Jump to content


Tucoist

Student loan from Sallie Mae, now by Drydensfairfax solicitors

style="text-align:center;"> Please note that this topic has not had any new posts for the last 484 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

They have to send that notice every six months in accordance with the Consumer Credit Act. If they fail to do so the debt would become unenforceable until they do. In addition, they wouldn't be able to charge interest whilst they are in default of doing so. All that said, I would follow Dx's advice and await the credit agreement. If they have it. Which I doubt.

 

And regardless of what they say, they should be sending you that info - as it's likely they are 'the creditor' as per Crutchely v Go Debt [2009] and paras 2.4 to 2.7 of the OFT Guidance.

 

In short, they're trying to lead you on.

 

Yes and also Jones vs link financial

 

http://www.bailii.org/ew/cases/EWHC/QB/2012/2402.html


DO NOT PAY UPFRONT FEES TO COLD CALLERS PROMISING TO WRITE OFF YOUR DEBTS

DO NOT PAY UPFRONT FEES FOR COSTLY TELEPHONE CONSULTATIONS WITH SO CALLED "EXPERTS" THEY INVARIABLY ARE NOTHING OF THE SORT

BEWARE OF QUICK FIX DEBT SOLUTIONS, IF IT LOOKS LIKE IT IS TO GOOD TO BE TRUE IT INVARIABLY IS

Share this post


Link to post
Share on other sites

Hi guys, I hope all is well.

 

Its been a while but

 

finally I have received something through the post.

 

Its a letter from Arrow global

 

'In response to a request for copy documents under section 78 of the consumer credit act 1974'.

 

They have enclosed a photocopy of the original agreement from Sallie Mae from 2007,

 

i think they may have got this from the university as Sallie Mae no longer operate in the country

and it looks like the agreement i signed in 2007.

 

It states that they are looking to outsource the account to one of their specialist third parties to manage on their behalf.

 

In bold it states 'Please note that this is not a formal acceptance of your offer and does not constitute any kind of agreement to an arranged plan.

 

Also it states that the third party will contact me in 'due' course.

 

There are three Debtline suggestions they have noted National Debtline, Payplan & Step Change Debt Charity as well as the Citizens Advice.

 

It then finishes with a correspondence address which is a PO Box number and 'Your Sincerely' Arrow Global (which someone has signed with a 'AG.

 

It has been a very long time since I last heard from them

and I am extremely worried about where I stand.

 

Many thanks for reading this and I hope you can help.

Share this post


Link to post
Share on other sites

I would think its Statute barred now

 

 

tough luck.

 

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

Even though I have had contact with them?

 

What do you think I should do next? Wait for the third party to contact me?

 

It has been nearly a year since they have contacted me. The only place I think they could have got the original agreement from is either the college or another debt recovery company.

 

I am back in full time education and not eating any money at the moment. Its only a one year course.

Share this post


Link to post
Share on other sites

contact makes no odds

 

 

you've never written saying this is my debt

 

 

and signed a letter

 

 

its 6yrs sine you paid or should have done.

 

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

This is true, the only letter I have sent them is the CCA request.

 

I didn't hear anything for about three years due to Sallie Mae not operating in this country any more.

 

Should I wait for the 'Specialist' third party to make contact.

 

How would I go about investigating the statute barred?

 

 

 

contact makes no odds

 

 

you've never written saying this is my debt

 

 

and signed a letter

 

 

its 6yrs sine you paid or should have done.

 

 

dx

Share this post


Link to post
Share on other sites

the info is in post one from yourself

 

 

its more than 6yrs

state barred

 

 

pers I'd be ignoring them

unless you get a claimform.

 

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

Ahh ok no worries. How come they do not see this fact and admit defeat?

 

Well hopefully it is out of the timeframe and state barred. I did initially take out the loan in 2007.

 

As yet no claim form. They won't be ruthless and send the bailiffs round will they?

Share this post


Link to post
Share on other sites

cause they try snd fleece people

that know no better.

 

 

bailiffs? where did that come from?

 

 

DCA's &/or their fake/tame solicitors ARE NOT AND CAN NEVER BE..BAILIFFS.

they have NO SUCH LEGAL POWERS

 

 

they ONLY ever MIGHT get involved

 

 

IF someone files a claimform

IF they win

IF they get a CCJ

and IF you fail to pay it.


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

I think with all the scary debt culture and the programmes on television like 'Can't Pay? We'll Take It Away'

 

it looks like a very ruthless business and

 

I do get very scared about the whole situation.

 

Its not like I have lots of assets to take as I live a very simple life.

 

Does the time start from when I signed the original agreement which was in 2007?

Share this post


Link to post
Share on other sites

again you are confusing things.

 

 

the bailiffs in that program

[well they aren't!! - they are operating under ONE persons High Court Certificate, and he lives in south Africa I think!]

 

 

would never be involved in a Civil debt like a loan/card etc. from the big banks to you

it business stuff they do.

 

 

SB clock starts at last payment or last deferment.

 

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

Ahhhh I see, it is definitely the way that they perceive it to be a very common occurrence

and one that can be actioned at the drop of a hat.

 

 

I most definitely my naivety as this is the one and only thing that I have ever had trouble with, it is very new to me.

 

Well this debt has not had any payment what so ever

and it has been passed on about three times to different debt companies.

 

 

Sallie Mae (the original study loan company) no longer operate in this country.

 

Would the last deferment date be the last time it was passed to a different company?

 

 

Is this why different companies buy the debt to keep is from being State Barred?

Share this post


Link to post
Share on other sites

matters not what THEY do

 

its YOUR actions that determine the SB date.

 

typically on student loans you 'defer' repayment until you reach an income level

 

this is done via the deferment process and forms.

 

filing in one of those

or any document related to the loan that YOU SIGNED.

which effectively says in oneway or another

you ACKnowlege you owe the debt.

 

will reset the SB clock.

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

This is strange situation as it is a loan that was not taken out with the student loans company

but rather a specialist company who provided professional studies loans for Masters degrees.

 

 

The company (which I believe is American) stopped providing loans in this country and just left people with no clue what to do.

 

It was only after about three/four years of hearing nothing as also seeing that other people were in the same situation as me

that I then started receiving letters from a debt recover company in Scotland (Total Credit Financial Services.

It was passed onto another Drydens and then Arrow.

So it has been passed on a few times from pillar to post.

 

It is for this reason that I am unsure what the actual start date is and also if the debt after seven years is state barred with it being passed on?

Share this post


Link to post
Share on other sites

IT IS STATUTE BARRED

passing on a debt DOES NOT have any effect.

 

forget about it SB is the end of your problems.

 

and in your very first post you mention deferment.

 

everyone is trying to spoof you

 

send the SB letter

 

ignore everyone

 

until/unless a claimform arrives

 

it would also help if you scan up what you have been sent too please

 

HOW TO UPLOAD DOCUMENTS / IMAGES ON CAGi

IMMEDIATELY YOU DO NOT NEED 10 POSTS

.

IMPORTANT To protect your IDENTITY and ensure you remain ANONYMOUS on CAG

YOU MUST ensure that you REMOVE all Personal Information including Barcodes, Names, Addresses etc

.

ENSURE: To leave all Monetary Figures and Dates.

.

DO NOT USE A BIRO, PEN, SEE THRU TAPE OR LABELS TO EDIT THE INFORMATION

.

1. SCAN YOUR DOCUMENT

.

- Set your default scan page size to A4 less than 300 DPI (150 will do)

- Scan the required letters/agreements/sheets - as a picture (jpg) file

- Don't forget you can use a mobile phone or a digital camera too!!

.

- If you have multiple scans/pictures please put these into a WORD DOC first ensuring you have removed all Personal Information before converting to PDF.

.

- IPHONE ONLY: Take a picture and Convert to PDF via an APP

.

2. HOW TO EDIT (Remove Personal Information)

.

- Do this using MSPAINT.EXE or any Photo Editing program and ensure to save the document.

.

3. HOW TO CONVERT YOUR DOCUMENT TO PDF

.

- If you have OFFICE installed this has an installable PRINT to PDF option so use this and save as PDF.

- If you have PDF as an installed driver use this program and save as PDF.

.

OR Go to one of the many free online pdf converter websites:

.

- http://freejpgtopdf.com/

- http://www.convert-jpg-to-pdf.net/

- http://www.freepdfconvert.com/

- http://www.pdfmerge.com/

- http://www.primopdf.com/

.

PLEASE REMEMBER: It would be better to upload a Multi-page PDF rather than multiple Single PDFs.

.

4. BEFORE UPLOADING YOUR DOCUMENT ON CAG

.

- Logically Name your PDF File so Users know what it is. DO NOT NAME YOUR FILE USING BANK NAMES OR CAG IN THE TITLE

.

- For Example: Default Notice DDicon-MM-YYYY.

.

IMPORTANT To protect your IDENTITY and ensure you remain ANONYMOUS on CAG please ensure that you do a final check that all Personal Information including Barcodes, Names, Addresses etc. are REMOVED before carrying out the NEXT STEP

.

5. HOW TO UPLOAD YOUR DOCUMENT ON CAG

.

- In your Thread/Post open a new msg box here.

- Click 'Go Advanced' below the msg box.

- Click 'Manage Attachments' below that box.

- Click the 'Add Files' button on the top right.

- Click 'Select Files', navigate to your file(s) on your PC.

- Click 'Upload Files'.

.

- You DON’T have to put a link to the attachment in the msg box just upload it ……… JOB DONE

- You can click on your links to check them too!!

.


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

Hi all, where did you get to with this?

Are you now dealing with Capquest like me?

What would be the 'cause of action' in the case of these loans do you think?

K

Edited by dx100uk
lines

Share this post


Link to post
Share on other sites

This is nearly 12 months old, you'll get a better response if you start your own thread, the OP didn't come back??


Who ever heard of someone getting a job at the Jobcentre? The unemployed are sent there as penance for their sins, not to help them find work!

 

 

Share this post


Link to post
Share on other sites

PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

Hello. I am the original poster for this thread. I really appreciate all of the help and advice that I received from this site.

 

As it stands I have not heard anything from the recovery agent after following the advice that I was given from here.

 

That was a few years ago now as now it is 2018 and still nothing. The debt is now 11 years old.

 

I recently looked my credit score with ClearScore and non of my Sallie Mae debts do not feature on it.

Share this post


Link to post
Share on other sites

he thanks for coming back...

as we suspected...trying to fleece people.


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

Greetings and salutations!

 

Great to be back, I didn't realise it had been so long.

 

After I had sent the various letters they sent me back some photocopies of the original agreement from Sallie Mae and (if my memory serves me correctly) they said they would temporarily suspend any action against me.

 

This was a few years ago now and I have not heard anything since!.

 

This is either one of two things, a calm before a storm or they have finally stopped.

 

In your experience which of the two do you think has happened?

Edited by dx100uk
spacing
  • Haha 1

Share this post


Link to post
Share on other sites

drydens specialise in debts no-one else will touch

their major income is shortfalls and sadly 10'000's of people fall for their threat-o-grams..

 

it will go nowhere...........


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...