We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Not allowed to pay the remaining balance of student loan

book12
Posts: 2,557 Forumite
Got a letter today mentioning that I am close to repaying the student loan.
It gives me a choice to pay the remaining balance in full or pay the remaining balance by a monthly direct debit. I chose to pay the remaining balance so I called up. The advisor mentioned that I'm not allowed and can do it it by a monthly direct debit. I took up that offer to pay by direct debit.
Why am I not allowed to pay the remaining balance in full?
It gives me a choice to pay the remaining balance in full or pay the remaining balance by a monthly direct debit. I chose to pay the remaining balance so I called up. The advisor mentioned that I'm not allowed and can do it it by a monthly direct debit. I took up that offer to pay by direct debit.
Why am I not allowed to pay the remaining balance in full?
0
Comments
-
Very strange. My hubby paid his over the phone with his debit card. How much do you owe?0
-
How did you propose the full amount?0
-
What type of loan is it? Plan 2 says that you can switch to DD if the loan is due to be repaid within 4 - 23 months, perhaps only if it's less than 4 months to repayment they allow payment by card.
http://www.studentloanrepayment.co.uk/portal/page?_pageid=93,6678768&_dad=portal&_schema=PORTAL0 -
What type of loan is it? Plan 2 says that you can switch to DD if the loan is due to be repaid within 4 - 23 months, perhaps only if it's less than 4 months to repayment they allow payment by card.
http://www.studentloanrepayment.co.uk/portal/page?_pageid=93,6678768&_dad=portal&_schema=PORTAL
It's a plan 1 loan.0 -
Paying by debit card should be done online
http://www.studentloanrepayment.co.uk/portal/page?_pageid=93,3866890&_dad=portal&_schema=PORTAL0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.6K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards