Is it a serious crime to lie about your wage?

lynzpower

Ryan

Do come over to the DFW board if you havent already

Worth finding out what we can do to help

Lynz
x

missk_ensington

I'm late to this thread and have read it keenly. I don't actually have any quarms about one lying about their income to get a mortgage/loan, as many regular users know my mortgage was slightly dodgy because I'm a student and most of my income wasn't accountable and my job is contracted annually therefore regarded as 'temporary'. However, I do have a problem with getting credit this way if you don'ty intend paying it back-I have done it but have every intention of paying everyv penny back each month.

What gets me though, you're embarking on a 'professional' career so I am assuming you're an intelligent guy, yet your supposed intelligence didn't consider the fact they would call your alledeged employers?????? If you're gonna lie at least dot the I's and cross the T's!

They aren't gonna prosecute you, and if they did say you were drunk when you filled in the forms and had a momentry memory lapse and thought you still worked there! lol

As everyone has already said, don't decalre bankruptcy for the sake of 15k, that is nothing you could pay it off through an IVA at about £200 a month. There are people on here with children and families who are paying off £80,000 of debts every month.

I'm also confused as to what you're actually studying, I'm not an expert but I'm fairly sure you have to study dentistry to be a dentist and medicine to be a doctor, as far as I'm aware there isn't a degree to my knowledge that incorporates them all and you just pick a career at the end. Still, ours is not to reason why and I know from my own posts that things can appear contradictory to other people when they make sense in your own mind.

Mirtos

Hi Ryan,I just wanted to say that I too have huge debts after studying (look at my signature) and I've already paid off £15,000 of it!!!! I've been really desperate at times, and I can understand what drove you to lie. Now though, I have a job and slowly I'm paying stuff back. It'll be OK. Go seek help from an advisor at uni or the CAB - if you're genuinely penitent and trying to rectify the situation, it's in the lenders best interest to let you rather than force you into bankruptcy. If you need someone to talk to, feel free to PM me, although I'm not so much wiser than you!!

---lee---

missk_ensington wrote:

They aren't gonna prosecute you, and if they did say you were drunk when you filled in the forms and had a momentry memory lapse and thought you still worked there! lol

It was a phone application.

As everyone has already said, don't decalre bankruptcy for the sake of 15k, that is nothing you could pay it off through an IVA at about £200 a month. There are people on here with children and families who are paying off £80,000 of debts every month.

I agree with you there, especially as potential for high earnings in the future is there.

I'm also confused as to what you're actually studying, I'm not an expert but I'm fairly sure you have to study dentistry to be a dentist and medicine to be a doctor, as far as I'm aware there isn't a degree to my knowledge that incorporates them all and you just pick a career at the end.

Most medical degrees allow you to switch between disciplines in the early stages as they tend to cover similar areas at the beginning.

I would also like to add that Ryan took the time to reply to my query by PM. He seems a genuinely nice guy, who I think has made a series of errors driven by desperation. As many others have suggested, there’s plenty of advice and help around on the DFW and others.

missk_ensington

I'm not an expert on this either but at my uni if you completed your first year in say, Geography and quit and then at a later juncture returned to study doing say a History degree, you would start in Year 2 because your first year is just a right of passage. My mum has a law degree and she's thinking of doing an English degree with me at my uni next year (Shock horror!) just for fun and she would bypass year 1.

Im surprised the OP has to repeat the first year, especially since he was averaging 90% in his medicine/law/pharmacy.... course. Still, its all very odd.

I'm happy to help anyone, but the OP seems reluctant to post a SOA making it pretty hard for us to help him. I can see he's been asked to post one on numerous threads. Nor can I figure out why the OP cannot get a part time job to help the money pot a little.

I'm just plain confused by all of this!

Emmzi

I would like to know if Ryan has taken any advice offered over at DFW about speaking to CAB/ uni welfare etc.

Just to know if it's worth continuing to offer advice!

Ryan.Maloney

Emmzi wrote:

I would like to know if Ryan has taken any advice offered over at DFW about speaking to CAB/ uni welfare etc.

Just to know if it's worth continuing to offer advice!

I've had insane imsonmia. I went to sleet on Friday at 10am (i.e. morning) I woke up after 6pm so uni was shut. It is number 1 on my list of things to do.

I'll look into the 'IVA' thing. Do they halt interest on repayments?

Ryan.Maloney

by the.. way there are still unfair bank charges I'm thinking of reclaiming.... but i figured as I'm going to declare bankrucpty.. what's the point.. not really worth it for a few £38 fines for bounced direct debits/late payment charges..

homersimpson_3

i'm totally confused - are you a full-time student studying either law or medicine or dentistry? how long is your degree? how many years have you got left? if law and you declare yourself bankrupt you are going to have real problems gettting a job as a solicitor or barrister- why can't you work part-time or even full time if intending to be a lawyer- many universities do part-time law degrees. it can be done. many dentistry and medical students work part-time. can you transfer to another university where living costs are a bit lower? many student unions have welfare officers available on the weekends- if you slept in yesterday (it happens) why can't you go there today?

Ryan.Maloney

homersimpson wrote:

i'm totally confused - are you a full-time student studying either law or medicine or dentistry? how long is your degree? how many years have you got left? if law and you declare yourself bankrput you are going to have real problems gettting a job as a solicitor or barrister- why can't you work part-time or even full time if intending to be a lawyer- many universities do part-time law degrees. it can be done. many dentistry and medical students work part-time. can you transfer to another university where living costs are a bit lower? many student unions have welfare officers available on the weekends- if you slept in yesterday (it happens) why can't you go there today?

I left dentistry

I became ill and I have mental health issues - I took a break from uni - was due to go back but am now doing a completely different course

I took out these trainee loans many years ago - when I was still on the degree...

As well as being ill, I do not want to be a dentist anymore (i'm not doing law)

I was doing part time work

but

my Rent + elecriticy - £500/month
my professional loan repayments - over £200/month

money coming in - from student loan - £5100 ish
part time work - varied depending on work