owe 145k

[turtl631]

yea, lots of cc debt in here. I guess that doesn't surprise me, but still, if I had any outstanding cc debt, I sure wouldn't be even thinking about modifying my car, or even owning one necessarily. educational debt and mortgages are necessary evils of a sort- sure, you have debt, but that's better than trying to save up for 20 years to buy a house outright and renting in the meantime, or not going to graduate school for 10 years because it costs so much.

[s13_ricky]

20k from schu!

[SinisterSntra91]

Damn after reading about some of your all's debt, it makes my measily 14k truck debt and 2k CC debt look small....

[neilsan]

got about 2k left of a 3yr loan for my Kouki.. otherwise debt free

only credit card i ever got was a promotion to finance my 46" lcd for 2 years 0 interest, i cut up the card and paid it off in 6 months

28, renting a home, go to dad's place for the garage

[firelizard]

20 years, $4k loan to pay off Visa and HSBC for car parts, $4k to my mom for my car, which looks like it'll come out of my inheritance rather than cash, $1k still on Visa from misc.

That's the problem with being hasty at buying stuff.... now I can't have fun (self-imposed regulation) until that shit is payed off.

[SimpleS14]

student loans and car loan shoe horned me into debt of 40K +

[JVDSKYRINE]

24 and I have no credit card debt as i prepay for everything i buy online. Have a skyline and a 1989 240sx paid off. Versa took out a loan so i owe 17 on it. And I am buying a house so after my 20 down payment i should owe 330 on it. Luckilly I worked my ass off while I was in school so i don't have any school loans.

Oh and I made the mistake of getting one of those don't pay for 6 month credit cards and didn't pay for 6 months lol....lets just say its like 25% interest a month doooooo not ever buy on that shit!! save until you have the money or read the contract haha:keke: lesson learned the hard way

[SexPanda]

i only owe a few hundred on my cc and a few thousand on my car. No big whoop. AS soon as I get off my ass and go to college, then I might have some problems...

And by get off my ass I mean quit my easy ass job making too much money... Im hesitant to do that just yet.

[RedStage]

$1200 advance pay I am finishing off and $6000 in credit card.
S14 is paid off and I have minimal bills :) debt free just in time for tax season to roll around if all goes to plan :)

[TheRonTom31]

will be dropping my debt by over $1500 in the next 2 months

[xplicit240]

3-4k for me over the course of 4 years. paying for the bills in the house and my own plus my project.

[I10cruiser]

3k on my end:P

[s13dan]

Credit union-1 grand
IRS -lil over $700
Dad-$200
Running tab- i dont wanna know...
American Ex-$175
and about a grand for school...

So lil over 3,000 all together....

[silvia_twins]

Just paid about 12K of debts this deployment and got myself a new jeep. Damn I am in Debt again

[a_ghost]

thats not so bad, i got 40k at devry, plus car, bills, mortage, and i'm only 24...

around 20k I think. Fuck wyotech, that's all I gotta say. I'm 22.

[90hatchie]

300 to credit card
143 to phonebill
212 to car insurance
40 to fred

[[email protected]]

about 45k in debt

40 in school
5 in my car i hate tires

[soldiaboy]

about 6k on my bike

[BrianG701]

I'm down to 200 on my cc now, after paying 12k for a 8k bike I'm paying with cash now for everything I can and pay my cc off every month.

[dan240]

..about $700k. I'm 29.

What do I win?

[zorak]

Holy Fuck dude^^^

I have about $100 on a credit card and I guess a phone bill.

I have about 6 traffic tickets, but I fight them. 1 Dismissed 5 to go. LOL

[Touring240]

I'm 28
230k mortgage, 40 yr
21000 personal loans
6600 VISA

It is hard to enjoy parts you put on credit cards when the debt load stresses you out. Paying cash only for school and parts now while I finish my degree.

I wish interest payments towards a mortgage were tax deductable in Canada.

[foamcup]

i am 25 dollars in debt, damn parking tickets!

[ZEN14]

$7200 on BIKE
$9000 on XB
$1500 on CC
couple of big mac combos to some homies

[Greddy323]

i have no debt :)

[McCoy]

Debt free for about 5 years now, if you don't count the mortgage.

