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Thread: Student Loans Company

  1. #1
    Regular Member Big Knox's Avatar
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    Default Student Loans Company

    Gotta love them. I wonder how much the postage for this letter was....

    This is despite me clearing the loan in December or so I thought.

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    Ex Vec-C Admin / Founder Duncan's Avatar
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    Regular Member Big Sig's Avatar
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    Send them 6p and then ask for the difference back

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    Ex Vec-C Admin / Founder Duncan's Avatar
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    lol, they're in such a mess already with their figures that it'll certainly confuse them. Instead of getting back £0.01 he'd probably get back £100.00!

  5. #5
    Regular Member Steven's Avatar
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    Thankfully never had to use them, but I have heard all the horror stories!

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    I told them I wanted a maintence loan and for them not to pay the university. The responded by paying the university. Now I have to get the university to refund me!

  7. #7
    Regular Member Big Knox's Avatar
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    I was going to send the 5 x 1ps and not put a stamp on it so they have to pay the postage! Sadly when I phoned to rant they spoiled my fun by writing the 5p off! Boooo!

  8. #8
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    Should have sent a cheque, would have cost them more to cash it!

  9. #9
    Regular Member cossiejay's Avatar
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    we keep getting baliffs letters saying we owe green insurance money but we have 2 letters off the green insurance saying we owe nothing just waiting for them to come round

  10. #10
    Regular Member m8internet's Avatar
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    This was an old issue with the SLC
    Check the agreement, there is actually a term that you need to contact them during the final payments to confirm the amount to settle and close the account

    I paid the minimum after completing my course in 1997
    The interest was silly money (as I was on the original contract)
    I noticed there was a deferment in the interest, such that the balance for January to March didn't have the interest applied until the following quarter
    As a result when it came to the final three payments I asked for details of what the amounts would be so that the account would be settled (as outlined in the agreement terms)
    Strangely they didn't apply any interest, it was simply capital repayment
    Three months later I received a letter that £0.00 was due and should be paid within 14 days, followed the following day that the account was now closed and I could delete the Direct Debit

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