Settlement questions..

[difficulttimes]

I understand they aren't the same and when I talk about interest I mean for CLSO.

I know this has been asked before but I keep getting different answers - does paying your APN work in the same way as a CTD so interest won't continue to accrue?

[webberg]

I understand they aren't the same and when I talk about interest I mean for CLSO.

I know this has been asked before but I keep getting different answers - does paying your APN work in the same way as a CTD so interest won't continue to accrue?

Yes. In many ways an APN can be seen as having a similar effect to a CTD.

[LandRover]

Am I right in thinking that the loans now have to be repaid regardless of paying an APN?

That the scheme providers have to repay or trustees write off the loans otherwise the loans are taxable, and the APN is merely a credit against that taxable amount?

[webberg]

Am I right in thinking that the loans now have to be repaid regardless of paying an APN?

That the scheme providers have to repay or trustees write off the loans otherwise the loans are taxable, and the APN is merely a credit against that taxable amount?

Contact me outside this forum.

[LandRover]

Contact me outside this forum.

I will see you in big Group forum.