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.


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    Posted: 16/January/2008 at 4:48pm
I am in regular contact with a Canadian collection agency. I've explained that I am confirming some information with the bankruptcy trustee, lawyer, etc. In their impatience, they have threatened me by saying that unless I hurry up and cooperate, they will decrease my US credit score (I am currently living in the US). Can a Canadian collection agency do anything to change a persons US credit score? Are they technically able to do this if they choose to?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 17/January/2008 at 1:44am
The reason they are doing this is because you are seeking help in dealing with their aggressive behavior and tactical approach. Collectors behave in two ways when confronted with what you have described:
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

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1) attempt to install enough fear in your mind so that you will act on their demand and calling, and that seeking help is a futile effort, and/or:
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 17/January/2008 at 1:46am
2) they suddenly shift to appearing to be nice and friendly, and convince you that they are the ones that can help you,
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

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and that if they go to seek help elsewhere you will be wasting your time and money, and that they are not able to help you for whichever reason.
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

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