Student Loan Interest Down to 2.5%


Student loan interest rates have fallen for the second month in the row after the Bank of England lowered the base rate to 1.5%. This has led to the student loans interest, falling to 2.5%, this took effect from the 9th January. Good news! For an explanation of how the rate is set please see my previous post, when the interest rate went down in December to 3%.

Keep smiling!


2 thoughts on “Student Loan Interest Down to 2.5%

  1. No problem thanks for visiting and commenting here. I agree with what you said. There comes a point where the interest rate ends up meaning nothing, with inflation being higher, money in the bank earns practically nothing or less. Any rate change becomes a token gesture. Completely worthless.

    Thanks again for visiting!

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge