Property News · July 17, 2017

UK students should not try to pay off loans early, research suggests


Many graduates panic at rising interest rate but overpaying is ‘just throwing money away’, says money expert Martin LewisStudents should not try to pay off their loans early despite the controversial rise in interest rate to 6.1% in September, according to research by money expert Martin Lewis.Lewis says his moneysavingexpert.com site has been “swamped” by graduates terrified by new statements that show their debt spiralling in size after interest is added. He believes most graduates will never repay their debt. Continue reading…

Source : theguardian.com
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