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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saskgirl654 View Drop Down
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Joined: 25/August/2006
Location: Canada
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Post Options Post Options   Thanks (0) Thanks(0)   Quote saskgirl654 Quote  Post ReplyReply Direct Link To This Post Topic: change your phone number
    Posted: 25/August/2006 at 9:07pm

Want to deal with collection agencies?  Change your number. and unlist it.  Simple as that.  Return the calls when and if you feel like it.  Don't site a new address or number.  End of story. 

I've had barrages of harrassing phone calls at all times of the day even living overseas.  If anything, they make me not want to deal with the collection agent or my debt because 9 times out of ten they just make me angrier even when I have been paying my debt.  Once, you begin a relationship and you are 5 days late the phone is ringing.  Here's my philosophy....I am paying you the required amount regardless, of the date.  If I pay late, atleast, I am paying you.  Last call, ended my debt repayment agreement and created more hostility and negativity with regards to my relationship with the bank or the collection agency.  I just don't give two hoots anymore.  Now, I'll call you in 5 months when I feel like giving you the money I saved.  Unless Canada has an agreement with Korea and learns to speak Korean anytime soon they can ......

It's a no win situation.  I'm not paying some yahoo $1000 dollars to take care of my situation when all that really needs to happen is for Canadian agencies to revise what they call "customer service."

It is my debt, my responsibility but if they want to treat my like a jack*** every time they call then that's about as much respect as I am going to give.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Buff Quote  Post ReplyReply Direct Link To This Post Posted: 28/August/2006 at 11:14am

I agree, they can be quite annoying to deal with, but just being in Korea isn't going to hold them at bay forever. They're pretty sneaky and they have ways to get your address or phone number, even if you're doing your best to keep it from them.The Canadian collectors who are chasing you around may not speak Korean, but I'm pretty sure they can find someone in Korea who speaks English.

Buff

 

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