[95KA-Turbo]

Just over 1500 on my 0% card that I used to buy my swap and new suspension (which is only 1/2 way on there right now). That'll all be paid off by March when the 0% ends...then the card will be shred.

[DALAZ_68]

2200.00 in the hole...AWSOME

[stinky_180]

0, i pay all mah bills

[DataXUnknown]

Is it worth it to go like 5k into debt to get your car running like a champ? Or some suspension work?

I make about $1000 every month, living with my parents paying rent ($100) cell phone ($60) insurance ($100) and paying credit card payments ($50-$100). So that leads about $600 for me every month which usually goes to fixing my car or paying for gas.

[Josh]

I am in dept 168k.... Of course.... It's my house

[drfftn]

Right now 64.xx to Charter to pay for the internet, 55$ to Sprint, 130.00 on credit card. Next week everything will be paid. Disconnecting the internet to get ready to move to California at the end of this month.

[superbike81]

Currently, zero debt, credit card is paid off each month.

However, as soon as the wife and I can find a plot of land or a decent house near Tokyo, I'll be about $350k in debt. :(

[LongGrain]

i am currently $24 in debt to "the man" for a couple parking tickets i got on campus for not having my decal in the window...

gotta wait for the bursar to open up on monday so i can go pay them.

[BustedS13]

other than my house, i'm debt free. but that barely counts. it's less than renting.

[!Zar!]

What about negative debt?

Because a lot of people owe me money.

[zorak]

I just paid $200 on my only credit card. Yay.

I am paying it off and only using it for emergencies from now on.

I am only about $80 in debt to capital one now.

[mr_240sx]

debt free! only deal with cash and youd be surprised how much it helps! if you got no cash then dont spend anything.

[gotspins13]

almost 2k from all 240 work and engine stuff, i spun a bearing recently too so im 0 cash on bank account, im 16 years old and i have 2k in debt thanks to 240's =]

[ZenkiKid]

im at around 6k in debt but its a student loan, do student loans even considered debt?

[jskateborders]

like around 6 k from parts on my s13 that was stolen... Pretty much fucked myself there. Then I have like 7 k from student loans so far.

[Bubbles]

As of tomorrow I am debt free and will have another title I can actually hold.

Going to be sooooo sweeeeet.

Maybe I'll sign for a bike loan while I'm there.

Ha ha.

[spartanic]

im at around 6k in debt but its a student loan, do student loans even considered debt?

Yups student loans are definitely considered debt. Amazingly research has shown that there are still a lot of people in their forty's trying to pay off their student loans. Guess that expensive college tuition didn't really pay off later their lives.

[calehall08]

i'm 19 and i owe:
~$9,000 for the loan on my Element
and like $20 on my CC
School was paid for through grants.

i just got my credit card and i just try to buy stuff that i know i can pay for within the month. trying to stay away from the 'minimum' payment that looks so easy to make, and try to pay for exactly what i bought in full.

[98koukile]

Debt free, but I still have a credit card, debit cards scare me, I have fraud protection

[SuperiorS14]

damn i wish i was debt free! i owe somewhere around 30k!!! no wonder i havent got a new S chassis yeT LOL

[MR ED]

~$3500. I made some dumb decisions. And I know regret it. :(

[JDMFLCL]

Debt free, work like a mother fucker, but self bought car+everything for it
Paying room and board, + 1/2 of college while my father pays the rest (he works their though ,so mucho discount)+pay for all living costs.

18 though

I have a credit card as emergency, but NEVER use it.

[JDMFLCL]

debt free! Only deal with cash and youd be surprised how much it helps! If you got no cash then dont spend anything.

xxxxxxx fucking 2

[BILLFISHER21]

Shit i owe 8k on c.c and about 8k left on hospital bills was 16k From a crazy accident, surguries, and 6 months no work. Now c.c is keeping my pro drift license active. Trying to get out of the hole sucks

[ManoNegra]

So tempting for me to go into debt for a 370z

[Marc240]

$550 on a personal loan
$600 @ America's tire

[s142jzkillav10]

too F*ckN mutch......!!!!!!!!

