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Erudio Deferment
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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
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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
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