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Erudio is out of order

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Erudio is out of order


First of all, just to let you know, your loan is just one of two hundred and fifty thoussand sold to Erudio,

indeed every student loan taken between 1990 and 1998 was sold to Erudio.


This total debt was £890 million pounds worth, but was sold to Erudio for £160 million.


Now £890 million pounds worth was from over 250, 000 loans, so be assured,

this letter was sent to over one hundred thousand people at least.


I assume the number could be higher than this, as this number works out at an average of 2.5 loans per person.


Just google 'Student loans sold to Erudio' or any similar words for more info on this.



I just got my student loan deferment pack throught the post and am outraged at what is going on by Erudio.


The wording they are using on the form is deliberately meant to frighten the most vulnerable people who are not in a very good financial position.

Because Erudio know the terms of the student loan are as they same as they were before,

they intimidate because there is nothing else they can do if you are entitled to deferment...


It's easy to get caught up in Erudio's intimidating, shameful tactics.


The worst people always target you when you are at your weakest. This is Erudio....


First things first, do not sign the form and send back before consulting others

and doing mroe research online and getting some free legal advice online,

which is what i'm going to do...


The information on what Erudio is asking for on the deferment form is,

from what i have read on other sites, totally out of order and may not be permissible

(which is what I have read so far on internet sites).


In addition, I'm most likely going to submit a letter like the one found online rather than fill out the form.


In addition to the letter i will provide proof my income (0) is below the level required to pay.


Apparently, from what i have read, by signing the form, the signer/student is saying that they agree

to the new rules of your information being passed on to credit reference agencies and debt collectors,

which is deliberately meant to intimidate.


These Erudio people give the impression they are loan sharks from their wording,

when they have no power to make you pay if you are entitled to deferment!


I'm doing more research online and see if i can get some free legal advice on this ridiculous deferment form!.



Edited by mark39m
please dont post unapproved links - dx
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please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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