Student loans pre 1998

jules2472021

Hello, 

Having deferred my student loans for 20 years I have now fallen into the category where I now am no longer eligible for deferment 

Eurdio have now contacted me saying I have to pay just shy of £200 a month with no room for change. 

I am unable to pay this so I am in a catch 22

I am now wondering if I make a payment I can afford all be it not what they want each month am I right in thinking that after the remaining 5 years is up regardless of balance the loans will still be written off ?

Thankz

[Deleted User]

jules2472021 said:

Hello, 

Having deferred my student loans for 20 years I have now fallen into the category where I now am no longer eligible for deferment 

Eurdio have now contacted me saying I have to pay just shy of £200 a month with no room for change. 

I am unable to pay this so I am in a catch 22

I am now wondering if I make a payment I can afford all be it not what they want each month am I right in thinking that after the remaining 5 years is up regardless of balance the loans will still be written off ?

Thankz

The lender will not cancel your loans if you are behind on any repayments.


The Education (Student Loans) Regulations 1998 

jules2472021

Thankyou very much for your response