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A Loan Prevoius To Being A Student


verg70
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I am a mature student and before I went back to uni I had a loan. Its now a couple of years old and I have 1 year left.

 

I have payment protection on the loan incase I come out of work or are on the sick. I was finished from work 2 months ago, but had some savings so carried on paying the loan.

 

Now I'm going to uni and want to know do I still have to pay the loan or can I suspend the payments as I have payment protection and I'm no longer working?

 

 

Any help would be appreciated. Thanks

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It would depend upon the terms of your PPI, but the answer is almost certainly not. You have not been made redundant or off sick.

7 years in retail customer service

 

Expertise in letting and rental law for 6 years

 

By trade - I'm an IT engineer working in the housing sector.

 

Please note that any posts made by myself are for information only and should not and must not be taken as correct or factual. If in doubt, consult with a solicitor or other person of equal legal standing.

 

Please click the star if I have helped!!

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It really would depend upon your terms. I think most exclude sackings, as you are judged to have been at fault.

7 years in retail customer service

 

Expertise in letting and rental law for 6 years

 

By trade - I'm an IT engineer working in the housing sector.

 

Please note that any posts made by myself are for information only and should not and must not be taken as correct or factual. If in doubt, consult with a solicitor or other person of equal legal standing.

 

Please click the star if I have helped!!

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