New Posts For Thread: Record Month For Repaying Personal Debthttps://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debtBritish households repaid record amounts of debt racked up on credit cards and personal loans in April as consumers stayed away from the high street during lockdown.Figures from the Bank of England show £7.4bn of consumer credit was repaid during thsaddo03 Jun 20 18:51Joined: 04 Dec 05 | Topic/replies: 39,312 | Blogger: saddo's blogThere will be lots of extra money around if people go without holidays abroad for a year, if they spend it here or reduce their personal debts that is good.That washttps://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559398223#559398223saddo03 Jun 20 18:51Joined: 04 Dec 05 | Topic/replies: 39,312 | Blogger: saddo's blogThere will be lots of extra money around if people go without holidays abroad for a year, if they spend it here or reduce their personal debts that is good.That wasWed, 03 Jun 2020 18:13:41 -0500Food Shopping and diy and garden centre Be roaringhttps://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559396737#559396737Food Shopping and diy and garden centre Be roaringWed, 03 Jun 2020 14:06:13 -0500There will be lots of extra money around if people go without holidays abroad for a year, if they spend it here or reduce their personal debts that is good.https://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559396647#559396647There will be lots of extra money around if people go without holidays abroad for a year, if they spend it here or reduce their personal debts that is good.Wed, 03 Jun 2020 13:51:38 -0500£80 gym -Football sat £120 -Few beers after work weekly £80-Travel daily £10 -Food at work daily £10 -Kids clubs all gone £££ -Child care £££ -Mortgage break £££-No holiday this year £££-Can see £2500 max will go Far Can see peoplehttps://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559396599#559396599£80 gym -Football sat £120 -Few beers after work weekly £80-Travel daily £10 -Food at work daily £10 -Kids clubs all gone £££ -Child care £££ -Mortgage break £££-No holiday this year £££-Can see £2500 max will go Far Can see peopleWed, 03 Jun 2020 13:45:06 -0500It will be one extreme to the other as next few months will see record bankruptcies.https://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559394953#559394953It will be one extreme to the other as next few months will see record bankruptcies.Wed, 03 Jun 2020 09:07:00 -0500case, you may not have noticed, but the vast majority of retail outlets have been closed during the last twelve weeksdo you think that it might just be relevant as to why individuals have been in a position to reduce their debt levels ?https://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559394919#559394919case, you may not have noticed, but the vast majority of retail outlets have been closed during the last twelve weeksdo you think that it might just be relevant as to why individuals have been in a position to reduce their debt levels ?Wed, 03 Jun 2020 08:58:31 -0500But they are getting same or less than previouslySo they must have chosen or been forced to overspend, and now choose to pay down debt on same money.That is greathttps://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559394883#559394883But they are getting same or less than previouslySo they must have chosen or been forced to overspend, and now choose to pay down debt on same money.That is greatWed, 03 Jun 2020 08:52:42 -0500People are choosing to repay their debt from their income, some of which may have come from the state.Yes my Excact Point , if they are repaying EXCESS DEBT as your o.p suggest they have too much money to live on ..I know the 80 % scheme D , I am sughttps://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559394859#559394859People are choosing to repay their debt from their income, some of which may have come from the state.Yes my Excact Point , if they are repaying EXCESS DEBT as your o.p suggest they have too much money to live on ..I know the 80 % scheme D , I am sugWed, 03 Jun 2020 08:47:08 -0500Might have 2 kids and get 10kIf they have been running up debts then they are clearly spending more than They are earning, most on furlough do not get 2.5 k by the way, thatis maximum. Somebody on 1k a month is now likely getting 800https://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559394797#559394797Might have 2 kids and get 10kIf they have been running up debts then they are clearly spending more than They are earning, most on furlough do not get 2.5 k by the way, thatis maximum. Somebody on 1k a month is now likely getting 800Wed, 03 Jun 2020 08:36:36 -0500The state isn't paying people's debt, as you put it.People are choosing to repay their debt from their income, some of which may have come from the state.A subtle, but significant, difference.https://community.betfair.com/chit_chat/go/thread/view/94038/31649039/record-month-for-repaying-personal-debt?post_id=559394793#559394793The state isn't paying people's debt, as you put it.People are choosing to repay their debt from their income, some of which may have come from the state.A subtle, but significant, difference.Wed, 03 Jun 2020 08:35:15 -0500