Debt Story #15
Posted by: Kyle Mills on 6th Apr 2009 | 1 Comments | Post Comment
Had just got a brand new job in the stock controlling industry and was earning upwards of £1500 a month so wanted to splash a bit and buy a new car. The dealer saw me coming as i'd never bought a car before and before i knew it i was paying £350 a month for a corsa! A little time after this my job became very scarse with the amount of hours i was working and eventually i was running low on money and thinking that my job would pick up i went and got an unsecured loan to cover to payments on the car. I ended up borrowing £1500 and before i knew it this had been payed off the other people i owed money to leaving me with nothing to actually pay the payments on the car. I ended up losing my job and losing the car and have been struggling with the debt ever since.