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Hi
I wonder of someone could possibly advise me on quite a serious situation.
I enrolled on a postgrad course last year. The course fees were to be paid in ‘monthly instalments’ financed via the Uni’s internal subsidiary student finance dept. A credit agreement was signed.
Approx 6-8 weeks prior to the start date of the course I wrote to the Uni registry informing them that I intended to withdraw from the course as I’d been offered a place on an alternative course at different Uni.
I thought nothing more and carried on with studies. A few months later I was twice contacted by phone by the Uni’s finance team querying my ‘none payment’ of my fees and once by email by a tutor asking why I was not submitting any assignments. I directed them to my letter of withdrawal and explained that I’d withdrawn from the course. I heard nothing more from the Uni.
8 months later, having received absolutely no communication from the Uni, I received a solicitor’s letter saying I had to pay £1900 within 7 days or it would be registered at court. I explained the situation to the solicitor; they put the case on hold for 30 days while I forwarded evidence of my withdrawal. No reply from the Uni was received. I contacted the solicitor and informed them of my correspondence. They said they’d chase up the Uni and get back in touch with me. I received no contact from them (and I’m still waiting).
Last week my credit score changed. I’m now the proud owner of a default for the sum of £1900 on my credit report.
Surely an organisation can’t issue a default without a informing me that they’re going to issue such a sanction against me and surely they should have issued me with requests / invoices / statements / final demands / ‘threatening letters’ etc.
The most upsetting fact is that I have recently been refused a mortgage due to an ‘issue with my credit report’.
I had an ‘Excellent’ Experian score of 967 prior this default.
The Uni’s actions, unfair and unjust actions in my opinion, have ruined my credit rating and without wanting to sound melodramatic have ruined my future plans – and will probably bar me from gaining another mortgage for a further 6 years. As I’m 40+ this is going to have a HUGE impact on my house buying options due to the time frame of the end of the mortgage / my retirement age.
I know the internet can’t be 100% trusted with advice but I’ve read on numerous finance sites that they (the financers) have to give a 28 day notice of their intention to issue a default. In fact they've failed to provide any correspondence indicating their attempts to contact me to resolve the matter.
Is there anything I can do regarding this?
Any help would be appreciated!
Thanks
I wonder of someone could possibly advise me on quite a serious situation.
I enrolled on a postgrad course last year. The course fees were to be paid in ‘monthly instalments’ financed via the Uni’s internal subsidiary student finance dept. A credit agreement was signed.
Approx 6-8 weeks prior to the start date of the course I wrote to the Uni registry informing them that I intended to withdraw from the course as I’d been offered a place on an alternative course at different Uni.
I thought nothing more and carried on with studies. A few months later I was twice contacted by phone by the Uni’s finance team querying my ‘none payment’ of my fees and once by email by a tutor asking why I was not submitting any assignments. I directed them to my letter of withdrawal and explained that I’d withdrawn from the course. I heard nothing more from the Uni.
8 months later, having received absolutely no communication from the Uni, I received a solicitor’s letter saying I had to pay £1900 within 7 days or it would be registered at court. I explained the situation to the solicitor; they put the case on hold for 30 days while I forwarded evidence of my withdrawal. No reply from the Uni was received. I contacted the solicitor and informed them of my correspondence. They said they’d chase up the Uni and get back in touch with me. I received no contact from them (and I’m still waiting).
Last week my credit score changed. I’m now the proud owner of a default for the sum of £1900 on my credit report.
Surely an organisation can’t issue a default without a informing me that they’re going to issue such a sanction against me and surely they should have issued me with requests / invoices / statements / final demands / ‘threatening letters’ etc.
The most upsetting fact is that I have recently been refused a mortgage due to an ‘issue with my credit report’.
I had an ‘Excellent’ Experian score of 967 prior this default.
The Uni’s actions, unfair and unjust actions in my opinion, have ruined my credit rating and without wanting to sound melodramatic have ruined my future plans – and will probably bar me from gaining another mortgage for a further 6 years. As I’m 40+ this is going to have a HUGE impact on my house buying options due to the time frame of the end of the mortgage / my retirement age.
I know the internet can’t be 100% trusted with advice but I’ve read on numerous finance sites that they (the financers) have to give a 28 day notice of their intention to issue a default. In fact they've failed to provide any correspondence indicating their attempts to contact me to resolve the matter.
Is there anything I can do regarding this?
Any help would be appreciated!
Thanks
)
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