We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Student Loan Interest
damienfwalsh
Posts: 3 Newbie
in Loans
Any help would be greatly appreciated.
I have been paying off my student loan since starting work after uni in 2003. But in my current job my payments from HMRC can be up to two years behind. I am wondering if the student loan company will make an interest rebate given the fact that I am paying interest on amounts that I have already paid off that havent yet reached them because of the delay by HMRC. My 2009/2010 payment has just been made so I have been paying interest on the total amount since April 2009 until this month as the deductions hadn't been taken off... Is that all too confusing?
I can't do anything about the delay by HMRC, it's down to my job role and it's common practice within my profession.
Thanks in advance...
D.
I have been paying off my student loan since starting work after uni in 2003. But in my current job my payments from HMRC can be up to two years behind. I am wondering if the student loan company will make an interest rebate given the fact that I am paying interest on amounts that I have already paid off that havent yet reached them because of the delay by HMRC. My 2009/2010 payment has just been made so I have been paying interest on the total amount since April 2009 until this month as the deductions hadn't been taken off... Is that all too confusing?
I can't do anything about the delay by HMRC, it's down to my job role and it's common practice within my profession.
Thanks in advance...
D.
0
Comments
-
what do you mean HMRC payments are two years behind? You get paid, HMRC takes off tax, NI and student loan...assuming you're PAYE?Debts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;Debts as of May 28th 2011:Santander CC: £0.00Lloyds OD : £0.00DFW Nerd #1247 - Proudly dealt with my Debts
Olympic 2012 Challenge #12
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards