Student Loans Company Agressive Letter

FoxEye said:
No, they haven't. Where did I say that? They are insisting on bank statements.
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Yes, your choice is provide the statements or settle the outstanding balance in full (as per the T&C's that you signed up to). Your choice. Not their problem that you just don't like those choices.


FoxEye said:
I am still living at home, that much is true. Rent varies, but I pay all bills. Gas, leccy, water, phone, council tax, TV, and whatever else needs paying.
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Hmmmm. Can you not see how living at home affords you the luxury of being able to save 'your money'? It clearly must be a benefit for you because you have stated many times before on other threads how moving out would be too expensive and you would not be able to live anywhere as nice as you do now for the same money.

So whilst your parents are not directly handing you cash, you are vicariously saving it by living at home. Ergo - it is still bank of mum and dad.
 
FoxEye said:
Enough to repay the loan in full. Put it this way, in the last 4.5 years I've saved all my earnings from my ~min wage job. I've not gone on holiday, I've not gone out, I've not bought things for myself except a cheap car (which is essential these days).

Thus I've saved enough for a deposit on a house.

But the SLC could see that this is enough to repay the loan, and frankly I don't think I should have to tell them how much money I have.

The terms of the loan repayment were that I wouldn't pay anything unless I was earning 15k.

As for the antagonists in this thread: imagine a mortgage. When you take out a mortgage you agree repayments, and both sides stick to it. The bank doesn't suddenly say "Right we'll have all our money back now, thanks." So why should this be different?
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Please tell me you were wise enough to stick your savings in a separate account or ISA. That way you just show them your main bank account and de done with it
 
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robgmun said:
Please tell me you were wise enough to stick your savings in a separate account or ISA. That way you just show them your main bank account and de done with it
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Jeez, just the kind of irrational scare mongering you would expect from a Ukipper.

They want to know if his income from his savings is more than the threshold, it isn't.
 
Skidder said:
Jeez, just the kind of irrational scare mongering you would expect from a Ukipper.
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Are you mentally deficient? Because you write like you are. What does financial savviness has anything to do with political standing? It's wiser to make your money work for you in a separate higher interest account or ISA unrelated to your main bank account.

Or i could have easily responded

"Jeez, just the kind of financial incompatency you would expect from a socialist/marxist/liberal"
 
robgmun said:
Are you mentally deficient? Because you write like you are. What does financial savviness has anything to do with political standing? It's wiser to make your money work for you in a separate higher interest account or ISA unrelated to your main bank account.
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Actually if he was a Santander customer he could be getting 3% on his current account balance right now, your point was?
 
This is the definition of making a mountain out of a molehill.

Send them what they want OP because this is a tick-box exercise for them and that makes your life easier. You don't earn sufficient interest from your savings and that is all they care about.
 
chanjy said:
Actually if he was a Santander customer he could be getting 3% on his current account balance right now, your point was?
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He can have a Santander current account but not have it as he's main account if you catch my drift (I have one too), just takes a little Direct Debt setups, your point was?
 
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Sorry but after reading this, I don't see why your getting you self all worked up.

Stark truth is, you signed up for a Loan - irrespective of what sort or provided by whoever.

You have the means to repay it. Your choosing not to - again irrespective of how it should be paid off or the term's

Your now with holding information. So to the company you signed on the line with you are now a massive risk - and they are well within there rights to start proceedings to mark you as such on you credit file's. Unless you also plan tot ell the Court's you don't want them to see your account's aswell? I'd look at the bigger picture - your behaviour and actions in regard's to this could all very easily be taken the wrong way and passed to other agencies to investigate for more serious crimes. And before anyone jump's up and say's thats just scaring etc - it's not. It's what could happen if the OP carries on with this action and attitude

I'd forget becoming a homeowner if you carry on this path, CCJ's kinda ruin that idea for a long time - as well as some career path's you may want to follow.

It'd very admirable that you busted your arse off through Uni and working hard to save up for a deposit for a home, but in doing what your doing you are putting that in jepordy.

If I had the option, I'd just get it paid off, get away from dealing with them, and then while it's very nice helping family out, paying bill's doing renovations, it's not getting you a job, it's not getting you earning so you can keep saving and working towards a home. Based on your other thread, seen as you were very close to getting there It shouldn't take you long to repalce what you pay them, and be in a better postion - a settled and cleared loan is better then a CCJ

If you have all your student loan paperwork, then I'd also be sitting reading every letter of it, making sure I fully understand every part of it, looking at every part of it and making sure that I've done everything in your mean's to meet your side of it.
 
robgmun said:
You're absolutely right, so you're backing up what i'm saying and that chanjy is wrong
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Not really.

If he has accounts which have a credit facility (overdraft - the majority of current accounts do, even if you never use it), they will show on a credit check. The balance will show as £0, but they will still show.
 
robgmun said:
Are you mentally deficient? Because you write like you are. What does financial savviness has anything to do with political standing? It's wiser to make your money work for you in a separate higher interest account or ISA unrelated to your main bank account.

Or i could have easily responded

"Jeez, just the kind of financial incompatency you would expect from a socialist/marxist/liberal"
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Finding you distasteful and amusing (not for good reasons) doesn't make me mentally deficient. You were proposing he hide his savings just as much as you were trying to promote him making a return. He doesn't need to hide them because they are a complete non-issue.
 
tcfreer said:
You have the means to repay it. Your (sic) choosing not to - again irrespective of how it should be paid off or the term's
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The fact he has the means to repay it is completely irrelevant.

The point here is that he does not need to nor are they trying to force him to. He simply needs to show he's not earning > 2k interest per year and they'll leave him alone.

Quite why he isn't prepared to do this is beyond me.
 
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