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Original poster

Help. What can I do about old student loan debt?

8 replies

Antwisle · 04/09/2023 00:45

I've name changed as am paranoid about them tracking me.

I had a student loan between 1992-95. It was £5k. I never earnt enough to have to pay it back and deferred it for years. Over time the process for deferring it got more and more onerous especially once I moved abroad and to be honest I just couldn't be fucked with dealing with them not answering emails/faxes/international phone calls etc so stopped doing anything about it.

All my fault and responsibility.

I came back to the UK fifteen years ago and got refused a tenancy because the credit check showed a ccj against me, from 2003. I did a bit of digging and found out it was for a bulk hearing, for student loans. I also got a couple of letters from a company called capquest demanding money. I looked into this company and they have bought up student loans. I ignored them.

I applied for a tenancy with a different agent, nothing showed up in the check and life went on. Capquest didn't write to me at my new address or any address after.

Now suddenly I have had a letter from a company called INTRUM demanding this money from me. What should I do? After all this time I really thought it would have gone away. I am 51 and under the original terms my loan is written off at age 50.

OP posts:
AnythingILike · 04/09/2023 00:49

You broke the terms first. Call Citizen's Advice and speak with their debt department

Original poster
Antwisle · 04/09/2023 00:51

I get that but it's 20 years even since the ccj!

OP posts:

Interested in this thread?

Then you might like threads about these subjects:

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Yarnysaurus · 04/09/2023 00:53

I'm pretty sure they only get written off at 50 if you haven't defaulted.

You need to seek advice.

Crazyducklady · 04/09/2023 00:57

Ignore. Its statute barred. If they contact you do not acknowledge the debt. Don’t admit to it in any way either verbally or in writing or it resets the clock so to speak. They can not legally pursue you for it as the timeframe has passed.
It’s called the statute of limitations. Have a read online.

Deathbyfluffy · 04/09/2023 00:59

Antwisle · 04/09/2023 00:51

I get that but it's 20 years even since the ccj!

It’s your debt, just pay it and take some responsibility rather than trying to wriggle out of it.
You owe the money, man up ffs!

MidnightMeltdown · 04/09/2023 01:01

Antwisle · 04/09/2023 00:51

I get that but it's 20 years even since the ccj!

Why does that make a difference? If they think that you owe them money then it's not going to just magically disappear if you ignore it. It was always going to catch up with you eventually.

If you've never earned enough to pay, and you owe them nothing, then why not just tell them that?

Spartak · 04/09/2023 01:15

Crazyducklady · 04/09/2023 00:57

Ignore. Its statute barred. If they contact you do not acknowledge the debt. Don’t admit to it in any way either verbally or in writing or it resets the clock so to speak. They can not legally pursue you for it as the timeframe has passed.
It’s called the statute of limitations. Have a read online.

There's a CCJ, so the six year time limit does not apply.

OP, get some advice about what to do next. The National debtline website has some helpful information and they also have a telephone helpline.

https://www.nationaldebtline.org/fact-sheet-library/statute-barred-debts-ew/

Fact Sheet - Statute barred debts | Time limits for recovering debts | National Debtline

https://www.nationaldebtline.org/fact-sheet-library/statute-barred-debts-ew

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