choctuesday
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Anna1s1 started following choctuesday
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I've been paying my student loan off dating back from 1994. My calculations showed that it would be paid off in September. On noticing that I had not received a statement since 2004 I called tham to check that we agreed figures. They informed me that they had put £500 or more of interest onto the account. they insisted that they did not have to tell me as in 1994 when I signed the loan agreement, it did state that it was an interest bearing loan, they had merely not chosen to add interest until recently and then changed their minds!!!!Are they obliged to send me a statement every year? Should they have informed me of the changes in the charges? I f they had informed me I could have made a decision whether to pay it all off there and then.I can't seem to find any answers. There's no question that I'm going to fight it, I just want to be infomed and factual before I do!!!Hope someone can helptuesday
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