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student debts

Date: Mon, 01/12/2009 - 13:23

Submitted by anonymous
on Mon, 01/12/2009 - 13:23

Posts: 202330 Credits: [Donate]

Total Replies: 4

student debts


ok so just say u completed uni and had debts of maybe say 20000 i dont know a figure, and you moved to the usa is there the chance that the debts be written off? or would you be forced to repay them if you were to re enter the uk or could you be arrested?


i have a debt with the student loans company. if you stop paying i.e. you lose your job, earn under the threshold, or eave the country, they just assume that you no longer earn above the threshold. they do not persue you. the loan also (if yours is with the student loans company) has a lifespan of 25 years, so is cancelled whether paid or not. believe it or not i got this info from their call centre!


lrhall41

Submitted by anonymous on Sat, 02/14/2009 - 07:23

( Posts: 202330 | Credits: )


Guest....you need to do some major reading on student loans. There is no SOL and it not cancelled whether you are paying it or not. You might have been talking to a call center but you completely misundertood what they were saying. They will continue to pursue a default right up to garnishing social security income.


lrhall41

Submitted by SOAPLADY on Sat, 02/14/2009 - 07:38

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