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Results tagged with loan
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user 26121
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Is a UK university student loan riba, and if so, is it "necessary" if I have no other means ...
However, for a UK university student loan, the conditions are documented:
How much you repay
You pay back 9% of your income over the minimum amount of:
£17,750 for Plan 1 - this amount changes on 6 April … every year
£21,000 for Plan 2
Interest starts being added to your loan from when you get your first payment. …
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