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Hi I realise this may be a tough question but I graduated last year from university in England and have since emigrated to the USA. How do I arrange to pay back my student loan, or If I never how long until the debt is cleared etc. Anyone have any information, ideally I would like to just pay it off so it isn't hanging over my head should I ever wish to return to the UK.

Cheers

David

2007-08-09 07:16:29 · 5 answers · asked by waltonblue 3 in Education & Reference Financial Aid

Jungle Jungle I am only 24 mate, recent graduate. No possible way I could have paid it all back in the 6 moonths between graduation and emigrating. Also if you read the post again you will see I would rather pay it back, just not sure how. Some people just chomp :-(

2007-08-09 07:44:29 · update #1

5 answers

Simply contaqct the student loads Co, think they're still in Glasgow. I'm sure you can pay by card etc internationally, and if you DON'T, it doesn't go away, they add fees and pass it to a debt collection agency . . .
Believe me I know, they tried it on me after the "made an error" and claimed to have not been able to contact me, when they actually managed by simply calling my registered work phone No

2007-08-09 07:19:57 · answer #1 · answered by stu_the_kilted_scot 7 · 1 0

Contact the lender and give them your updated contact information. In the US, you generally have to start repaying your loan 6 months after graduation, so you may already be late. Contact them NOW, and you can probably arrange for payments to be taken right out of your bank account, or you can obtain an address or website to make monthly payments to. Don't just not pay it - you borrowed the money, so you should pay it back. It was millions of other people paying back their loans that made it possible for you to obtain yours. Do the next generation a favor.

2007-08-09 07:20:32 · answer #2 · answered by oj 5 · 0 1

No. you will could desire to enable them to recognize the place you're shifting & nevertheless pay them back. A debt is a debt- you borrowed some else's funds & have an criminal duty to pay it back. in case you default, it incredibly is going to impression your credit for years yet to return which will make it complicated so you might purchase a automobile, a house, etc.

2016-12-15 10:18:24 · answer #3 · answered by Anonymous · 0 0

I found interesting information about your answer, college loans, scholarships, college grants & partime works here.
http://all-student-loan-consolidation.blogspot.com/2007/07/scholarships.html
Good luck!

2007-08-10 02:35:51 · answer #4 · answered by Anonymous · 0 0

you had details of who to repay to .. i'd pay it back, and yes you probably can pay it off in one lump sum.. why didn't you pay it off it total BEFORE you left?

as if you don't and think you'll get away with it... think again..

you signed a legally binding agreement to pay the loan by not you are defaulting on it and its fraudelent.

2007-08-09 07:22:14 · answer #5 · answered by junglejungle 7 · 0 0

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