Student Loan Government Petition

cduance

http://petitions.pm.gov.uk/Student-loans/

Sign This Petition

Why should you sign

Apparently when you pay back part of your loan to the Inland Revenue each month they hold on to the money until the end of the financial year and then make a payment to the Student Loans Company. This means they are earning interest on your money and the student loans company are still charging you interest on the money that you thought that you paid back.

Martin Lewis if you could help with this topic that would be very helpful students tend to get bad press all the time and absolutely screwed for money this looks like another case.

Charles

dmg24

Charles,

Welcome to MSE.

It is always best to do a search before posting a new thread. This topic (and this petition) has been discussed several times before.

cduance

I could not find anything whilst searching is there a link

dmg24

http://forums.moneysavingexpert.com/showthread.html?t=412946&highlight=student+loan+petition

http://forums.moneysavingexpert.com/showthread.html?t=429021&highlight=student+loan+petition

http://forums.moneysavingexpert.com/showthread.html?t=407900&highlight=student+loan+petition

melancholly

the main issue with the petition is that it's wrong! it's been on here a few times and unfortunately quite a few people have signed it without realising that it's inaccurate.