| Confession | Date |
Hello I am 21 years old and extreemly depressed due to debt.
I am repaying a loan of €15000 which with interest ammounts to €19000 and yet I have no car, luxurys or anything to show for it. I used some of the money to help my parents out as my dads business makes a definite minus rather than a plus and my mam is just on sick pay. and some of it to pay for a course I was doing. There is constant stress in my house and I dont know how much more I can take. I wish I had never got that loan, it was far far too easy to get. I am never borrowing again until I get a mortgage. Added to my stresses is that I am in a temporary job at the moment but am looking for a full`time`one and the bit of money I make seems to go no where. My family all see me as the financially wise one, they do not know anything about my debt or how stressed out I am and my lack of want to live, although Im sure they sence that I am depressed. I would love to get rid of this debt in the next`year`and a alf...my dream | 06:24 PM Oct 17, 2007 |
Im into investment market, I was doing reasonable well, and the future seemed very bright. . I took a loan and got myself a new (due) car (in payments). I also got my credit line on my CC rise.
The idea was, that I could pay mostly everything with my job, and would be able to pay in full even before the terms, since I Have a very large property for sale.
Well, the last 5 months, even though I was making money, I was making way less than I did last year.... and the property sale has yet to came trough. I end up using all of my savings and my investments to pay all of my credit. Now I dont have any leverage nor any money. I have very little in my investment accounts, that just doesnt afford any more mistakes,
My wife had to quit her job, because a high risk pregnancy, ,, and her income meant 1/3 of our net income..
I had to borrow money from my sister to pay for my daughter birth.
Im desperate. | 11:55 AM May 24, 2008 |
| Although my debt isn\'t huge, i have ignored it for too long. I don\'t actually know where my money goes. I always feel like I am broke but I am making more than I ever have and have less expenses. I realized that i have to make a change now. My boyfriend is as bad if not worse regarding money, (I can only assume as we don\'t talk about our finances) and I am afraid that if we marry we will be doomed financially. I don\'t need to be rich but I have to break the cycle of living paycheck to paycheck like my parents have. | 05:22 PM Dec 28, 2006 |
| Since the first`day`I married I have been in debt, I told my husband I cant do the finances, he keeps telling me I can do it. About 8 yrs ago we sold stocks and made a lot of money, and I overspent it, we built a house and overspent, took out a small loan, then a bigger loan. We were giving property which we sold, and that money is all gone and I have $65,000 in credit card debts and a $210,000.00 home equity loan . I am sick of my self. When I go shopping I return most of the items I purchase and still I over spend. | 09:48 PM Dec 12, 2007 |
| drowing in credit card debt. | 06:11 PM Mar 11, 2007 |
| I have made such a mess of things, I\'ve been married a couple of months and had such a wonderful wedding`day`and have married a wonderful man but i have a disgusting and terrible secret i am massively in debt and it\'s got to the stage where i can\'t even afford to pay the minimum payment on all the cards i have. I know i have to tell my husband but i am so terrified i will lose him, i am such a disappointment and hate myself so much, not as much as he will when he finds all this out. We had such a wonderful future ahead both have good jobs, a lovely home, great family and were planning on starting a family of our own next`year`but that\'s all in tatters now. I just want to curl up and die, seems that would be an easier option, if i lose him i may as well be dead. I can\'t stand to see the anger and disappointment in his eyes, i\'ve betrayed him and destroyed what we have and can see no good coming of this. | 06:06 AM Oct 27, 2006 |
I am maxed out on all four of my teenie tiny credit cards and am constantly needing the little $30 available on them after I make a payment. My credit is on the mend, but it is a long, hard road. I have a newborn and am in a relationship with a man I am deeply in love with, but cannot offer any financial support other than his half of the rent. Sometimes I feel I would be able to be more financially stable if I weren\'t in this relationship, but where would that leave me and my son emotionally?!
Can love conquer all? Money included?! | 01:01 PM Jan 31, 2007 |
| I am a 52`year`old women, with debt that I feel like I cannot control anymore. My husband does not know all of my debt. He just hands me the paycheck and I pay the bills. My main bills ( mortage never 30 days late, electric phone fuel are always paided if I get shut of notice or before that). Its the other debt. Unsecured loan 11,ooo.oo through popular loan company. Credit cards 10, medical bills no medical insurance, and now I have come viticm to payday loans. I feel so traped and fell like there is no way out I dont know what to do. I wish I could start all over again. I am so ashamed of myself. No excuses just pure remorse. I did tell my husband about big loan and most of credit cards a few months ago and he really has done nothing to help with a solution. I am afraid to bring anything else up about anything. Just on merrygoround and cant get off. I am working but not making enough money to really help because now I have the stupid payday loans. | 01:27 PM Aug 19, 2008 |
My father has been heroic helping me out, while I\'ve been a single parent of 3 children, but I feel guilty every`time`I accept a cheque from him as it makes me feel inadequate and I hate the thought that I\'m undermining savings that he\'s made to provide for his and my mother\'s old age.
I lost all the savings I made from selling my family house when I started up a small travel business which went bust when 9/11 meant the loss of bookings and now I\'m finding great difficulty finding suitable employment and seem to be just moving from one financial crisis to another. Whilst being on Job Seekers Allowance, an impossible sum to live on, I have run up debts with my credit card, which although not enormous, gives me anxiety as I have nothing to fall back on now. My car looks like it might be terminally ill and I realise I cant afford to replace it, but without a car I won\'t be able to drive to jobs when they\'re offered, which is necessary as I live in the country. I need advice!
| 06:04 AM Sep 12, 2007 |
| loans | 03:43 PM May 14, 2009 |