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Student Loans interest rate...

(5 Posts)
YouCantTeuchThis Mon 05-Oct-09 12:24:35

My annual statement seems to be telling me that the APR from September 2009 is -.40%?! hmm

What does this mean?? Will I earn money on it now grin

(I don't really think so, I just ahve no clue what this means!)

YouCantTeuchThis Mon 05-Oct-09 12:25:26

-0.40% (to be clear!)

RustyBear Mon 05-Oct-09 12:31:45

Useful info here

YouCantTeuchThis Mon 05-Oct-09 12:37:58

Thanks Rusty - that is indeed interesting!

So next year I'll owe less than this year, hurrah!!

Lilymaid Mon 05-Oct-09 12:38:15

DS1's loan (2008 graduate) is currently at 0% and he is mightily annoyed that, as one of the few 2008 graduates in employment, he is having to pay it off monthly.

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