[whereda40at]

damn 22 and have a house and toys to play with...what is ur gig...i gotta to be doin what u doin...it seems that all ur debts are for the positive...
just have to do work. i have a offer on a house right now for 225k. have a few toys too.

[ThatGuy]

All of it, if I didn't owe, it wouldn't be debt.

As far as a total amount goes? That's none of your damn business. :D

[shownmichle]

:fawkd:It is very helpful to know about different historical tourist places all the world. Thank you for providing such useful informations.:mrmeph:
=================================
National Debtline (http://www.debtreliefsites.com):drama:
:rimshot:

[sr20time]

I never understood why people go into debt to buy car parts. If I couldn't afford it, I didn't buy it! Simple!

people want to bel iving the american dream and debt is what its all about.. intersting why people wont leave the states to come up and work in canada for a winter... up north average helper is making 25 bucks an hour with just high school.. know a trade? easy 50 an hour no joke..

[nevertheless]

$0.00 but i dont go to school and still live with my parents :)

[STEEZxIT]

fuck...

$12K - 2007 TITAN LE
$14K - VN student loan
$4K - misc credit card
$3K - Tickets in progress.

im 24. FML....

[tqstarburst]

debt free,i never buy something if i don't got the cash. NO cc here,i always refuse every offer i get. Thankfully school is getting paid by grants and a scholarship,and hopefully it will go like that up until i graduate.

[Waylayer]

Just got out of 15k in debt. Yay for someone totalling my car :-) now debt free with a 240

[shinobis13hb]

1,500-2,000 only due to the fact that i am unemployed can't wait to be debt free(no more speeding)

[S4quattro]

$120,00 in debt cause i own a home, my brand new versa and my snap-on account lol have an s13 hatch and about to buy an S14 and thinking about buying a motor home.

[dudermagee]

my debt: 11,200.00

Wifes dept: 15,000.00 IIRC car and education

House: 214,000.00

[sflzenki.]

i chose not to go to fullsail university to stay in the green. bright futures and florida prepaid take care of my education, and pay me back each semester ($500-$1000). so now i just owe my dad a couple hundred

[driftlife]

around 20k I think. Fuck wyotech, that's all I gotta say. I'm 22.

hahaha i was gunna go to wyotech and they were chargeing me 40k a year no thank you now ima start at cerritos next month with only 20k in debt...

should of never droped out of school or ditch any classes sux balls!

cc debt free for atleast 2month
and 4k in car tickets ima do te time better :)
400 to my mom to keep my ass out of jail back when i was 16
just turn 19

[chiboy002]

supposedly every American citizen is born with 40k in debt or some shit

[Lil_D]

few hundred dollars to my dad for insurance and shit thank god time to save up so i can stay debt free for a while

[crazyeagleeye]

currently about 800 just whats left on my car lol but soon about 150k buying a house and im 21 and married lol

[thefro526]

I'm somewhere around 18k-19k between my BMW and Personal Loan that I got to build credit.

Since both of them have scheduled payments and aren't susceptible to changing rate (Unless I do something stupid like miss a payment) I'm not too concerned.

[driftn_silvia]

2 yrs ago i was in debt with like like 4.5k and truck paymnet of 16k...sold my 240sx and just cleared all CC debt, saved cash to get a cheap 900 single cam 240sx. just got my truck and owe just below 8k within 2yrs. Hopefully ill be done next yr. then i can start my 240sx

[nathanong87]

0 dorrahs.

[HouseElf]

credit cards/loans arent my thing, i like having money before i buy something.

[Lil_D]

on friday i will be debt free

[yingiang]

0 dorrahs.

x2

msglength

[Wheelchair]

I have about 60k in student loans.
I have two more years of pharmacy school...another 60-70k.

I'll be making 100+k when I graduate...and student loans are positive debts...

[superbike81]

I trade stocks on margin sometimes, right now my margin account is at about $65k, but that $65k has made me about $10k extra in the last two months (including the $3500 hit I took yesterday :( ), so it's beating out the 6% APR by quite a bit.

