We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Student Loans Company Threats
                
                    usernameusername                
                
                    Posts: 25 Forumite
         
            
         
         
            
         
         
            
         
         
            
                         
            
                        
            
         
         
            
         
         
            
                    The Student Loans Company has until now collected repayments for my loan through HMRC. I have recently quit my job and have no income and plan to go abroad. SLC have likely been aware of my lack of income since I received my P45, but now I've told them I'm going abroad they want me to prove I have enough money to support myself there.
                - Do they have any right to ask for this information? Surely a creditor's interests are in people with money and therefore requiring evidence if you claim not to have it?
 - Can I simply ignore their request with no repercussions?
 - Is it legal for them to threaten me with a fine if I don't prove it to them?
 - What organisations can I join to fight this mess of a company?
 
0        
            Comments
- 
            Yes, If you're going overseas for more than 3 months need to tell SLC what your income/means of supporting yourself will be so they can calculate your repayments.
It's a bit like some who is self-employed and doesn't get paid through PAYE showing SLC how much they earn so that repayments can be calculated.
What exactly do you want to fight SLC for?0 - 
            1. Yes. You have obligations set down in law and this is one of them.
2. No.
3. May well be. You can't expect to break the law without some sort of penalty or consequences.
4. None that can change the law for you to something you would prefer it was.Still rolling rolling rolling......
   <
SIGNATURE - Not part of post0 
This discussion has been closed.
            Confirm your email address to Create Threads and Reply
Categories
- All Categories
 - 352.3K Banking & Borrowing
 - 253.6K Reduce Debt & Boost Income
 - 454.3K Spending & Discounts
 - 245.3K Work, Benefits & Business
 - 601K Mortgages, Homes & Bills
 - 177.5K Life & Family
 - 259.1K Travel & Transport
 - 1.5M Hobbies & Leisure
 - 16K Discuss & Feedback
 - 37.7K Read-Only Boards