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Burton-Brewers
25 Apr 15 09:29
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Date Joined: 01 Feb 12
| Topic/replies: 18,524 | Blogger: Burton-Brewers's blog
I have no idea how they work but does anyone know if they are also charged interest?
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Report brendanuk1 • April 25, 2015 9:34 AM BST
.
http://www.slc.co.uk/services/interest-rates.aspx
Report Deltâ • April 25, 2015 9:38 AM BST
yes - interest charged


no repay unless you earning over a certain limit


cancelled after 30 years
Report Burton-Brewers • April 25, 2015 10:01 AM BST
ok thanks for the info, I had heard about the payback according to your salary. A tip then for anyone reading who knows someone about to embark a life as a student, when applying they should state that they are of the Islamic faith. It is not against Islamic teachings to give or receive loans, but it is to make a profit from them. I missed this when it came out last year but some of you may already know of it, the government has set up a special fund for all Muslims, so that they may borrow their student loans, without having to pay any interest back. A great idea which I hope can prove beneficial to others.
Report Deltâ • April 25, 2015 10:04 AM BST
are they making a profit on them?
Report Burton-Brewers • April 25, 2015 11:08 AM BST
who?
Report Deltâ • April 25, 2015 11:28 AM BST
anyone -- theres no profit in the system -

most written off ...
Report donny osmond • April 25, 2015 11:31 AM BST
do you pay student loans back on gambling winnings ?
Report brendanuk1 • April 25, 2015 11:46 AM BST
only if you do it full time
Report akabula • April 28, 2015 3:10 PM BST
That's incredible.
If they don't want to pay interest don't give them a loan. Let their own community fund them.
Our country and our rules.
Report spellingandgrammarchecker • April 28, 2015 3:42 PM BST
Deltâ   
25 Apr 15 09:38 
yes - interest charged
no repay unless you earning over a certain limit
cancelled after 30 years


Interesting Devil what's the wage limit?
Report Deltâ • April 28, 2015 5:44 PM BST
21k
Report Capt__F • April 28, 2015 5:45 PM BST
per week
Report spellingandgrammarchecker • April 28, 2015 7:00 PM BST
I'm not taking a pay cut.
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