Need help.....
blah16
Forumite 4 Posts
Sorry I might be vague on some parts you just never know who's snooping. Basically I got emailed out of the blue about 3 years back from an unsaid company (I'm sure you have an idea) I had 3 Student loans 97.98.99. (Scottish)
Now at first I didn't pay attention to it.(as I thought it was some spam company) Then I got a few more I then made the mistake of emailing with a signed letter (although no acknowledgement of the debt was given).
One of these messages I received was a settlement offer (which has now been deleted off my file and no other has ever been offered) Then a short while latter I received information on sign in details to there site (as they wouldn't give information over the phone as I wouldn't give them my address) so when I looked (signed in but nothing more than my email address). It was in fact and old student reference. (I don't have any paperwork on these old loans therefore I couldn't cross reference it ).
I had been deferring from 99 till 2012 I think, as the salary cap was pretty high back then and I was always just under it. I had unfortunately gotten into a mess with debt circa 2010 and I had to enter into a trust deed (Scottish equiv to IVA) but thought this encapsulated student debt (which I later found out it didn't). So between that deferring circa 2011-2012 until 2018 (when this said company contacted me) I hadn't made any contact with anyone. I think I paid one monthly payment in the entirety of these loans (possibly 2008-2010 unsure of date) as I was a week or 2 late in sending in my deferrment info.
Now the questions.
* Where do I stand on this, should I just keep ignoring this ( I am now receiving periodic account statements).
*will they just eventually CCJ me.
*Im sure they have been adding interest (can they do this ,isn't it suppose to coincide with the actual interest of the original loan).
* should I ask for the original student load credit agreement
*As they are only asking about one loan have the other 2 become statute barred..as I know there are diff rules pre 99.
* how will this effect my credit file ( has it already).
*Ive heard if I contact them about a settlement payment (possibly ask for the same original settlement they offered me it was around the 50% mark) if they agree then this gets marked on my file as settled but is still a problem. Could I ask it to be settled (but marked on my file as paid in full). Im just thinking as the debt is so old they would accept this.
*if they don't want a settlement where do I stand.
Apologise as this was pretty long. I was trying to think of every piece of info I could, so that anyone with sound advice had the full picture.
I am currently unemployed. (But could possibly get helped in getting together some % of the settlement, if that is the a venue I decide to go down ).
Many thanks in advance for any help given.
Now at first I didn't pay attention to it.(as I thought it was some spam company) Then I got a few more I then made the mistake of emailing with a signed letter (although no acknowledgement of the debt was given).
One of these messages I received was a settlement offer (which has now been deleted off my file and no other has ever been offered) Then a short while latter I received information on sign in details to there site (as they wouldn't give information over the phone as I wouldn't give them my address) so when I looked (signed in but nothing more than my email address). It was in fact and old student reference. (I don't have any paperwork on these old loans therefore I couldn't cross reference it ).
I had been deferring from 99 till 2012 I think, as the salary cap was pretty high back then and I was always just under it. I had unfortunately gotten into a mess with debt circa 2010 and I had to enter into a trust deed (Scottish equiv to IVA) but thought this encapsulated student debt (which I later found out it didn't). So between that deferring circa 2011-2012 until 2018 (when this said company contacted me) I hadn't made any contact with anyone. I think I paid one monthly payment in the entirety of these loans (possibly 2008-2010 unsure of date) as I was a week or 2 late in sending in my deferrment info.
Now the questions.
* Where do I stand on this, should I just keep ignoring this ( I am now receiving periodic account statements).
*will they just eventually CCJ me.
*Im sure they have been adding interest (can they do this ,isn't it suppose to coincide with the actual interest of the original loan).
* should I ask for the original student load credit agreement
*As they are only asking about one loan have the other 2 become statute barred..as I know there are diff rules pre 99.
* how will this effect my credit file ( has it already).
*Ive heard if I contact them about a settlement payment (possibly ask for the same original settlement they offered me it was around the 50% mark) if they agree then this gets marked on my file as settled but is still a problem. Could I ask it to be settled (but marked on my file as paid in full). Im just thinking as the debt is so old they would accept this.
*if they don't want a settlement where do I stand.
Apologise as this was pretty long. I was trying to think of every piece of info I could, so that anyone with sound advice had the full picture.
I am currently unemployed. (But could possibly get helped in getting together some % of the settlement, if that is the a venue I decide to go down ).
Many thanks in advance for any help given.
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