Very minimal credit debt though, I keep a small balance (less than 1%) on each of my two cards and use them for every purchase I make every month, but pay it down during the grace period.

No other debt.....house and cars paid off.

[initial_jc]

1k camera
4.3k engagement ring
5 School debt
600 CC

Just got a firme job so that shiz will go down ASAP

Superbike care to talk about stocks?

[bluuuurr]

800 in Credit Cards... not too shabby.

[ChaserAero]

debt free,i never buy something if i don't got the cash. NO cc here,i always refuse every offer i get. Thankfully school is getting paid by grants and a scholarship,and hopefully it will go like that up until i graduate.

We are very rare. I am the same way.

Not the best for the economy, unfortunately - the US thrives on consumer debt.

[Fortitude]

Just paid off $700 dollars of debt by trading a ps3 and grand turismo 5.

[cardoza]

Superbike care to talk about stocks?

Do not, I repeat, DO NOT even think about trading on margin if you don't have a VERY DEEP understanding of the way that exchanges work.

[Seven3Lee]

Poll is closed, but I would be in the 1k-10k range. I still have about 8k on my Evo and no credit cards or student loans. The 240 is paid off and we're renting our house, so...

[sidewaysil80]

wifes car: $11k
my daily: $16K
credit card: $7k

i'm switching careers in a little under 2 years and will have the credit card paid off by then. so realisticly just our two car payments will be our only "debt".

[Iron_Zenki]

only $900 in credit card :/ and i think under 6000 in student loans but im 21 and just got another job so yaa..

[ReaperBJJ]

< $2000 left on my car
~$2000 in credit card
and I think $5000 in student loans

Soon I'll be adding a $30,000 mortgage to the pile, but I should be paying off my car by the end of January since I just got hired at my new job.

[chris_240sx]

I will be somewhere around 25K the end of this school year
And I'm 19 :(

[1jz_240]

thats no fun^

im 19. have no debt and love it. i dont even have a credit card. have my s13 paid off and in my name. and my truck paid off in my name. and no they werent given to me by my parents. im just good with my money. somewhere around +1k in the bank to. i HATE owing people money. lol

[zenki14]

$3325 left on my 350z i bought last year lol

[superbike81]

Superbike care to talk about stocks?

Any time, one of my favorite things to talk about other than medical type stuff.

We are very rare. I am the same way.

Not the best for the economy, unfortunately - the US thrives on consumer debt.

Not the best for you either IMO. Unless you are planning on paying cash for absolutely everything, having no credit is only going to hurt you. You don't have to go into massive debt just to establish and maintain a good credit score, you can use a credit card and still not pay more than a few dollars a year in interest while establishing a decent (700+) credit score.

Do not, I repeat, DO NOT even think about trading on margin if you don't have a VERY DEEP understanding of the way that exchanges work.

Very true. I've been doing is for 10+ years now and margin trading for about 3 years.

[ZsHatch]

-$0.00, somewhere around that area. =)

[zkrobs4]

20 and about 13k on personal loans and cc's. On top of total debt, what are you guys paying just to sustain every month? $700 for me.

[WISH ONE]

debt free, just finished paying my student loan a few weeks ago, and still broke.

[supportTHEezln]

I just checked my credit card bill.

$18 is how much debt I'm in this month.

I pay my CC off every month. I don't own a house, of course.

The only reason I can really see for being in debt is either owning a house, or being dumb with money.

[RedSiBaron]

as of right now, i am $0 in debt...i dont know how i just finished 6 years of school and pulled it off, but somehow i did it...except im taking my nice car off driving insurance and throwing it on garage insurance so i dont go into debt...beater $1000 240 FTW!

[LoveMyProbe]

.......:cops:.......

[T chop]

I would never want to go into debt for anything besides buying a house, but I wouldn't even call that debt. Buying a new car is kind of stupid unless you can afford it. Buying a new car and eating ramen noodles 20 days a month isn't being able to afford it.

I owe like $500 on my CC, but I can pay that off anytime. I just don't want to kill all my spending money right now.

[Silentoreo34]

20. 4600 on my civic. 2000 to my mom for my rb25det.

