Finally paid off my student loan:-) - BMW 3-Series (E90 E92) Forum

gangzoom · 08-15-2011, 10:56 AM

Its taken just over 6 years....but finally paid the bugger off today

..No idea how much I actually paid off in total but probably around the £20K mark, its amazing how much debt I build up in uni without even realising...especially a pint at the union only use to cost 80p

Got to feel sorry for people starting this year...cannot imaging leaving uni with a £50k debt

BGM · 08-15-2011, 04:00 PM

good work sir... i thank the lord every day i only had/have £16k

started paying in 2007... only 2 more years to go i rekon, can't wait!

Yoro35i · 08-15-2011, 04:09 PM

Congratulation mate! you know after cleaning debt you'll get a new car or buuy house and become indebt again!! lifes all about debt debt debt.

i just finished uni,i did the non-income based and took 9 grand out every year which 3k was uni fee's. Now i'm feeling the past fun and money spent is catching up...good o uni days gone , no more future money but i did have great fun!! sad times looking back..

just got the letter i own 29k atm.

debt paying begins for me oh dear~~

1 AKY · 08-15-2011, 04:20 PM

Quote:

Originally Posted by Yoro35i

Congratulation mate! you know after cleaning debt you'll get a new car or buuy house and become indebt again!! lifes all about debt debt debt.

i just finished uni,i did the non-income based and took 9 grand out every year which 3k was uni fee's. Now i'm feeling the past fun and money spent is catching up...good o uni days gone , no more future money but i did have great fun!! sad times looking back..

just got the letter i own 29k atm.

debt paying begins for me oh dear~~

Playing devil's advocate here (so no offence meant), but you're in this much debt and yet you drive an E92 335i....??

RockIt · 08-15-2011, 04:24 PM

Quote:

Originally Posted by Yoro35i

Congratulation mate! you know after cleaning debt you'll get a new car or buuy house and become indebt again!! lifes all about debt debt debt.

i just finished uni,i did the non-income based and took 9 grand out every year which 3k was uni fee's. Now i'm feeling the past fun and money spent is catching up...good o uni days gone , no more future money but i did have great fun!! sad times looking back..

just got the letter i own 29k atm.

debt paying begins for me oh dear~~

When I left Uni many years ago I worried about my 3K debt! 29K is a hell of a figure...yet you run a 335i...

Edit...1 AKY posted similar as I was typing

BTW...not having a go, just puzzled.

gangzoom · 08-15-2011, 05:10 PM

Love to be totally debt free, still got £90k on the mortagage left :-)

BGM · 08-15-2011, 05:25 PM

Quote:

Originally Posted by gangzoom

Love to be totally debt free, still got £90k on the mortagage left :-)

shhhh that's not real debt

p1tse · 08-15-2011, 06:11 PM

for those who have paid it off or close to in a couple of years, how much have you been paying each month.

i seem to forever paying mine!

BGM · 08-15-2011, 06:19 PM

on average i pay like £300pcm

it fluctuates tho

can't wait to get that cash in my pocket!!!

Yoro35i · 08-15-2011, 10:15 PM

umm its a really long story, i wrote off my 206 xsi and didnt have a car for around 1 year and a half as my father didn't want me to buy a crappy car so i was expecting a mini Cooper S first, then somehow i talk my father to buy the current car as we were sharing cars (an e240 which eats petrol like no tommorow) for the past year and a half , and during of which i had part time job so i saved a little, dad invested the insurance money and gain a little extra and as business was ok he contributed alot to the 335i and i contributed a little. So now i pay for petrol and maintence cost and half of the insurance as he uses the car too but we all know he bought it for me but the car is in his name so insurance is cheaper to cover me as named driver.

regarding the debt, i never thought about it before really until suddenly you get that moment and to stop and think about current life. Afterall its taken out of salary each month so i guess it be ok hopefully...i know its not much of a plan but i am those type of people would do anything to live the moment and regret later~~

Yoro35i · 08-15-2011, 10:18 PM

Quote:

Originally Posted by p1tse

for those who have paid it off or close to in a couple of years, how much have you been paying each month.

i seem to forever paying mine!

hi, just wondering if you owned a subaru impreza P1 before? just seem like it from your name ~ also if im right your surname is TSE??? if it is then HI bro!! i am TSE too! =]

