Erudio Advice

onesheet

I received a letter from SLC about them being non compliant and giving me reduction on my
mortgage style student loan. The loan is stated as for the years 1995, 96 and 97.

I've not made any payment in the last 6 years or at all, as I've never met the threshold for payment.

I contacted SLC about my deferment and they refused to send me a deferment form , saying that I had reached the point where I could no longer defer and I had to start paying it back. I argued that I wasn't earning the threshold amount, but was told that didn't matter because I was no longer entitled to defer. I spoke to two different people at SLC, so I figured it must be right. This contact was just over 6 years ago. Since then SLC have been chasing me for arrears from not deferring. They employed debt collectors, so I was forced to write to the debt collectors and SLC concerning these arrears, not the actual loan. SLC still wouldn't send me a deferment form. And actually got a deferment from one of the debt collectors last year and deferred. This deferment expires in July.

I received the non compliant letter from SLC in relation to admin letters to me in the past. And loan was sold to Erudio

I've made no correspondence to Erudio. The statement from Erudio states loans from 95 to97, however I didn't have a loan in 1995 because it was all grant that year.

I would like some advice on what my next move is. Do i send out a CCA letter, SAR letter or could it be statute barred?

fermi

If you don't defer and don't pay then you build up arrears until the whole loan is due, or they call it all in, and you permanently lose the right to defer. If you fail to defer, even if you are under the threshold, that happens and it can't be undone.

So was there are period of 6 continuous years where you neither deferred, paid, or otherwise acknowledged the deb in writing?

Are Erudio making demands for payment?

onesheet

Erudio are not making demands for payment but they have sent the deferment pack.
Have not paid in 6 years or deferred up until last year when I had debt collectors visiting and sending letters. I wrote to SLC and the debt collectors stating these arrears to be illegal and I wasn't obliged to pay it. I was bullied and harassed by debt collectors.