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Quick question

Hello!! I have a quick question about repayment:

An expert told me "The amount you repay is directly affected by how much you earn".

Question: If my salary keeps constant, so does the amount I repay every year, right? (9% of everything over 21,000)

Thank you very much in advance!

(edited 11 years ago)
Hi I.M,

Yes that's correct but it's very unlikely that your pay would remain the same from year to year due to pay rises in line with inflation.

Hope this hekps,
Mark-Lee :smile:

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