[RedSiBaron]

correction, i am about to be $500 in debt to my father so i can pick up this 240 beater i found...but the best part is ill be out of debt again by the 1st of the year...score

best part of going home for the holidays, parents love you more

then i can put my nice car on garage insurance and save 100 bucks a month on my insurance

[WISH ONE]

Sad truth is if you want good credit it seems like to need to be in debt. Revolving debt.

[RedSiBaron]

Sad truth is if you want good credit it seems like to need to be in debt. Revolving debt.

And you don't think they want it that way? Haha

[Crazyirish]

I think you need a higher range of debt. At least if you want to consider home-owners.

[superbike81]

The only reason I can really see for being in debt is either owning a house, or being dumb with money.

What you are saying has some validity to it, but there are circumstances where debt can be a good thing. Without going too deep into finance talk (since that's not really the point of this thread), with how low interest rates are now for consumer loans, you can actually make money off of debt. You might have $25k to buy that brand new car, but if you put a minimal amount down, get that 0% (or somewhere around that) and invest the rest of the money, this year you would have made about $2-3k extra from most basic mutual funds. By the time your 48 month or so loan is up, you probably made an extra $10k just by taking out a loan.

Now of course, not all investments go that way, you may lose money too, but with smart money management on your part, you could potentially make a significant amount of money by going into debt. :)

Debt doesn't have to be a bad thing people.

[Silentoreo34]

Now of course, not all investments go that way, you may lose money too, but with smart money management on your part, you could potentially make a significant amount of money by going into debt. :)

Debt doesn't have to be a bad thing people.

I agree with you 100% going of topic of the tread. My friend from when he was 16 he took loans out (grandparents co-signed) agaisn't his name and put them to CD's. This was back when CD has a good interest % but now its crap and I feel like I should just throw my money in the toilet when my parents tell me I should get a CD. Back to my point my friend did this for a few years and kept recycling the loan/cd with the same rate, he has about 20,000 saved up in just about 4 years. His loan/cd are coming to a close mid 2011 and he is going to put a down payment on a town house.

[yingiang]

I agree with you 100% going of topic of the tread. My friend from when he was 16 he took loans out (grandparents co-signed) agaisn't his name and put them to CD's. This was back when CD has a good interest % but now its crap and I feel like I should just throw my money in the toilet when my parents tell me I should get a CD. Back to my point my friend did this for a few years and kept recycling the loan/cd with the same rate, he has about 20,000 saved up in just about 4 years. His loan/cd are coming to a close mid 2011 and he is going to put a down payment on a town house.

i find this hard to believe. generally loans have interest monthly and cds have interest after the term is over for whatever amount it was. i dont see him earning/gaining anything

[Silentoreo34]

i find this hard to believe. generally loans have interest monthly and cds have interest after the term is over for whatever amount it was. i dont see him earning/gaining anything

Well, today this would seem to be impossible due to hard times and banks hardly giving out good CD rates. But been a some odd years now but before you could get a loan with about 3-4% on in and a cd that put out 5%. Basically after inflation you make a little money, but its a good way to start/learn how to save. Again the bank was okay with it because they were loaning out the money but also getting the money back. Therefore the money never really leaves. But now of days this stuff won't happen.

[kognition]

Looks like you opted for the red pill and can finally see the matrix for what it really is. For that i congratulate you.
I just checked my credit score yesterday with the big three. Having not seen it since last december, i see that they all switched to a new scoring system to align themselves better. Probably for the eventual merger in the future. My score is worth less now as a result. Which is their attempt to rescale the system to what it really should have been in the first place. But none of that matters to me anymore. After seeing that Wall Street sought enjoyment in playing with the livelyhoods of so many investors, i decided "fuck a bank". Fuck them all. I run my business with my own money, and always will.

Sad truth is if you want good credit it seems like to need to be in debt. Revolving debt.

[sleeper108]

im about to turn 21, and I will finish off the 14k i borrowed for a new car in December 2011. (just over 2.4k left) I pay off my CC every month, so no debt there. I am about to get a house (150k-200k is my range atm) and with all the rates as they are, I will only be paying the utility bills, and putting off the rest on roommates who I've already talked to about moving in with me (contract signing them for minimum of 1 year, just in case).

