And down she goes, page-5

  1. 7,487 Posts.
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    Anyone that entered into a loan at 2% fixed and then anyone that never thought or budgeted that loans could go up to 5 to 7 % plus in the future are very poor money planers and it's been in the wind for a few years.
    A lot of these ones don't even listen to the basic news to get a sniff of what is going on.

    These ones also got the latest TV's, ph's, cars, furniture and you it name but struggle to cut back on the simple things.

    I have 3 family members in this situation and I know first hand how it all roles from what I see and we have been telling them for years to minimize your debt while interest rates are low.

    And to add to all that one son inlaw has a HECS debt of 175k.

    No good anyone crying to the media about all this, it's you and only you that can get yourself out of the situation you are in.

 
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