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BPO and credit ref agencies
db281
Posts: 18 Forumite
Hello everyone
I left university 8 years ago, and this week I received a letter from a company called BPO debt collections telling me I owe Student Loans Company £800 and to call them to make arrangements to repay it. So instead, I called Student Loans Company and they said they overpaid me 8 years ago, and have tried writing to me in the past about it but got no reply.
I pay my student loan back every month through my wages. This is so frustrating. :mad:
I’ve sent the ‘prove it’ letter to BPO. But, I have some questions I’m hoping MSE can answer:
- Can BPO report this debt to credit ref agencies? They haven’t in the last 8 years.
- Can BPO pursue a default/CCJ order?
- If I come to an agreement to repay this monthly with BPO, can/will they report my ‘repayment’ plan to cred ref agencies?
I’m really concerned how this surprise could impact my credit score...
Many thanks
D
I left university 8 years ago, and this week I received a letter from a company called BPO debt collections telling me I owe Student Loans Company £800 and to call them to make arrangements to repay it. So instead, I called Student Loans Company and they said they overpaid me 8 years ago, and have tried writing to me in the past about it but got no reply.
I pay my student loan back every month through my wages. This is so frustrating. :mad:
I’ve sent the ‘prove it’ letter to BPO. But, I have some questions I’m hoping MSE can answer:
- Can BPO report this debt to credit ref agencies? They haven’t in the last 8 years.
- Can BPO pursue a default/CCJ order?
- If I come to an agreement to repay this monthly with BPO, can/will they report my ‘repayment’ plan to cred ref agencies?
I’m really concerned how this surprise could impact my credit score...
Many thanks
D
0
Comments
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Hello everyone
I left university 8 years ago, and this week I received a letter from a company called BPO debt collections telling me I owe Student Loans Company £800 and to call them to make arrangements to repay it. So instead, I called Student Loans Company and they said they overpaid me 8 years ago, and have tried writing to me in the past about it but got no reply.
I pay my student loan back every month through my wages. This is so frustrating. :mad:
I’ve sent the ‘prove it’ letter to BPO. But, I have some questions I’m hoping MSE can answer:
- Can BPO report this debt to credit ref agencies? They haven’t in the last 8 years.
- Can BPO pursue a default/CCJ order?
- If I come to an agreement to repay this monthly with BPO, can/will they report my ‘repayment’ plan to cred ref agencies?
I’m really concerned how this surprise could impact my credit score...
Many thanks
D
Well it definitely wont impact your score as only you see it, your history is whats important.0 -
Student loans are not normally reported to the CRA’s, but yes they can take you to court for non payment, and a resulting CCJ will affect your credit file.
If you have an overpayment you need to address that issue.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Would they still be able to apply for a CCJ, even after 8 years?0
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