But for all I know, it's a fair debt, like I said, I don't know squat about banks, if it is all my fault for being ignorant, I do intend to pay I just would like to be given a chance to set myself up. Seriously? Do you mean they'll send some slimy collector round that I can tell to go away and that's it or is the deadline a complete scare tactic? Yes, it's live with Natwest.

Anyone?

I don't recall any letters from Natwest telling me I had this debt, that's why I was so shocked at the letter from Moorcroft, the first letter they sent (Which I can't seem to find >_ I went into Natwest with the first letter as soon as I got it but the woman said if they sent it then I need to deal with them. And the problem is I don't have a job, don't I need a regular income to set up a payment plan of even £1 a month or they're just going to say that hen I run out of money I have now then I can't fulfill the payment plan. I'm pretty worried about this, lets just say they do own the debt and I don't manage to sort this out in their 14 day deadline next week, what will happen to me, will bailiffs knock on my mum's door or can I go prison?

Ok, I know absolutely nothing about the way Banks and loans and whatnot work so I may come across as an idiot here but basically, I've just left Uni and as such, had Student Debit account with my bank Natwest. As I understand it, the Student Loans and Grants I took out for the three years were a set sum put into my account, if I have no Money I have nothing to spend but somehow I've got a £300 debt up somehow and I first knew about it when Moorcroft first sent a letter to me saying I should ring up and set up a Payment Plan in the next 7 days. I handed the letter to my Mum who said she'd sort it but it seems she didn't as I've got another letter a few days ago saying because I didn't respond by agreeing to pay an acceptable lump sum I have 14 days to contact them or face court action. But I have less than £100 in my account and I haven't even got a job yet, I simply cannot pay it in time. Am I in serious trouble here? I'm too scared to contact them because I know I will fold under their bullying tactics, what are my options here?