[jumboflan]

I am in no debt. Why is this thread even started? Because it's expensive to own a drift car? Lol? I would never get myself into a thread over a car. How about investing in something that returns and doesn't depreciate? lol. I owned my s13 for almost 8 years now. I never spent more than $1000(clutch, springs, welded diff, vlsd, 300zx calipers,cheap ass short throw shifter from ebay($45 and working still for 4.5 years)and rims) on it. It is still running like a champ. I am the ultimate savvy shopper. I prey on the good deals...this was even before the recession started. So, i wasn't taking advantage of anyone.

[Tantwoforty]

ugh..
like 475 for gay x shiney shit
annnd like 250 to bank of America
lame

[Corbic]

I'm sure not a lot of people here can say they're debt free. Statistics say that Americans are over grand total of over $1 trillion dollars in debt. What about you?

I have a Mortgage.

You options are great for college kids and chumps living at home.

[SimpleS14]

I am in no debt. Why is this thread even started? Because it's expensive to own a drift car? Lol? I would never get myself into a thread over a car. How about investing in something that returns and doesn't depreciate? lol. I owned my s13 for almost 8 years now. I never spent more than $1000(clutch, springs, welded diff, vlsd, 300zx calipers,cheap ass short throw shifter from ebay($45 and working still for 4.5 years)and rims) on it. It is still running like a champ. I am the ultimate savvy shopper. I prey on the good deals...this was even before the recession started. So, i wasn't taking advantage of anyone.

cool story bro

[titangts]

I am in no debt. Why is this thread even started? Because it's expensive to own a drift car? Lol? I would never get myself into a thread over a car. How about investing in something that returns and doesn't depreciate? lol. I owned my s13 for almost 8 years now. I never spent more than $1000(clutch, springs, welded diff, vlsd, 300zx calipers,cheap ass short throw shifter from ebay($45 and working still for 4.5 years)and rims) on it. It is still running like a champ. I am the ultimate savvy shopper. I prey on the good deals...this was even before the recession started. So, i wasn't taking advantage of anyone.

do you have any other cool stories like this bro?


im 22

~1k personal loan
~$500 CC
.. positive with more than i owe ( yea i know i should pay it off lol )

but i have cool sr s14, and 2jz FD rx7.. uh..but im going house shopping this year.. not to go in debt, but to only invest ;)

[afred]

debt free =D

[ov1989]

ovr 9k on a bmw
900 to bro
500 to gf and im unemployed haha

[zeitgeist]

25k in debt, just graduated

Ive got a good paying job and wont be spending much so Id like to pay it off within 1-2 years so just to not have anymore to worry about. But obviously this is way earlier than it should be paid

Since I will still be paying all of the interest, will my credit score suffer in any way?

[atomicguy7]

you guys are lucky, im well over 100k from school. :bite:

[blingbling]

Debt free and always broke. Sounds like an exciting life huh?

[allmotaef9]

debt free holla


well unless your counting a mortgage ooohhp! haha

[Mista Juice]

was pretty much debt free besides my visa that i paid off each month.. was about 2 months from getting a house when i had a run in with cancer last year.. now its all on hold for a bit until i get my finances back together.. MRIs can add up.. :(

[TheRealSy90]

I owe $2,500 in tickets and fines. Owe $800 on my credit card.

No money in the bank.
No income.

Feels bad man .jpg

[eldine30]

freefreefreefreee:)

[axiomatik]

190k mortgage @4.75%
40k student loans @2.5%

no auto loans, no CC debt.

I pay for everything on my American Express, because I get 1-3% back on every purchase (~$500/yr). But I don't buy what I can't afford and I pay it off every month so I've never paid interest on it.

on the plus side:
$20k in the bank
~$70k in retirement savings so far (401k/IRA)

[Okinawandrifter87]

^ what age group area do you categorize into if you dont mind me asking? ^_^

[axiomatik]

I'm 31 and married with 2 kids.

