This website is a testimony to the problems Canadian Student Loan borrowers experienced from approximately 1996 to 2008 and until their loans were paid off.

The privatization of the Student Loans system by the Chretien and Martin Liberal governments broke the system and defaulted thousands of borrowers who were trying to pay their loans. There were even stories of suicide due to the harassment of borrowers.

Read the report that I prepared back in 2007 here. Canada Student Loans-The Need for Change Fortunately the new Conservative government at the time revamped the program and fixed the system for new borrowers, but borrowers under the previous program were left with ruined credit and continued harassment from debt collectors.

I call on the Canadian Government to apologize to the borrowers affected by this fiasco and make amends.

Unfortunately the Liberal government is again clobbering the Education system with their changes to International Student Visas. Yes, there's a problem, but instead of a well thought out plan, they have pulled the emergency brake on the train causing a derailment. This has introduced unprecedented instability for both private and public education institutions who serve both international and local students.

Universities have been forced to cancel programs and layoff hundreds if not thousands of full-time and contract instructors.

Again, the Liberal government has messed up the education environment.


  New Posts New Posts RSS Feed - Nordon Collection Agency!!
  FAQ FAQ  Forum Search   Register Register  Login Login


Forum LockedNordon Collection Agency!!
 Post Reply Post Reply
Author
  Topic Search Topic Search  Topic Options Topic Options
Christo View Drop Down
Newbie
Newbie
Avatar

Joined: 12/December/2005
Location: Canada
Points: 1 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Christo Quote  Post ReplyReply Direct Link To This Post Topic: Nordon Collection Agency!!
    Posted: 12/December/2005 at 11:00am

Need Help Please!!

I have recently had my student loans sent to a Collection agency due to my inability to pay on time and a bit of a misunderstanding on my part. Regardless, I have had someone from Nordon calling me about, from my understanding, my Ontario Student Loan. He tells me that I owe over $4000, to be repaid in full before my credit gets destroyed. I have told him that I do not have the money to pay in full, as I am a full-time student, but he tells me that that is the only way to save my credit from, what he tell me to be, at least 7 years of brutal credit, which he says, will seriously hurt my chances of getting a house or car in the near and not so near future. He has asked me to call in the payment, borrowing money from my parents or family members credit cards.

Is this a weird way to go about it? It just seems to me, because I have not in fact received notices in the mail as he has said were sent to me, as well as the fact that I have already set up a repayment plan with the integrated Canada Ontario student loan department, that he might be trying to finagle me for some money? It seems that nowadays you can never be too careful!? I don't want to be someone who always looks for the monster under the bed but I want to be careful of the fact that anything is possible? Not to mention when I asked if there was someone else I could talk to about the situation he became very diffensive.

Is there a seperate loan other then the integrated Canada Ontario Student Loan that he may be connected with? My Dad thinks that this guy is attempting to put one over on me, but I'm not sure what to think?

Any advice..?

Chris...
Back to Top
Sponsored Links


Back to Top
Buff View Drop Down
Groupie
Groupie


Joined: 15/July/2005
Points: 150 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Buff Quote  Post ReplyReply Direct Link To This Post Posted: 13/December/2005 at 2:26am

You're a full time student? Did you send all confirmation of enrollment forms into whichever company has your loans? If yes, they should not be in collection. Banks and NSLSC have a nasty habit of ''losing'' forms. If this is the case, get on the phone and start harrassing them. They're screwing with your credit and you did nothing wrong.

Collection agencies have a nasty habit of claiming to send stuff and not doing it. If your loan truly is in collection, I'm pretty sure they have to send you a letter. Tell the agency that you need something in writing before you can or will do anything. Get something from whoever held the loans before the collectors as well. Hard copies are proof, a phone call from someone you don't know is not.

Bugging you to borrow from everyone and their dog is normal procedure. They're not supposed to do it, but it happens anyway. They want commission, so they want a big payment from you.

I wouldn't try to borrow that money. That's a good way to ruin relationships and friendships.

Buff
Back to Top
 Post Reply Post Reply

Forum Jump Forum Permissions View Drop Down

Forum Software by Web Wiz Forums® version 12.07
Copyright ©2001-2024 Web Wiz Ltd.