Erudio Student Loans...could this involve PPI?

[BlueEarner]

Hi all,

 

Amongst my outstanding debts, 'Erudio' Student Loans from 1992-1995 is one of them.

 

I am in the process of clearing up creditors on my DMP with PAYPLAN.

 

Done the CCA's with each. Successful on two counts (had debts cancelled ��)

 

I want to pay off, with a little capital expected in January, and get some Full and Final offers going.

 

 

On here, I've been advised to check the PPI additions. I've heard just by phoning each creditor this is possible?

 

I defaulted on my PAYPLAN for the last 2 payments.

 

 

Erudio have sent me a letter stating the balance is £2000+, with arrears of £1930.

 

Not sure if that means I add those to figures together for a final figure or not.

 

Either way, they are now asking me to pay £1930, because I missed the last £55 installment....

Edited November 22, 2014 by BlueEarner
Typos

[dx100uk]

there wont be ppi on an SLC loan

 

 

but tell us the history

 

 

when did you last defer the loan

 

 

if rodeo have it, I'd not trust a word they say

 

 

they are arrows DCA in sheeps clothing.

 

 

I've moved you to the slc forum

have a read here

 

 

dx

[BlueEarner]

Ok thanks. I've had a read of other problems assoc. with Erudio.

 

 

Most seem to be with the deferment issue.

 

I last claimed deferment 4 years ago. Then lost contact (moved abroad).

 

Re-established contact 2 years ago,

the old SLC sent me loads of confusing stuff saying rules had changed

and there was a new collector (will have to dig that out later to get the details)

 

But in short, I updated them with my new address ( they also charged me a fee for 'trying to find me'),

then I put them on my DMP, which they accepted.

Since then no annual discussion of a deferment form.

 

Just realised I never sent a CCA request to these guys, because at the time they were not on my DMP...Ill do that first then.

[dx100uk]

I'd seriously look st doing the same with any debt paid thru PP

bar bank accounts or mobile debts mind of course

 

 

dx

[BlueEarner]

Ok, I've been digging through all the paperwork of my Student Loans. It's confusing, but here's a summary:

 

Loans taken out 1992-1995. Over the years, I've paid installments if earning enough, deferred if not.

But: recovered from a previous address:

 

7/2/2013, Rossendales Collect write to me, say I owe £1169 arrears have not defferred and should pay up.

18/2/2013, SLC write to my current address, tell me I have been passed to Rossendales and will be charged £70 extra (not stating what the charges were for)

19/2/2013 (to old address) Rossendales thank me for my recent communication (?!) and confirm they are to continue to collect

27/2/2013 Rossendales threaten me with a doorstep collector and legal action

5/3/2013 Rossendales inform me of a NOTICE OF VISIT within a few days (still at wrong address)

30/4/2013 SLC (to old address) tell me total debt is £2918 which includes arrears of £1349

16/5/2013 SLC (now writing to old address?!?) inform me of the debt arrears £1419, another £70 charge, and that Rossendales ARE NO LONGER COLLECTING my debt.

5/6/2013 SLC (write to current address now) inform me of a NOTICE OF DEFAULT and charge £10 'auto trace charge'

1/9/2013 SLC tell me my repayment amount per month for a £2971 debt

30/10/2013 SLC same again, now £2978

19/3/2014 SLC tell me my 'mortgage style student loans'(?!) are transferred to erudio. They also apologise to me for not complying to the CCA over some correspondence in the past (Rossendales perhaps?!) and will reduce the debt by £321.08

In the same pack, from Erudio, come back dates statements dated 2011 and 2012, involving 'charges' again and debt remains at £2681

At this stage I put this account onto my DMP and make payments accordingly.

 

Since missing payments, I last recieved a letter (Oct 2014) telling me of arrears again. Balance £2261 arrears £1930......

 

How confusing!

Any advice on how to go forward with this?

Thanks in advance.

[dx100uk]

as your loan is pre 1997/8 its called the mortgages style

 

 

pre 2013 when did you last defer

[BlueEarner]

The last official defferment was 2010

[dx100uk]

not SB'd yet then

 

 

have you sent them a CCA request?

 

 

dx

[BlueEarner]

Sorry what is SB'd?

 

No, but I'm about to send the CCA request letter. I thought if Erudio is 'government assigned' it might be more water-tight? Still, I'm sending it anyway

[dx100uk]

gov't assigned!!??

 

 

arrows [Erudio] are the biggest fleecers out there.

 

 

don't trust anything they say or do

 

 

SB is statute barred

[BlueEarner]

Sorry not government assigned

 

I mean the SLC wrote to me saying

 

"The government announced in Nov 2013 that it has sold the remaining publicly owned Mortgage Style Student Loans.

As a result (your loans) have been transferred to Erudio Student Loans on March 2014."

 

The government did this to "reduce public sector net debt"

 

The whole pack they sent me seems more organized than other dca's

- and if government sold the loans to Erudio,

you would think things like CCA documents would be accounted for.

 

 

So I'm surprised on here that Erudio has such a bad name

- albeit something in my favour.

Regardless, a CCA request has just been sent.

 

I wonder if there are instances of anyone finding that Erudio hold no CCA?

Can't find any on here yet.

[BlueEarner]

Apologies. Did an incorrect search term. There's loads of Erudio cases here. All very interesting and slightly different, but the main concenus I get is that

 

-the loans are very old (92-95) - could be difficult to find any CCA

 

-Erudio are a DCA and have no legal ground

 

However - have I 'acknowledged the debt' because I pit Erudio onto my DMP a few months back, before getting wise. So they have recieved payments. But not anymore, whilst a CCA request is pending.

 

What they did send me originally was a "Notice of Assignment" so I'm not sure what this means, and whether it counts as any form of CCA.

[dx100uk]

a letter of assignment simply means they have assigned all legal rights etc to the assignee

 

 

it doesn't mean its enforceable

 

 

the CCA request stands

 

 

as for ack'ing the debt

 

 

that makes no odd

just means you might have reset the SB clock.

 

 

was there a gap of 6yrs when you did not defer or ack the debt Before you started to pay it?

 

 

dx

[BlueEarner]

No there was no gap of 6 years.

 

 

I deffered every year with SLC.

 

 

Then there was about 3 years out of contact when I moved.

 

 

I went 'oops' and then put Erudio on the DMP.

 

As explained above in those 3 years, SLC handed it to Rossendales, then took it back and applogised for operating beyond the CCA t&c.

 

Ok - so maybe unenforceable, NOA makes no difference then.

 

Awaiting response from CCA request seems the logical next step.

 

Previous results from my CCA requests have shown Link Financial searching (still),

and Robinson Way (hoist portfolio) putting their hands up and saying they have nothing.

 

 

Debt cancelled.

 

 

Only BoS came up with a correct CCA.

 

Erudio, the clock is ticking...

 

Thanks dx

[dx100uk]

go kick 'em into touch.

 

 

this is why I so hate DMP providers

 

 

they should be MADE BY LAW

to check the enforceability of every debt.

 

 

dx

[BlueEarner]

Yes I am shocked with Payplan, my DMP. It so happens that they have locked me out of my account so I can't check my records. Probably just as well - they even state themselves that their records of each debt may not be accurate balances.

 

Feel much more empowered and organised dealing with each creditor individually....even though I am on the other side of the globe. Postal costs are worth it! The only snag is including the statutory fee postal orders and such like - can't do that here. Just means a slight delay in getting a relative in the UK to slip in a PO for me. It gets there in the end!