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Debt Destroy

Biggest debt amount?


macy Rep Points: 500
Posted on November 6, 2007 at 2:32 pm
So far, how much was your biggest amount borrowed? And for what purpose you have use the money, investments or business or any other things?

Coconut Rep Points: 105
Posted on November 6, 2007 at 2:32 pm
My biggest debt is my mortgage. I guess you really couldn't call it a bad debt cause it's an asset.

macy Rep Points: 500
Posted on November 6, 2007 at 2:32 pm
That's a good spend chrissie as you will really need it and eventually it will pay off bigger in the future. Some people just have huge debts only for unneccesary things.

georgia Rep Points: 170
Posted on November 6, 2007 at 2:32 pm
The biggest I've ever borrowed, well let's just say it's enough to buy a car that's not so old and not so new. Get the picture? It took me five years to cover it.

trixie Rep Points: 185
Posted on November 6, 2007 at 2:32 pm
It was when we borrowed money from my grandparents to pay for our house. We prefer to personally finance the debt than having it in bank. In which case, it saves me from more stress and hassles.

lucky Rep Points: 250
Posted on November 6, 2007 at 2:32 pm
I think only a few hundreds, not that much as I'm afraid of some settlement issues.

conchita Rep Points: 185
Posted on November 6, 2007 at 2:32 pm
I became in debt after I got confined to the hospital. What made it worse was that I couldn't work to pay off the bills. After I got the bill was too big for me, and I had to get a loan to pay up.

lucky Rep Points: 250
Posted on November 6, 2007 at 2:32 pm
Thats so sad conchita, its sometimes hard to get away with big amounts of debt especially if its a necessity. hope you can make it up the earliest time.

vicdo2 Rep Points: 245
Posted on November 6, 2007 at 2:32 pm
The biggest debt my husband and I had was the mortgage,

squirrel Rep Points: 400
Posted on November 6, 2007 at 2:32 pm
I find it a necessity so I applied for a housing loan. Instead of paying my monthly rental, I decided to pour my payment to my monthly housing loan amortization. I'm in debt for 20 years.