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Paid off plan 2, still not showing as cleared

Hi :) I had 2 student loans- plan 1 and plan 2. Plan 2 was paid off, and I continue to pay plan 1. My problem is, plan 2 is still showing on my online account and repayments continue to go to it, leading to a credit balance. I have spoken to slc and explained and they've said it all balances out and my plan 2 payments are going to plan 1, but interest is still accruing!

Screenshot_20260207_200544_Samsung Internet.jpg Screenshot_20260207_200538_Samsung Internet.jpg Screenshot_20260207_200532_Samsung Internet.jpg Screenshot_20260207_200524_Samsung Internet.jpg

Comments

  • silvercar
    silvercar Posts: 50,726 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper

    It may reset at the end of the financial year.

    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • kezzygirl
    kezzygirl Posts: 999 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker

    Thankyou, it hasn't. Anyone else experienced this? I have made a complaint to slc. Hopefully they'll get back to me

  • silvercar
    silvercar Posts: 50,726 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper

    The end of the financial year is 5 April 2026. We haven’t reached there yet.

    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • kezzygirl
    kezzygirl Posts: 999 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker

    This has been the case for a few years. Last financial year it didn't clear. It has remained open. I've made a complaint to slc.

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