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 repayment query
Hi. I took out a student loan in 1992 and have just finally started earning enough to have to repay it (been deferring for 23years!!!).
Will I have now pay the whole amount off even though this will extend the period of the loan over 25 years or will I just have to pay for the remaining two years then any remaining debt will be wiped?? Just can't seem to find the answer on Erudio's website..........
Will I have now pay the whole amount off even though this will extend the period of the loan over 25 years or will I just have to pay for the remaining two years then any remaining debt will be wiped?? Just can't seem to find the answer on Erudio's website..........
2018 MFW #60 £1200/£6000
2017 MFW #60. £3902.22/£2500
2016 MFW #60. £2175.51/£5000
2017 MFW #60. £3902.22/£2500
2016 MFW #60. £2175.51/£5000
0
Comments
-
I can only assume that as you still owe all the debt then you will have to repay all the debt0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards