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Not allowed to pay the remaining balance of student loan
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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?
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Comments
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Very strange. My hubby paid his over the phone with his debit card. How much do you owe?0
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How did you propose the full amount?0
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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
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