The Student Room Group

Postgrad Loans and poor credit

I've just found out i have an arrears on my undergrad loans that i wasn't aware of (they are the old fashioned kind from the 90's that have been passed on from the SLC to a non government agency, where you have to physically defer repaying each year rather than it automatically coming out of your wages once you hit the wage threshold) and have just applied for a postgrad loan....I cant afford to pay back this arrears instantly....will this arrears on my old loans effect my application for a postgrad loan....for example could it be refused?

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