How many of those who are getting into this HUGE amount of debt have considered how they are going to live?
£650 month repayments, in the south east a minimum rent of £550 month, council tax £75 month if single allowance, £200 for baked beans and toast, assuming no car then £40 month transport to work...... we're up to £1515 a month already
Or are we all going to live at home for the foreseeable future? No partner (or a rich one!), can't afford to start a family, go out, buy birthday/xmas presents etc etc etc.
I agree the likes of London Girl CAN afford to take the risk, but there is no way I would've risked all my parents had worked for to satisfy my "need" for an fATPL.
Is there anyone over say 25 who is independant who is prepared to do this?
Sorry, but I agree with
WWW. Sheer madness, and to an extent, total disbelief that the wider, longer reaching effects of being in this deep cannot be seen.
Severe reality check required me thinks.
Good luck to one and all.