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New Brunswick Student loan vanished?
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Johnny View Drop Down
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Joined: 05/November/2003
Location: Canada
Posts: 4173 		Post Options Post Options   Quote Johnny Quote  Post ReplyReply Direct Link To This Post Topic: New Brunswick Student loan vanished?
    Posted: 06/January/2010 at 7:40pm
The NB loan would have been 100% guaranteed by CIBC. Did you open the student loan in 1997 or 1998?
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Sunflower View Drop Down
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Posts: 7 		Post Options Post Options   Quote Sunflower Quote  Post ReplyReply Direct Link To This Post Posted: 07/January/2010 at 4:49am
Hi Johnny;

What do you mean the NB Student Loan would have been guaranteed by CIBC?Confused
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Johnny View Drop Down
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Posts: 4173 		Post Options Post Options   Quote Johnny Quote  Post ReplyReply Direct Link To This Post Posted: 07/January/2010 at 12:17pm

There is likely nothing owed to the NB government. CIBC would have guaranteed 100% of the loan. Contact the CIBC Natuional student center and ask for a breakdown of how your loans were divided. They can easily tell you that.

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Posts: 3 		Post Options Post Options   Quote RadoZ71 Quote  Post ReplyReply Direct Link To This Post Posted: 08/January/2010 at 4:19am

So CIBC has the loan? Would this be the same for a 2003-2005 loan? Why havent they contacted me. And It would appear my NB portion disapeared when it went to collections then came back, all the satements they send me now say Can-NB student loan.
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Posts: 13 		Post Options Post Options   Quote Vixen Quote  Post ReplyReply Direct Link To This Post Posted: 03/March/2010 at 7:59pm
I tried to pay my New Brunswick Student off about 7 years ago and no one could find record of it. I finally gave up after making multiple calls to the collection agency and the student loan center. I haven't heard anything in the last 7 years about it (The original loan was taken out in 1998). I received a letter today regarding my NB student loan advising that it was a notice to remind me of the outstanding provincial portion of my NB loan and that as of Feb 1/09 the management of the loan was transferred from the National Student Loans Centre to the Debt Management Branch of the Department of Post Secondary Education, Training and Labour.
 
I can't remember that exact amount of the loan but the letter states I owe $4257.78 as of 01/31/2010. I don't believe the loan was that big but again it's been 7 years since I saw anything on it.
 
What do I do? And what will these people do to me?
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