;)We have a mate who often runs up credit card debt but never goes over £500.00 and it never gets followed up he just keeps on doing it year after year. Cheers Graham
This is interesting, I still have a uk credit card, maybe when I go back to visit I will stay at the Savoy and hire a limo then post it back to them.:)
We paid all off before leaving.
We'd bought some nice furniture before leaving and they threw finance at us.
Tempting as it was it all was paid off.Just in case they could come and get you/give probs here or await your return.
Glad we did as we have had to make several trips back to the UK for family illness issues.We felt a lot easier about things.
Sleeping easy was one of our goals here.
International boundaries are shrinking daily and I reckon it's only time before a "Global credit history" evolves.
My sis is a top boss at experian so knows all about this. After 7 years your debt is written off. The chances are the company your debt is with will write it off if its under 5 grand - HOWEVER there is nothing to stop the company selling on the debt to a third party who can track you down - apparently companies are developing more and more sophisticated ways to track you down.
We owed about 4 grand on our egg credit card and my sis told us that company is a bugger for getting you.
We paid it off as the thought of a knock at the door in the future and the worry of always looking over your shoulder worried the hell out of me.
At the end of the day I couldn't have lived with myself knowing I'd taken money and not paid it back.
I Have to agree with tyke and Nicky on this one , leave the uk with ALL issues resolved....job done no worries. Cheers Graham
Just to through a spanner in the works not sure the question should be can you leave them but should you leave them!!!
We all know banks/credit card comp. will get their money back one way or another and if you walk leaving debts they will re-coup the outlay by giving some pore s*d (who has worked just as hard always payed his debts and is probably worse off than you) extra charges/ higher fees/ higher intres rates. Not sure leaving 20/40k debts is anything to admire!!!!!
Did anyone say it was !!!!! This is a forum where info is exchanged and I was merely passing on something I'd heard wasn't implying anyone should actually do it
Originally Posted by ali@51
Personally I believe if you take on a debt -it should be repaid - no matter how much money the company makes.
I think its just plain wrong to take money without paying it back.
No need to shout Jill, had a few frothy ones this arvo and trying to get a little rest;)
Originally Posted by jill wright
Sorry just making a point (wow how big does that writing look)
might have a few frothy ones myself this aft that is when we've got the painting out of the way in order to sell the house (although might have a few frothy ones while we're actually doing it might get done quicker that way)