What can I do if I was exempted from paying full school fees but don’t have enough money to pay the outstanding amount?

The short answer You can approach the School Governing Body and negotiate a revised repayment plan. The whole question Dear Athalie I am a single parent under debt review. I applied for school fee exemption last year because I was unable to pay the required amount every month. I told them I would pay the school fees in December after I got my annual...

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Debt: Can you be charged more in interest than your original loan?

Understanding the complicated in duplum rule By Athalie Crawford If you borrow money and the interest accumulates to equal the amount you borrowed, can you still be charged further interest? This is dealt with by the in duplum rule, and it is complicated and changing. The rule kicks in when a person has been defaulting on loan repayments. In the first place, it’s important to distinguish between...

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