Well, it will be bad and it will happen again. Saw an article today about some bloke with 25,000 debt, pays 1800 a month to service those debts, and reckons it will now cost him another 250 a month. He states that he will have to tighten his belt. If he did that to start with, he wouldn’t have the debt. And then everyone expects the government to bail them out. Why should they? After all, if they did that, they would have to borrow, and our grandkids will still be paying for our mess.
Silly bugger.
He could easily apply for another credit card and load that one up.
Simples.
That’s what they do In Merica whenever they run out of money.
Anyway, the definition of “skint” will be redefined soon by the Brandon administration so I wouldn’t be
too concerned and if possible I would advise him to convert it to student debt- as that will be forgiven in a bid for votes..
Personally, I’m legally challenging all my outstanding loans as they were apparently given to a bloke.
I no longer consider myself a "bloke" and instead use the pronouns of git, tosser and smart cnut so clearly have an excellent case.
Oh and I will be retrospectively retiring at 30 which is what the person lying next to me did as I will be focusing on conceiving via the worlds first up the as5 pregnancy,