If I lost my job or took a reduction in pay how would this affect my repayments?

Answer

Student Loans Company repayments are based on how much your earn. The PAYE system adjusts your repayments when you go over or under the repayment threshold of £25,000. You will not repay any of your loan if you are earning below £25,000.

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  • Last Updated Aug 30, 2022
  • Views 14
  • Answered By Ash Kapriyelov

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