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T ens of thousands of graduates are clearing their education loan and yet continuing to cover a lot of money to your figuratively speaking Company, because of outdated systems utilized by HMRC to get borrowers’ cash.
In some instances “overpayments” continue being created for more than a 12 months plus in the worst instances add up to up to ?10,000.
Borrowers whom overpay face a lengthy watch for refunds which, if they come, are compensated with a derisory interest. (more…)