Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 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!
Mortgage style student loan deferment
Comments
-
Pretty sure that only the Government will know why it has been reduced. I am not sure knowing the reason why it has been reduced will help much though.0
-
Yeah, you're right I guess. Just wasn't expecting a reduction like that. Not good news for some.0
-
The deferment threshold has always been set at 85% of the average earnings of full time workers in Britain. The reduction is probably due to average wages falling in the current economic situation, and it is not the the first time it has reduced, it did in 2010/11 and 2014/5 too.AlexCL said:Can anybody confirm that the threshold has been reduced to £30. 646? If so why has this dropped from £32.347? None of the companies seem aware of this reduction but this has been released on the GOV UK website.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards