Question about student loans in UK?

I took out two student loans in the UK, in Sept. 1997 and Sept. 1998 using the Student Loans Company. I have always been able to defer payment as I have always earned less than 2000 pounds a month. I no longer live in the UK, am unlikely to earn more than 2000 pounds a month and may never return.





Will this debt ever be written off by the Student Loans Company? When I took out the loan, I heard it was written off after 10 years of deferrments, it may have been a rumour. Is this true?





I read that is written off after 25 years for new students, does this now apply to me?





Has anybody ever sucessfully had their loan written off by the Student Loans Company?

Question about student loans in UK?
As long as you income continues to fall under the threshold for deferment you can continue to defer your repayments each year as normal. However you must contact them each year and send evidence of your gross earnings (under £2034 per month at present to be eligible for deferment).





The 25 year rule only applies to students who entered Higher Education after the 1 September 2006.





In your case the loan will only be written off :





1) When you reach the age of 65





2) If you die before you pay the loan off





3) If you become permanently disabled and unfit for work





Hence you will need to continue deferring your loan. You will have to make sure your contact details are correct as if you miss your date to defer then you will have to make any payments that are due to you.





Also if you do not keep them upto date they can demand you repay the whole loan once they locate you...which they can in most places in the world now!
Reply:Have you checked out the website, www.studentsupportdirect.co.uk ? If the answer's not on there, you could try giving them a rin to chat about it. I'm still studying, so had the pleasure of speaking to them only last week. Surprisingly, they have to be one of the best helplines I've ever called.





I'm afraid I can't help you more specifically. I'm still claiming my Student Loan, and will probably be paying it back out of my pension.
Reply:Hello Everyone,


My name is Mr Paul Walters and i am a private money lender that renders financial assistance to those in need of loans at an interest rate of 3% thus if you are in dire need of a loan, contact us via paulwalters12@yahoo.com





NOTE: THIS OFFER IS OPENED TO ALL!!!

tooth ache