We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
My previous employer did not deduct Student Loan Payments
Options
Comments
-
ferien_uk2011 wrote: »Your bill is £700 or am I misunderstanding?
I only paid back my student loan at a rate of £1 a month, so a one year bill would be £12. Admittedly, I was only earning just over the 15K but still, £700 seems a lot.
For income related loans you pay 9% of everything you earn over £15,000 so if the OP is earning ~£23500 he'll have paid ~£700 over the year.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards