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Student Loans Company to trial automatic refunds for those that overpay - MSE News

Former_MSE_Callum
Former_MSE_Callum Posts: 696 Forumite
Third Anniversary 10 Posts I've been Money Tipped! Newshound!
in Student MoneySaving
The Student Loans Company is trialling automatic bank refunds to former students who have overpaid their loans

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Student Loans Company to trial automatic refunds for those that overpay

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Comments

  • silvercar
    silvercar Posts: 49,680 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    With interest?
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • Ed-1
    Ed-1 Posts: 3,960 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    silvercar said:
    With interest?
    The regulations state that interest will be applied at the rate of the loan for up to 60 days. Then no further interest applies.
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