SLC and rejection of offer to settle

[krysus]

Ok,

I sent SLC a letter stating that one of my loan agreements wasn't signed by them and hence not executed, plus request for charges to be removed, and an offer of full and final settlement (about 25%).

I've had a letter back, usual waffle about charges not being excessive, a government body, blah blah. But they've now sent me a copy of my credit agreement which now appears to be signed on behalf of SLC!

So, as i have a copy without their signature, are they resorting to fraudulent means by signing it retrospectively and providing me with that? Surely, if it was signed originally, the copy i have would have their signature on?? Unfortunately for me, the account this agreement refers to only has a small balance compared to the other account with them
But, given their behaviour, can i throw any counter-argument at them regarding both my accounts?

They've also rejected my offer of settlement stating "We're unable to accept settlement figures on Student Loan accounts as funding is made available from taxpayers monies".


Any advice welcomed....

[old_andrew2007]

Bump

[debt4get]

best thing to do is to put copies of the agreements on here blanking out your personal details and let someone have a look at them

[veester]

Originally Posted by krysus

Ok,

They've also rejected my offer of settlement stating "We're unable to accept settlement figures on Student Loan accounts as funding is made available from taxpayers monies".

Any advice welcomed....

I would be interested to see how this evolves as i have a complex case underway with the SLC about a loan.

You probably want to review the SLC regulations on this site - Matching Legislation - Statute Law Database

From my understanding:

A) You will not get relief or the opportunity to apply a discounted full and final settle unless there is a genuine reason; illness/disability.

Though Sections 8 (disability) and 9 (Other situations, longterm illlness, special circumstances et al) of the SLC regs cover this quite well and should provide you with a place to work from.

B) At the end of the day a reason is matter of opinion, and you need to make a call on whether your position warrants special treatment and then convincing them to meet you in the middle.

C) You need to speak to the newly formed special Customer Care Team to take care of this stuff.

I have been unable though to find any specific case law on this area.

Good Luck