We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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

dave_t_4
Posts: 12 Forumite
I’ve been deferring my loans from 97 and 98 for some time now because I’ve never went over the threshold.
However, deferment has come around again and I’ve found that I’m now over the threshold due to working overtime through Covid/isolations. Does anybody know if exceptions are made due to extraordinary circumstances or is it just tough and I’m now going to have to start repaying?
Thanks in advance
Thanks in advance
0
Comments
-
dave_t_4 said:I’ve been deferring my loans from 97 and 98 for some time now because I’ve never went over the threshold.However, deferment has come around again and I’ve found that I’m now over the threshold due to working overtime through Covid/isolations. Does anybody know if exceptions are made due to extraordinary circumstances or is it just tough and I’m now going to have to start repaying?
Thanks in advance0 -
Just to elaborate on the above post, from 1st September 2021, "the deferment threshold for mortgage style loans will be £36,284." (Up from £30,646 this year.)
https://www.gov.uk/government/news/student-loans-interest-rates-and-repayment-threshold-announcement--2
0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.6K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards