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Loan Interest Rate

General_Shark

General_Shark Posts: 3 Newbie

21 February 2009 at 9:48PM in Student MoneySaving

With the Student Loan interest rate determined by the March RPI, and the RPI generally decreasing each month (0.1% for February I think), if it turns into a negative, does that mean we switch to a a negative interest rate?

Or is this just wishful thinking?!

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Comments

Fire_Fox Posts: 26,026 Forumite

21 February 2009 at 10:35PM

Read the shall I pay off my loan thread, this issue has been discussed at length.

Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️
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General_Shark Posts: 3 Newbie

22 February 2009 at 12:30PM

Ta. http://forums.moneysavingexpert.com/showthread.html?t=1400499&page=3, also has some discussion relating to this.

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