[upstate240sx]

22yrs old
11k in student loan will be 15k after interest
$150bucks in cc debt

[Tulok]

3k in student loans, $0 in other debt but money never seems to last at this pay rate.

[s13_coupekilla]

School Loans are my only debt at least 15k-20k no job working for my self on the computer repair hustle so i can eat and pay for gas and keep the 240 running. Thanks to no available jobs that pay pretty close to what i want.

[koukisilvia123]

no debt for me :) well i will be in debt when i get out of school, like 20k -_- but for now its nice to waste money on my p.o.s

[SofaKingAwesome]

Wow man this thread helped me realize that a whole ton of people everywhere in the US are in debt. I am so happy and privileged to say that I am debt free. I have a fear of credit cards ATM...

[300ZXttZMAN]

About 10k to help me build my Z i used 10k of my own that i have saved up.. I have awesome credit better than most adults im 19 years old.

[axiomatik]

You are 19 and $10k in debt?

[300ZXttZMAN]

You are 19 and $10k in debt?

Yea but like i said it looks bad at first glance when you read it I am 19 ill be 20 in late feb. and owe the bank 10k for a loan i took out to build my Z and get even better credit...


I do have awesome credit better than most adults. The bank actually told me that when i applied for a loan that was co signed by my AWESOME DAD

Ill pay it off in about 2 years..

(im jewish litterally)

EDIT: I dont owe any credit card debt nor do i owe the state.. I only owe the bank for the loan

[FusionR240sx]

23. just went from having maxed out credit cards (at about 6,000) and only making 10k a year because of working at the great old Best Buy as a part timer. one card had a 29.7APR and the other is 21.2.

sold my s13, paid off the 29.7 apr card, i only owe a little less then 3k now which feels amazing, no more working just to afford credit card payments. and now have a job making 25-35k a year depending on how much over time i have to work at the new job. life feels so much better with less debt and knowing you'll be out of it very soon.

[240_sxcoupes13]

19. no debt, except to my parents (yay no interest!!!) about 5k all for car parts

12k in the bank

And I have my Fairlady, s13 Silvia and Audi A4 payed off.

[slydin240sx]

^ you have 12 thousand in the bank and you still owe your parents 5 g's?
why not pay them back? or are you a spoiled rich kid who's banking all his pay while having mommy and daddy buy your car parts.

[Sil-Eighty SE-K]

student loans $25k + interest (still owe something like 15k i think..... graduated in 05)
Massive RB build had to put about 6k on a card after spending all my savings (only owe $2700 now and i transfered it to a 0% card till july)
$650 on another card (paying off next week)
still owe my boss $2k for the Tomei RB28 short block (just paid him $2k monday)
something like $8k in the bank

PERFECT CREDIT
11 years of credit.... never one late payment... not one.... i never pay minimums either.... thats for the birds.... most of my cards (6 personal, one buisness) are at 12.99%-13.99% right now (pretty good for credit cards) and my limits range from 4k to 16k..... the buisness card is rediculous like 50k lol


unfortunately NO retirement funds

[s13 4rey]

7k on my civic, s13hatch pink slip in hand, school 90K left:( C card's none cut it up!!! don't own a home,I rent.

[SmogSUX]

0. I sold all my cars and am now debt free barely hanging in there paying tuition without having to take out a loan.

[Silentoreo34]

I'm debt free with 5k in the bank for "back up"

[LOVERboy]

-20yrs old....
-$5.18 to CC
-own a house
-debt free

[onequartlow]

Debt free.....for now.

I am REALLY bad at saving money.....so I hope it won't change.

[RaVaGe]

$19k on my duramax
$500 on CC at 12.9%
$0 on s14
time to save/collect parts over the winter woo!

[Silverbullet]

I'm not sure if i've participated in this thread in the past few years but here is my current situation:

$9k left for my X-runner
$14k left on my stu loans
$100k + for my house

I plan to have my student loans paid off soon since the interest is crazy high - 6.7% or something.

My X-runner is only at 1.99% so i dont mind stretching it.

[300ZXttZMAN]

^ you have 12 thousand in the bank and you still owe your parents 5 g's?
why not pay them back? or are you a spoiled rich kid who's banking all his pay while having mommy and daddy buy your car parts.

