Any queries? I’ve nearly completed repaying my education loan – how can I avoid overpaying?

Any queries? I’ve nearly completed repaying my education loan – how can I avoid overpaying?

We frequently get inquiries via our sites. We usually do not provide advice, but we make an effort to signpost to sourced elements of further information and help. A number of the replies could be helpful to other people, therefore occasionally we shall post them anonymously as ‘question and response’ news products. We now have gotten concern recently from a student-based loan debtor that has very nearly completed repaying their education loan.

Please be aware – it is posted as a ‘news’ item, which means that the information and links aren’t evaluated and updated. You shouldn’t depend on it without checking the total facts of your situation with all the figuratively speaking Company or an income tax adviser.

Concern:

We have very nearly completed repaying my Arrange 1 education loan. I have read inside the news that borrowers will get by by themselves overpaying their loans which demonstrably i will be keen in order to avoid. Exactly what do i really do to stop this from taking place?

Response:

We realize that this is an issue that is common the one that both borrowers while the scholar Loans Company (SLC) would you like to avoid. Continue reading “Any queries? I’ve nearly completed repaying my education loan – how can I avoid overpaying?”