I’ve just paid off my student loan - what is the best way to inform payroll to stop deductions in the future?

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Did you contact student loans to stop taking it? If you haven’t then they keep taking until next financial year ( April) as they don’t reconcile in year then you have to get a refund. When you are one year out you are best to switch to direct debit rather than payroll and you avoid this. Payroll need to be informed by student loans themselves

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This. They can switch you to direct debit, but you need to tell them well in advance!

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Probably too late now - you are meant to switch to Direct Debit in the last year or so.

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Closing on my first home. Advice for anyone with student loans in administrative forbearance per the Cares act: once your offer is accepted have you student loan servicer put your account back in repayment status.

Accounts in forbearance, even administrative forbearance, are calculated at a higher monthly payment by the underwriter.

My fictitious debt to income ratio was too high for them to approve me, and it took seven days for my loan to be officially back in repayment. So just a heads up.

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