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!
Erudio - deferment threshold
Hello,
Wonder anyone can advise..
I took out 4 student loans between 1997 and 2001. They were later sold to Euridio. I have always deferred due to earning under the threshold. My current deferment ends at the end of this month, but I am currently covering a colleagues maternity leave and will be earning a full time wage until the end of Nov 2020. Whilst June to Nov I will be earning over the monthly threshold, I will not earn the annual income threshold. I called and was honest with them but they have said I must pay. I was told I will have to continue paying until Feb 2020 when I can apply to defer again. Frustratingly, I was told had I just sent my p60 from last year, i could have deferred but my call counted as a “disclosure”. My husband is just about to lose his job so I really wanted just to check whether I have any grounds to challenge this on the basis that I will not earn above the annual threshold from June to June 2021? Thank you.
Wonder anyone can advise..
I took out 4 student loans between 1997 and 2001. They were later sold to Euridio. I have always deferred due to earning under the threshold. My current deferment ends at the end of this month, but I am currently covering a colleagues maternity leave and will be earning a full time wage until the end of Nov 2020. Whilst June to Nov I will be earning over the monthly threshold, I will not earn the annual income threshold. I called and was honest with them but they have said I must pay. I was told I will have to continue paying until Feb 2020 when I can apply to defer again. Frustratingly, I was told had I just sent my p60 from last year, i could have deferred but my call counted as a “disclosure”. My husband is just about to lose his job so I really wanted just to check whether I have any grounds to challenge this on the basis that I will not earn above the annual threshold from June to June 2021? Thank you.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards