Know thy neighbour's debt

Home Forum Chat Forum Know thy neighbour's debt

Viewing 40 posts - 1 through 40 (of 61 total)
  • Know thy neighbour's debt
  • Premier Icon tomhoward
    Subscriber

    56 and 5.5 mill near me

    Premier Icon colournoise
    Subscriber

    168 people / 17.7 million debt in my postcode area in the last 12 months!

    They are the parents of the kids I teach…

    Premier Icon footflaps
    Subscriber

    Payplan has an interactive map of UK debt (well clients they are helping):

    Debt Map UK

    Amazing how big the numbers are for debt, near me 23 people owing £2m between then.

    401 and 28.6!

    😯

    Premier Icon Drac
    Subscriber
    5thElefant
    Member

    2 people, £32K in the last 12 months. Nothing from 3 months.

    peterfile
    Member

    Those figures include secured debt though, so potentially mortgages?

    If so, the levels aren’t that bad.

    175 people, 22million!

    ouch

    Keva
    Member

    Debt assessed in the RG14 area
    Total people advised 58
    Total value of new debts £6,092,379.00
    Average debt per person (secured & unsecured) £105,041.02
    New Debt Management Plans 27
    New IVA’s 19
    New Trust Deeds 0

    rogerthecat
    Member

    3 in our village owing £33k and one CVA – now who could that be….?

    Premier Icon footflaps
    Subscriber

    Those figures include secured debt though, so potentially mortgages?

    It’s whatever they have defaulted on and have set up a debt repayment plan for. So yes, mortgages could be included – although at a total stab in the dark guess, I’d expect more non home owners to have debt problems than house owners?

    Markie
    Member

    Total people advised 10
    Total value of new debts £1,113,393.00
    Average debt per person (secured & unsecured) £111,339.30

    Premier Icon unklehomered
    Subscriber

    Ahh, I used to be a credit underwriter, trust me, its waaaayyyyyy more mind boggling when you see the details.

    “I owe 60K on maxed out accumulated credit cards, i’m rubbing my Overdraft up the wrong way and I missed two mortgage payments in the last 2 years… you know what? I want a new car…” 🙄

    The really annoying thing was we knew KNEW that if we said no, someone else would say yes.

    I do not miss that industry…

    I’d expect more non home owners to have debt problems than house owners?

    Can’t say as to now, but while tenants were generally more committed, they tended to get by treading water and not go bad. i.e. you’re gonna miss payments to your landlord, not your mortgage provider…

    Premier Icon somouk
    Subscriber

    382 and nearly £27 million by me!!

    Looks like a lot of people in debt around here!

    tinsy
    Member

    260 & £27 Million…. 104k average!!!

    Tom B
    Member

    144 8.5 million 60k per person average in one of the poorer areas of Stoke! Can’t imagine the average income being anything like 20k a year around here!

    Pigface
    Member

    Hang on you are going to have to humour me because I am a bit twp, are we saying that these are debts that arent a mortgage?? Or does the mortgage come into it if you have missed a few payments?

    Premier Icon footflaps
    Subscriber

    3 in our village owing £33k and one CVA – now who could that be….?

    Start a witch hunt…..

    Premier Icon footflaps
    Subscriber

    The “debt” is the total debts of the individual which are included in the restructuring by Payplan, so it may or may not include mortgages.

    Pigface
    Member

    Ah ok cheers footflaps, still some pretty scary numbers.

    brakes
    Member

    in the last 12 months. 788 people, £57m, £72k per person.
    is this personal debt, or does it include business debt?

    b r
    Member

    In the last 12 months

    2 people
    £293k debt
    £146k per person

    Rural area

    zokes
    Member

    Yikes – 16mil near my parents, but only a mere 400k in my old stomping ground of North Wales

    Premier Icon gbichan
    Subscriber

    Scary figures. We seem to be doing not too bad though. Looking at all postcodes in the county only 2 people advised, 1 new debt management plan, with an average debt of £19.5k. Admittedly the population is only 20k of which 81.3% is in work which helps.

    Premier Icon njee20
    Subscriber

    Looks like SM6 is the worst area. Interesting numbers.

    warton
    Member

    oh, so that’s not just debt, it’s debt people have defaulted on, or have asked for help on?

    jesus…

    including out house we owe 150k, but nowhere near defaulting on it.

    whatnobeer
    Member

    In my old town 1 person, £6.5k, not a huge amount. New one, 50 folk and around £3.5 million.

    dooosuk
    Member

    M21

    Total people advised = 560
    Total value of new debts = £38,588,300.00

    Avergage £69k

    Not really that surprising.

    grum
    Member

    Total people advised : 60
    Total value of new debts: £4,457,200.00
    Average debt per person (secured & unsecured): £74,286.67

    samuri
    Member

    Average debt per person round ours is 88 grand. if that does include mortgages then I laugh at the average debt figure 🙁

    mcmoonter
    Member

    Total people advised 54

    Average debt £77000, yikes.

    bikebouy
    Member

    Bit nosey aren’t you?

    Does it make any difference to your life apart from knowing what other owe, including yourselves BTW.

    brakes
    Member

    well yes, I know if they borrow a pint of milk, I might not get it back.

    patriotpro
    Member

    48 and 65mil!

    cranberry
    Member

    Average debt per person helped: £157,626.57

    😯

    Still, there are a lot of shiny cars on the roads.

    Premier Icon uphillcursing
    Subscriber

    Not one in the postcode where my house is. Not that suprised though. Cattle do not seem that creditworthy.

    bencooper
    Member

    It’s interesting, but not really all that informative – this is only people who are in such bad shape that they have to go to this company for help. In Bearsden, population 28,000, that’s 135 people.

    Not really surprisingly, people who get in that much trouble end up owing a lot.

    Trimix
    Member

    Its pretty meaningless. Correlated to house prices and job vacancies would be better.

    Premier Icon ir_bandito
    Subscriber

    No debt in Hexham it seems…

    glupton1976
    Member

    None in my part of Edinburgh either. Or the estates either side.

Viewing 40 posts - 1 through 40 (of 61 total)

The topic ‘Know thy neighbour's debt’ is closed to new replies.