This^^^^^^^^^^^^^^^^

[300ZXttZMAN]

student loans $25k + interest (still owe something like 15k i think..... graduated in 05)
Massive RB build had to put about 6k on a card after spending all my savings (only owe $2700 now and i transfered it to a 0% card till july)
$650 on another card (paying off next week)
still owe my boss $2k for the Tomei RB28 short block (just paid him $2k monday)
something like $8k in the bank

PERFECT CREDIT
11 years of credit.... never one late payment... not one.... i never pay minimums either.... thats for the birds.... most of my cards (6 personal, one buisness) are at 12.99%-13.99% right now (pretty good for credit cards) and my limits range from 4k to 16k..... the buisness card is rediculous like 50k lol


unfortunately NO retirement funds


Your buisness. Thats your retirement. :)

I know how that goes my dad is in the same boat.. When he retires im in the boat.

[Kingbaby]

a little over 20k

but all are in cars that can be sold off...

[ih8bmps]

6k for my loan i took out to buy parts for my car (stupid move)
4k left on my zx6rr.

not sure if age matters but everyone else posted it up so im 20

[Sil-Eighty SE-K]

Your buisness. Thats your retirement. :)

I know how that goes my dad is in the same boat.. When he retires im in the boat.

i dont own the buisness unfortunately lol

[Donnie J]

around 10k over here

[Tomme]

190k mortgage @4.75%
40k student loans @2.5%

no auto loans, no CC debt.

I pay for everything on my American Express, because I get 1-3% back on every purchase (~$500/yr). But I don't buy what I can't afford and I pay it off every month so I've never paid interest on it.

on the plus side:
$20k in the bank
~$70k in retirement savings so far (401k/IRA)

Looks you and I have a similar outlook for the next few years. Except that I have $158K left on my mortgage, $15K left on the student loan, a few hundred on a CC with no interest, and no car payment.

Still building up my savings from things purchased after I bought my house (furniture, appliances, etc.) and I'm no where near $70K on my IRA, but I only started paying in last year.

Not married, no kids, trying not to splurge in the interest of my future and the world's economic uncertainty. I'm liking the AmEx approach. I've often condsidered going that route. If you don't mind my asking, what's your payoff schedule? After every purchase, weekly, or just before the statement date?

[jesse_s13]

like 200 for books on my cc.
should be paid off next month.

[mantas]

Never had any and never plan to - but life shows it's horns sometimes. I got plenty of savings but no real assets besides my POS 240 lol.

[alcorp]

about 20 grand!and im 20 years old. About 5 grand on 240 stuff which is stock s13 and finally running and the rest is school. stupid cal poly

[M1Robert]

18k student loans
2k credit card
400 credit card

paid off my car
bought my 240 in cash

have about 15k in my 401k (after about year and a half starting it)
4k in bank

but right now both my daily driver and 240 are down...

[240_sxcoupes13]

^ you have 12 thousand in the bank and you still owe your parents 5 g's?
why not pay them back? or are you a spoiled rich kid who's banking all his pay while having mommy and daddy buy your car parts.


I'm using their credit card to buy my car parts because i don't have my own and their is still plenty left to order. just doesn't make sense to pay them out when ill be owing them money again in a week, plus my parents keep a list of what i owe them and for what, believe me there is nothing missing from it lol. peace

[joeapple8]

100 in credit card
800 to county
400 to wells
100 to bofa

I live on my own, I don't owe my parents a dime, I bought my car with cash.

Buy sell and trade to where I am at right now, SR hatch.

[DJDANGER24]

$7K from my wifes student loan
$800~ from new pots and pans
$400 left from wifes wedding/engagement ring combo
Wife has about $9K in 401K

My savings is empty, had to lend some family members money due to some emergencies. But it added it up to around $7K since we paid off our car earlier this year. Its amazing how much money you save when not paying an auto loan.

[TwelveAM]

$1k in Credit Card
$1k to a friend of mine
$1k to my mechanic

Pretty much it, but definitely not looking to barrow cash anymore after I pay off my mechanic. :smh