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5
ISA New Monthly Payment is almost double the payment cap
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I currently have an ISA with Launch Servicing (taken for a coding camp that is now shut down) and updated my income, which was 51k last year. I have been paying them $622 per month for 10 months now since that was set as the default where they were assuming I was making 60k a year. However, they reviewed my income and are now saying I now have to pay about $1700 a month for 38 months. This makes no sense since when multiplied by 38 months, it nearly doubles the payment cap (which was 35k).

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Posted
6 months ago