08-15-2011, 10:56 AM	#1
gangzoom Lieutenant Drives: E90 335i M sport Join Date: Jun 2011 Location: Leicester Posts: 566 iTrader: (0)	Finally paid off my student loan:-) Its taken just over 6 years....but finally paid the bugger off today..No idea how much I actually paid off in total but probably around the £20K mark, its amazing how much debt I build up in uni without even realising...especially a pint at the union only use to cost 80p Got to feel sorry for people starting this year...cannot imaging leaving uni with a £50k debt Last edited by gangzoom; 08-15-2011 at 11:01 AM.
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08-15-2011, 04:09 PM	#3
Yoro35i TROll Drives: E92 335I M Join Date: Aug 2010 Location: London Posts: 1,344 iTrader: (0)	Congratulation mate! you know after cleaning debt you'll get a new car or buuy house and become indebt again!! lifes all about debt debt debt. i just finished uni,i did the non-income based and took 9 grand out every year which 3k was uni fee's. Now i'm feeling the past fun and money spent is catching up...good o uni days gone , no more future money but i did have great fun!! sad times looking back.. just got the letter i own 29k atm. debt paying begins for me oh dear~~ __________________ MY08 E92 335i M Sport Auto - Eisenmann exhaust- Duke Dynamic Carbon fiber Performance Diffuser - Forge Intercooler - CoBB AP stage 1 + map - BC Filter - Cool Carbon S/T pads - Hel SS lines - Eibach pro Springs - Carbon fiber Grill - Carbon Spoiler - Carbon Mirror caps - Rolled arch - 313 Style Wheels - Michelin pilot super sports - Cree 20W Ebay leds - CIC control retrofit- More coming soon!

08-15-2011, 06:11 PM	#8
p1tse Lieutenant Drives: Need more space Join Date: Jul 2007 Location: England Posts: 538 iTrader: (2)	for those who have paid it off or close to in a couple of years, how much have you been paying each month. i seem to forever paying mine! __________________ iDrive Pro Sat Nav with a mind of its own!

08-15-2011, 10:15 PM	#10
Yoro35i TROll Drives: E92 335I M Join Date: Aug 2010 Location: London Posts: 1,344 iTrader: (0)	umm its a really long story, i wrote off my 206 xsi and didnt have a car for around 1 year and a half as my father didn't want me to buy a crappy car so i was expecting a mini Cooper S first, then somehow i talk my father to buy the current car as we were sharing cars (an e240 which eats petrol like no tommorow) for the past year and a half , and during of which i had part time job so i saved a little, dad invested the insurance money and gain a little extra and as business was ok he contributed alot to the 335i and i contributed a little. So now i pay for petrol and maintence cost and half of the insurance as he uses the car too but we all know he bought it for me but the car is in his name so insurance is cheaper to cover me as named driver. regarding the debt, i never thought about it before really until suddenly you get that moment and to stop and think about current life. Afterall its taken out of salary each month so i guess it be ok hopefully...i know its not much of a plan but i am those type of people would do anything to live the moment and regret later~~ __________________ MY08 E92 335i M Sport Auto - Eisenmann exhaust- Duke Dynamic Carbon fiber Performance Diffuser - Forge Intercooler - CoBB AP stage 1 + map - BC Filter - Cool Carbon S/T pads - Hel SS lines - Eibach pro Springs - Carbon fiber Grill - Carbon Spoiler - Carbon Mirror caps - Rolled arch - 313 Style Wheels - Michelin pilot super sports - Cree 20W Ebay leds - CIC control retrofit- More coming soon!

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08-15-2011, 04:00 PM	#2
BGM Colonel Drives: F21 118d M Sport Join Date: Oct 2009 Location: Farnborough, UK Posts: 2,299 iTrader: (0)	good work sir... i thank the lord every day i only had/have £16k started paying in 2007... only 2 more years to go i rekon, can't wait!

08-15-2011, 05:10 PM	#6
gangzoom Lieutenant Drives: E90 335i M sport Join Date: Jun 2011 Location: Leicester Posts: 566 iTrader: (0)	Love to be totally debt free, still got £90k on the mortagage left :-)

08-15-2011, 06:19 PM	#9
BGM Colonel Drives: F21 118d M Sport Join Date: Oct 2009 Location: Farnborough, UK Posts: 2,299 iTrader: (0)	on average i pay like £300pcm it fluctuates tho can't wait to get that cash in my pocket!!!