applying for a loan after they've been in an IVA?

[lily]

For the record I wasnt judging, we can all justify things we want to buy or pay for. I just know that if I cant pay for it I will do without it.

We ALL talk about a debt free life. I drive a car and mine wont last forever but what is wrong with putting the money into a savings account for two or three years and buying one? Thats what I plan to do.

Its only 2K but its debt and for the sake of one day, I do think its crazy.



lily

[thebear29uk]

Lily

Everyone will view credit with new eyes following debt problems. I wasn't having a dig at you with my post, merely pointing out that we are not alcoholics who will fall off the wagon if we have a single drink. As Mel says credit can be used sensibly. Sometimes saving for 2-3 years might not be the answer.

But its down to each and every one of us to decide what is best in any given situation.

Regards

Dave

[lily]

It is down to each and everyone to decide and thats true. If you feel you need a loan, you need a loan. It really does not matter about the purpose as long as you are sensible.

I know you were not having a go but saying what you think.

Its just that I would prefer to gain interest on savings than to pay it on credit.

I wouldnt entertain borrowing again myself, even if I could manage to pay it back, it has a nasty way of creeping up and I wouldnt want to be bitten on the ass with this monster twice.

To each his own.



lily

[aguise]

Hi there I think a lot of us are either still in or are recovering from the stress and trauma debt can cause and the thought of more credit is something we would not entertain. Mine was just my opinion and how I feel i did say I am one of those who would rather have a set of saucepans for xmas than a bottle of perfume as Lily says each to his own and as individuals thats how it should be.

Ang


Please visit my blog at http://aguise.blogs.iva.co.uk/

[Skippy]

I agree Aguise. The only credit that I will think about (if I can get it) is a car loan. In an ideal world I will save the money, but my last car packed up without warning and if that happened again I wouldn't have any choice but to borrow money.

I would definitely rather have perfume than saucepans - Dave says I don't even know where the kitchen is! I understand it's the small room at the front of the flat with a lot of cupboards, but I'm not sure!

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

[jane.l]

Funnily enough, I have just been vacuuming my stairs with my little hand-held vacuum and it keeps stopping, I fear its nearing the end of its life and was thinking maybe I should ask for a new one for Christmas!!!!!! Although I would rather have perfume!!!!

[aguise]

Just for the record I dont whiff, I do have some perfume and two sets of saucepans. Jane go for the hoover it will save you forking out. Hubby and I are now having vouchers for b day and xmas of everyone, a bit boring but we can get what we need when we need it and save a bit of cash.

Ang

Please visit my blog at http://aguise.blogs.iva.co.uk/

[ray_a]

Agree with the poster about car finance and perhaps a small mortgage other than that everything has to be saved for!

As for weddings well I would try and have a simple wedding!

After all you don't want to start your married life worrying about debt!

[scaredkez]

well i remember my wedding day we done it on the cheap, church ,hall , photos and videos and what a splendid day,piper, kilts and all, its not about money its about love and sharing the rest of your lives together, we would have married anywhere, regardless, we waited until we could afford it we had a baby, and everyone kept saying instead of having a big wedding take the money!!
we paid for it, the majority of it anyway, and everyone had the best time, if you truly love someone wait and add up the costs this was even before we were in debt and had the best day ever, a wedding should be something you remember but not something to put you into debt before you begin, a marriage is born out of love, i wish you love and hope you have the best day ever like i did,
kerri

Please view my blog at: http://scaredkez.blogs.iva.co.uk/

[james.c]

I wasnt having a go, and i know more than anyone love means more than money.

Please please be carefull, for your own sake i hope i dont hear you been in an iva again.

All the best for the future

no matter how bad money gets, theirs stll alot more important things in life

[Dominic]

i know the wedding is one of the biggest events in your life, but bear in this in mind, you ahve jsut got out of debt climbed out of the quagmire, and you appear to be considering jumping right back into it?

Get the wedding costs down if you can I know it sounds haeartless, but it is better han gettign back on the debt treadmill.

[s.b.w]

After what you've been through I would suggest cutting back... ask for donations towards the cost of the wedding instead of borrowing for it.

I personally after my IVA is done... I wouldn't consider spending thousands on a wedding that I couldn't afford!

As everyone else said, I'm not being nasty, but surely starting off married life solvent is beeter than getting yourself back into debt!

Whatever you decide... enjoy your special day and have a happy debt free life! If Possible....

Arghhhhh!!!!!!!!!
If only I'd said NO!

Go to my blog at:

http://shazzy.blogs.iva.co.uk/