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Students Come here if you think that you have consumer-style problems which are connected to your status as a student


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Before beginning to claim your bank charges be sure to read the FAQ by clicking the link above. Read it carefully and also read as much of the forum material as you can manage before you start claiming your bank charges refund. You will have to register before you can post or view the materials which may assist you in reclaiming your penalty charges: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. Understand what you are doing and you will be able to Reclaim the Right more effectively.

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Old 3rd May 2008, 11:29   #1 (permalink)
Conniff
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Default Student Loan - Beware

A lot of students are paying back more than they borrowed. This government changed the rules 10 years ago and now it is up to the student to tell the loan company when they have repaid their loan and not the other way around.
Consequently a lot of students are continuing to have payments deducted from their paypackets even when the loan is complete.

A degree of uncertainty on student loan repayments - Telegraph

It's just another of this governments inept policies where they rip the worker off.

Now they have been given a slap in the face in the local elections, and a heafty kick up the backside by the London mayoral elections, they say they 'will' listen to the people. They have been saying that since they have been in power and to still say 'will' means they were telling lies in the past and have not listened, so why should we believe that they will change in any way.

Check how much your loan was for and get a statement of the payments you have made to ensure you are not continuing to pay for something that has already been paid back.

Going by the number of post in this forum by students being chased when they default on payments, it is completely unfair that they are chased for not paying back and yet not told when they have completed the payments.

Last edited by Conniff; 3rd May 2008 at 11:33.
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Old 12th May 2008, 18:35   #2 (permalink)
saintly_1
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Default Re: Student Loan - Beware

Just giving this a bump
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