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Season Ticket Loan and SSP
dotdash79
Posts: 1,069 Forumite
I'm currently off work and my full salary sick pay is to end soon, I have a season ticket loan and if I end up on SSP will they still take the loan payments? Also I have the ride to work payments coming out would these continue?
I'll only have one payment left to make under SSP, so it's not a massive amount owing, and work have said that they may pay me full pay for an additional couple of months depending on how close I am to coming back to work. So it might not be an issue.
I'll only have one payment left to make under SSP, so it's not a massive amount owing, and work have said that they may pay me full pay for an additional couple of months depending on how close I am to coming back to work. So it might not be an issue.
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Comments
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What are the terms of the loan?
how do you expect anyone to know those?
even if SSP could not be touched directly the terms of the loan should cover what happens if you earn nothing that the payments can be deduced from.0 -
Sorry it's a loan with 10 monthly payments from my net pay. I can remember the exact terms of the loan as the paper work is in my desk at work.
I can't remember it saying anything about not being able to cover the payments, just if I leave it would be taken from my final wage0 -
Sorry it's a loan with 10 monthly payments from my net pay. I can remember the exact terms of the loan as the paper work is in my desk at work.
I can't remember it saying anything about not being able to cover the payments, just if I leave it would be taken from my final wage
That could be a problem if it took you below NMW.0
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