Student loans - write off date?

Jackierussell

Started uni course in 1996 aged 35. Disabled student.  Still disabled.  Now age 60 and the DCA starting with E (can’t remember the name) has just contacted me re the 1998  student loan.   I was told when taking the loan that if it was not paid by the time i was 50 it would be written off.   I can’t find my paperwork to confirm though.  

Does anyone know if this loan should be written off now? 

[Deleted User]

The MSE Blog says earlier of 25 years after your first payment or when you reach 50 for 1996 loans for anyone under 40)

Erudio should be closing this one off, even for 40+ people it is meant to be closed off at 60

Send them in writing your details - age when you started, etc and tell them it's closed 

kaMelo

Jackierussell said:

Started uni course in 1996 aged 35. Disabled student.  Still disabled.  Now age 60 and the DCA starting with E (can’t remember the name) has just contacted me re the 1998  student loan.   I was told when taking the loan that if it was not paid by the time i was 50 it would be written off.   I can’t find my paperwork to confirm though.  

Does anyone know if this loan should be written off now? 

As above, according to the original terms of the loan it should have been written off when you turned 50 but, as always, there is far more to it than that.

The loan being written off under the original terms assumes you complied with all your obligations of the loan, keeping SLC up to date with your address, sending annual deferrals every year if you don't breach the earnings limit or paid back what was due if you did. If you didn't comply with your obligations then the loan is defaulted, the whole amount of the loan is due and will never be written off under the terms of the loan, you can be sued and a CCJ obtained.

It is however subject to statute limitations so without any acknowledgement of the loan for six years (deferral counts as acknowledging the loan) then, in the absence of a CCJ, the loan becomes statute barred. 

Even with a CCJ, if no action has been taken against you within six years of a CCJ then it would require Erudio to go back to court and ask for powers to enforce the CCJ. All that assumes you kept Erudio/SLC up to date with your address, failure to have done so may extend the time frame for enforcement because they've had to track you down.

Your disability has no relevance to the terms of the loans.