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MSE News: Government sells £900m of 1990s student loans

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"Nearly £900 million of student loans taken out during the 1990s have been sold off by the Government..."
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Government sells £900m of 1990s student loans

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Government sells £900m of 1990s student loans

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At rip off rates that bear no relationship to current mortgage rates, you mean, Minister, so that future tranches of Student Debt can be more easily and more rapidly sold off than any before them?
What borrowers? Do you mean borrowers from the 1990s or SLC borrowers generally? What protection?
Ah, so you are front-loading the sale to privateers by heavy discounts. No wonder they are well placed to maximise returns, Minister. You are well placing them :mad:
What mealy-mouthed use of English is this? Of which 250,000 loans sold over what period? Is this the 1990s loans again? What repayment threshold is being referred to? Who are the 40% not repaying their loans in accordance with their terms? Are you saying you are setting the dogs loose on 40% of the book, Minister, and that another 46% are not even worth setting any dogs loose on because despite a university education they are relative paupers?
Does this paragraph in fact mean that 86% of 1990s university students are incapable of or are deliberately avoiding repayment of student loans? Tell us more about this please.
No debt collector will ever call I suppose.
I suppose, however, Erudio Student Loans have plans to improve that figure, as 14% [number of borrowers who are still repaying] of £890m falls somewhat short of the £160m paid (and that's before recovery costs are taken into account).
Did Vince Cable order a baseball bat count at Erudio Student Loans before these loans were sold on to them?
As neither the Ukraine nor any African countries are part of the EU, students from these countries are ineligible for UK student finance.
The poster said he/she interviewed the students as "prospective tenants" - so the poster is a landlord, property management agent or such like.
Thank you for pointing that out - I'd completely missed it. I'll edit my post - apologies.
Don't forget that 40% is only of this last 17% tranche, so less than 7% of the total of these sort of loans.
Is this selling off of old debts likely to mean the agreement terms I signed to can be overturned and now as a pensioner I may be hounded for a debt I had previously received written confirmation of being cancelled? Can the following quote taken from MSE article be trusted when debt collection firms/loan sharks get their hands on the debts?
"Borrowers will remain protected and there will be no change to their terms and conditions, including the calculation of interest rates for loans."