ERUDIO student loans help

Lungboy

fermi wrote: »

paullewismoney @ gmail I think? Or at least used to be what he quoted?

I've had no reply to my email sent to this address. Did anyone else try it?

anna2007

Lungboy wrote: »

I've had no reply to my email sent to this address. Did anyone else try it?

You could try the online contact form on his BBC R4 Moneybox page.

Or the email address given on that page:
moneybox@bbc.co.uk

I also used money@paullewis.co.uk last year, although I can't remember where I found it, and don't know if he received it.

mariafox

Thanks to share

erudioed

Just found an investment opportunity offered by our beloved (barely literate) leader of Erudio Student Loans, Mark Howard Filer, on his linkedin page. Thought i should give it a post for posterity:
Self Projects Funding Program

Nov 7, 2015
Dear Business Associate,

After went through your profile,I decided to share this with you

INVESTMENT PROGRAM

As Investor, you will sign agreement (DOA) with the Platform/Program Manager directly;

+Investors with their feasible project(s) who needed the cash US$10m-100m or over and/or equivalent to others currencies are welcome.

+In starting to get US$10m loan, Investor would pay / invest 0.1% for the premium, the MTP will lead to investment program (PPP) in 40 weeks, that Investor will be US$125m earned in 30 days and NOT TO REPAY THE AMOUNT of principal earned,this can fund investor's projects without been liable to any Bank.

+Interested, pls attached summary project with your LOI to: [EMAIL="mark.h.filer@outlook.com"]mark.h.filer@outlook.com[/EMAIL]

+After attachment of summary project and LOI, more details will be provided on your request.

+Commission (3%) will protected for professional intermediaries who registered your name with Investor, Projects, and your own profile, including ID/Passport copy and receiving bank a/c before Investor(s) concluded and sign Agreement (DOA) with us.

Your are welcome.

Thanks Mark



The link to the above:
https://www.linkedin.com/pulse/self-projects-funding-program-mark-howard-filer

A link to his linkedin page with clickable things:
https://www.linkedin.com/in/mark-howard-filer-1a1149106

Brooker_Dave

Would such a strange money making scheme meet FCA or sec approval?

If there someone to report suspect financial schemes to?

Brooker_Dave

http://www.fca.org.uk/consumers/scams/investment-scams/get-rich-quick-schemes

erudioed

Brooker_Dave wrote: »

Would such a strange money making scheme meet FCA or sec approval?

If there someone to report suspect financial schemes to?

I think Osbourne just convinced someone connected to the Bank of England to take over running the FCA.
Maybe Paul Lewis could tie it into to his Erudio story if he were to be speaking about it sometime soon.

erudioed

it looks like Filer et al will be leading the field in the next financial collapse hitting the worlds shores sometime soon. some great finds brooker dave. it also makes that erudio due diligence report rather important i would say.

Brooker_Dave

erudioed wrote: »

it looks like Filer et al will be leading the field in the next financial collapse hitting the worlds shores sometime soon. some great finds brooker dave. it also makes that erudio due diligence report rather important i would say.

Sadly I fear someone has just hacked the profile and added some too good to be true investments on there?

You would think he's have noticed, given one is dated from October?

Still a busy bee with all those hundreds of directorships.

Tough at the top...

moo22

I have been following this forum for a long time but never posted. I was in 2 minds whether to post as i don't want to put people off fighting these !!!!!!!s but this is my story (sorry for the long post).

12 months ago I was set to sign the erudio deferment forms as i have for the last 10 years but after reading these and other forums I filled it out but sent it back unsigned with a letter declaring my income along with the required proof. (The forms by the way came after 3 months of requesting them, even though in there t&c's they say they will be sent out 2 weeks before renewal date, erudio said they had sent them and informed me i was now in 3 months arrears). Erudio in reply refused the deferment, then aggressively and rudely ringing me insisting i had to sign the form.
This was start of a very time consuming battle sending letter after letter backing up the original student loan agreements, contacting FCA,etc. The months went by all the time receiving 'your loan is in arrears' letters but they still would not back down. A legal representative of Erudio contacted me with an offer of wiping the arrears of some months as long as i signed the form which i flatley refused. I then made an official complaint to erudio which by law gave them 8 weeks to review the case. Surprise suprise they got back to me literally a day before the 8 weeks were up to say they rejected my complaint.
So onto the ombudsman. More time consuming gathering evidence for the ombudsman as well as communication while erudio further dragged there feet taking ages to get back to the ombudsman's querys - another month passes, then another waiting for the decision. A summary of the ombudsman's decision was that (i)i could not prove deferment form had not been received on time (ii) that my overall complaint was to be rejected as 'an organisation are entitled to exercise their own commercial judgement and its own decisions how it operates'.
I was FUMING. The ombudsman absolutely screwed me. This maybe the case they can make there own decisions but i did'nt choose to sign up with this organisation (erudio) and did'nt agree to there terms when i signed the initial contract so it is a completely different scenario. They did'nt even give me the middle ground of saying take their offer of the reudced arrears, they have truly left me out to dry and i feel they did'nt even read my side. Literally 2 weeks after the decision i get a letter from erudio saying my account is in arrears and i owe them £2500. I have now received a letter saying this has to be paid within the next 3 weeks.

I really need some help i don't know what to do. I am so angry about a lot of things. I have lived my life responsibly and paid up things on time all the time. Suddenly these !!!!!!!s come into my life and absolutely destroy it. I am eligible for deferment and proved it, if i don't have the income to pay back the loan where do i get the money to pay the arrears. Those arrears have mounted up largely because erudio have dragged there feet (there not stupid) and many of them months i could not have paid if i wanted to (complaints procedure/ombudsman) it should be half that. Hence as soon as the decision went against me 12 months arrears on my credit file. A credit file that has been spotless for 20years. I only noticed because i went to get a new phone on contract (never a problem) and a mark came up so they refused me. We were looking at remortgaging, how will that affect things.
Reading on the forums people saying they have been deferred when not signing the form and the ombudsman giving in their favour, is this fact do these people exist? If so do i have any case for precedent.

So please people help me! What do i do? Should i pay the money? Should i pay back in installments? Is there anything i can do about my credit file? Is there anyone or anything i can turn to? Do i have any legal rights?
What can they do?

I sit here feeling it would have been easier to just fill the form in but i am a person of principal but this principal is getting me in the !!!!. I know this is exactly what they (erudio) wanted to acheive and this is what they do. I don't want debt collectors at my door, any advice much appreciated. (based on fact not opinion, please -no offence but i have followed through with a lot of things i have read on the forums which have not turned out well.

Sorry for the long post thanks for reading.