tris-
Failed Geordie and Parmothief
- Joined
- Jan 2, 2004
- Messages
- 15,260
7,000 is noit a lot of debt these days.
you must take into account there is conditions that need to be met before you even pay it back. its not a basic bank loan where you must pay x amount untill its cleared.
for example look at this - if you earn 1200 a month you only pay back £1 a month on your loan. this scales up accordingly to the wage brackets.
atm im working 48 hours a week at minimum wage and i dont even get 1200 a month. so assuming i leave uni and end up in a shit job like that im hardly losing out am i? £12 a year!
you must take into account there is conditions that need to be met before you even pay it back. its not a basic bank loan where you must pay x amount untill its cleared.
for example look at this - if you earn 1200 a month you only pay back £1 a month on your loan. this scales up accordingly to the wage brackets.
atm im working 48 hours a week at minimum wage and i dont even get 1200 a month. so assuming i leave uni and end up in a shit job like that im hardly losing out am i? £12 a year!
