Captain9999
Badges: 2
Rep:
?
#1
Report Thread starter 1 month ago
#1
If the person who get's the lone dies does the next of kine have to pay it
0
reply
999tigger
Badges: 19
#2
Report 1 month ago
#2
(Original post by Captain9999)
If the person who get's the lone dies does the next of kine have to pay it
Why do you ask?
0
reply
Captain9999
Badges: 2
Rep:
?
#3
Report Thread starter 1 month ago
#3
(Original post by 999tigger)
Why do you ask?
Because I would like an answer
0
reply
AidenPearce2020
Badges: 14
Rep:
?
#4
Report 1 month ago
#4
(Original post by Captain9999)
If the person who get's the lone dies does the next of kine have to pay it
Unlikely that next of kin have to pay for it but their valuable items (house, cars etc.) will be repossessed, until the value of the loan is repaid.
0
reply
999tigger
Badges: 19
#5
Report 1 month ago
#5
(Original post by AidenPearce2020)
Unlikely that next of kin have to pay for it but their valuable items (house, cars etc.) will be repossessed, until the value of the loan is repaid.
Really? You sure about that?
0
reply
PhoenixFortune
Badges: 21
Rep:
?
#6
Report 1 month ago
#6
(Original post by Captain9999)
If the person who get's the lone dies does the next of kine have to pay it
The loan gets cancelled (on the receipt of evidence) if the recipient dies.

Source: https://www.gov.uk/guidance/student-...-customer-dies
0
reply
PhoenixFortune
Badges: 21
Rep:
?
#7
Report 1 month ago
#7
(Original post by AidenPearce2020)
Unlikely that next of kin have to pay for it but their valuable items (house, cars etc.) will be repossessed, until the value of the loan is repaid.
This is incorrect for loans from the Student Loans Company.
0
reply
Captain9999
Badges: 2
Rep:
?
#8
Report Thread starter 1 month ago
#8
(Original post by PhoenixFortune)
The loan gets cancelled (on the receipt of evidence) if the recipient dies.

Source: https://www.gov.uk/guidance/student-...-customer-dies
What about a loan overpayment
0
reply
AidenPearce2020
Badges: 14
Rep:
?
#9
Report 1 month ago
#9
(Original post by Captain9999)
What about a loan overpayment
Why are you having these thoughts OP? Is there something youre considering...?
0
reply
PhoenixFortune
Badges: 21
Rep:
?
#10
Report 1 month ago
#10
(Original post by Captain9999)
What about a loan overpayment
A loan overpayment would probably need to be returned, as is the standard requirements if you drop out, but I'm not 100% sure about that.
0
reply
Captain9999
Badges: 2
Rep:
?
#11
Report Thread starter 1 month ago
#11
(Original post by PhoenixFortune)
A loan overpayment would probably need to be returned, as is the standard requirements if you drop out, but I'm not 100% sure about that.
Thank you
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Do you have the space and resources you need to succeed in home learning?

Yes I have everything I need (437)
56.24%
I don't have everything I need (340)
43.76%

Watched Threads

View All
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise