{"id":61500,"date":"2017-07-22T13:00:30","date_gmt":"2017-07-22T06:00:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loans-company-quadrupled-my-interest-rate-just-for-taking-a-short-trip\/"},"modified":"2017-07-22T13:11:34","modified_gmt":"2017-07-22T06:11:34","slug":"student-loans-company-quadrupled-my-interest-rate-just-for-taking-a-short-trip","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loans-company-quadrupled-my-interest-rate-just-for-taking-a-short-trip\/","title":{"rendered":"Student Loans Company quadrupled my interest rate \u2013 just for taking a short trip"},"content":{"rendered":"


\nOxford graduate Jenny Richards is among thousands being punished with additional rate riseGraduates who fall foul of the Student Loans Company face paying back thousands of pounds more after it emerged the firm has the right to penalise students with extra interest for simply taking a three-month trip.Guardian Money has been contacted by one Oxford graduate who says she has faced a nightmare dealing with the SLC after it raised the interest on her \u00a342,000 loan from 0.9% to 3.9% for failing to keep to its rules. She is just one of 33,000 graduates caught up in the SLC\u2019s controversial non-compliance penalties, which can be triggered by a person leaving the UK for 12 weeks without telling the firm. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Student Loans Company quadrupled my interest rate \u2013 just for taking a short trip<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Oxford graduate Jenny Richards is among thousands being punished with additional rate riseGraduates who fall...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-61500","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-fZW","jetpack-related-posts":[{"id":14622,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/have-student-loan-interest-rates-really-shot-up\/","url_meta":{"origin":61500,"position":0},"title":"Have student loan interest rates really shot up?","date":"May 27, 2016","format":false,"excerpt":"\r A young graduate was in the news this week after posting his student loan statement online showing that he was accruing up to \u00a3180 a month in interest \u2013 or a rate of 6.6% \u2013 when he thought he had signed up to a rate of just 0.5%A Facebook\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/graduate-anger-mounts-over-nightmare-student-loans-company\/","url_meta":{"origin":61500,"position":1},"title":"Graduate anger mounts over \u2018nightmare\u2019 Student Loans Company","date":"July 29, 2017","format":false,"excerpt":"\r Our story last week about the SLC quadrupling someone\u2019s interest rate sparked a new wave of complaintsWhen Gary Ashworth moved to Botswana in 2013 to try to start a design business, he immediately told the Student Loans Company that he would be out of the UK. Despite updating the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loans-company-criticised-over-penalty-interest-on-funds\/","url_meta":{"origin":61500,"position":2},"title":"Student Loans Company criticised over 'penalty interest' on funds","date":"July 29, 2017","format":false,"excerpt":"\r SLC put more than 33,000 people on to a \u2018non-compliance interest rate\u2019 of 3% for \u2018losing touch\u2019 with companyThe Student Loans Company has been criticised for adding more than \u00a38m to student debt through \u201cpenalty interest\u201d on tens of thousands of loans in the last financial year.Figures seen by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loans-the-next-big-mis-selling-scandal\/","url_meta":{"origin":61500,"position":3},"title":"Student loans: the next big mis-selling scandal?","date":"May 28, 2016","format":false,"excerpt":"\r A change to loan conditions, made after it\u2019s taken out? A mortgage company can\u2019t legally do that to borrowers, but it seems the government canMany graduates have been shocked this week to see just how their debt is escalating, with interest charged at up to 3.9%. That\u2019s more than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loan-interest-rate-set-to-rise-by-a-third-after-uk-inflation-surge\/","url_meta":{"origin":61500,"position":4},"title":"Student loan interest rate set to rise by a third after UK inflation surge","date":"April 12, 2017","format":false,"excerpt":"\r Increase in inflation, driven by pound\u2019s Brexit slide, means students will pay more as others benefit from low borrowing ratesStudents appear to be paying a heavy price for the UK\u2019s inflation surge after the Brexit vote, which will drive the interest rate on their loans up by a third\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loans-firm-erudio-leaves-graduates-fuming-over-latest-error\/","url_meta":{"origin":61500,"position":5},"title":"Student loans firm Erudio leaves graduates fuming over latest error","date":"April 8, 2016","format":false,"excerpt":"\r Private company that took over 250,000 student loans fails to send deferral forms and then demands early paymentsThe private company that took over 250,000 loans from the Student Loan Company has left graduates in turmoil after it wrongly sent letters demanding early repayments.Every year graduates with older-style student loans\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61500"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=61500"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61500\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}