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Old 21-08-2009, 7:11 PM   #1
MSE Natasha
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Default 'Post-98 Student Loans' Repayment Ready Reckoner discussion
This thread is to discuss the new 'Post-98 Student Loans' Repayment Ready Reckoner




Please click reply to discuss
Last edited by MSE Natasha; 25-08-2009 at 12:55 PM..
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Old 25-08-2009, 11:29 PM   #2
sly_dog_jonah
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Not working tonight in either Firefox v3.5.2 or IE6
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Old 26-08-2009, 6:18 AM   #3
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doesn't work in Firefox or Safari for the Mac either - I have reported this to them
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Old 26-08-2009, 9:44 AM   #4
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Hi folks,

We think these problems are fixed now, thanks for reporting them. If you see any more, please let us know

Dan


MSE Senior Researcher, mainly responsible for looking after, and keeping up-to-date, ‘hard-core’ financial articles such as credit cards, savings and loans.

If you spot a rate change that we haven't already mentioned or added into articles or tips, Please send me a PM about it



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Old 26-08-2009, 9:04 PM   #5
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Why does the tool go over 25 years. I thought 'new' loans were written off at 25 years??????
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Old 26-08-2009, 11:12 PM   #6
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Hi starrynet - can you let me know what year and figures you input to get a date over 25 years and I'll look into it. Thanks N.
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Old 27-08-2009, 1:50 PM   #7
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This is a very straightforward and lucid guide to repaying student loans. I think I will be referring everyone to this article in the future, as it sets everything out very clearly.

The only thing I would add is...make the following text of the article REALLY BIG!


"Should I pay off my student loan?

No, No and No!"


Before you ask - DONT pay off your student loan quicker than you have to! (Do the maths - it works out).
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Old 28-08-2009, 9:08 AM   #8
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Thanks for agreeing with my suggestion!


Before you ask - DONT pay off your student loan quicker than you have to! (Do the maths - it works out).
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Old 28-08-2009, 10:21 AM   #9
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Quote:
Originally Posted by MSE Dan View Post
Hi folks,

We think these problems are fixed now, thanks for reporting them. If you see any more, please let us know

Dan
Seems to be working okay now, thanks. Does the calculator assume the salary and loan use the same rate of inflation for future rises/interest?
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Old 28-08-2009, 10:51 AM   #10
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Quote:
Originally Posted by sly_dog_jonah View Post
Seems to be working okay now, thanks. Does the calculator assume the salary and loan use the same rate of inflation for future rises/interest?

Yup, that's right for now. But there'll be an additional function added next week so you can compare how long it'll take to repay your loan if your salary doesn't follow inflation.
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Old 28-08-2009, 10:52 AM   #11
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Quote:
Originally Posted by JoeA81 View Post


Thanks for agreeing with my suggestion!

It was a very good point
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