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Student Loans / Link Finance - Please help if you can :)


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Hello there,

 

I attended university in 1997 & 1998 before leaving due to a recurring mental health problem.

 

I received a letter from Link over the week-end regarding my student loan. I have just over £1500 outstanding because I made regular payments up until I was made redundant in 2008. Since then I've been in no position to make payments.

 

No contact was made to make me aware the SLC had sold my loans to Link and I am currently on Employment & Support Allowance because, since being made redundant, I have seen a recurrence of my mental health problem (generalized anxiety disorder leading to clinical depression). I am signed off at present until at least October 2010 - having battled through my ATOS Healthcare medical etc.

 

I just don't know what to do.

 

Link have said they're going to contact me in a few days to see if I've been able to raise the money (no chance of that, I have no assets, no savings).

 

Please help if you can.

 

Thanx

 

:)

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Hello and Welcome,

 

I'll move this thread to the appropriate Forum.

 

Regards.

 

Scott.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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I'm not 100% sure, that's the thing! I know there was a LONG period where my salary was well below the threshold - which was about six, possibly seven, years.

 

Can I ask them for some kind of statement BEFORE I do the statute thing?

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