Student loans and DMp’s

[Simonjp77]

Hi.

I have had a DMP with StepChange for over 3 years and have recently made the change to go self managed

Included in my DMP was a student loan from 1995-1999

When I went into the DMP the interest got frozen/stopped and the total gradually came down.

Now I have gone self managed and am offering token payments, they have written to me about trying to defer the repayments.

so the question is would this then restart the interest on the loan(s), or just put off for a year the repayment?
because as I understand it student loans don’t default like a ‘normal’ debt?

also can you offer ‘F&F’ settlement offers for a student loan?

Many thanks

[nightwatch]

Hi simonjp77

sorry I am not sure what happens with student loans,
if you can wait for a while I am sure someone will be able to help you

NW

ps, didn't want you thinking we were ignoring you x

[Simonjp77]

That’s ok. Hopefully someone has some experience of this