Wow, how sneaky! Via a friend - Calling all students of the 90s - TopicsExpress

Wow, how sneaky! Via a friend - Calling all students of the 90s who took out a student loan! This year, my loan appears to have been sold, by the government, to Erudio Studios a private debt collection company. If you read the small print, it seems that if you defer this year it could be recorded as bad debt on your credit record. This means you cannot get mortgages/loans etc. I have to defer this year as I work part time and will probably never earn the £2500 a MONTH requirement for compulsory repayment. Thanks government for changing the T & Cs of a loan (which I thought was a illegal) and leaving me in a worse financial position than I thought possible...

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