Hi,

Does anyone have any Scotiabank Government Student Loan leaflets, posters, web page printouts, booklets or advertsing for the period 1995-2000?

Thanks

  What exactly are you looking for?

 Johnny

  http://www.cfwgroup.ca - www.cfwgroup.ca

Hi All,

I am looking for advertisements that say something like "you do not have to repay your loan while you are a confirmed full time student as the loans are interest free while at school".

"loans do not become payable untill 6 months after you graduate"

Thanks

It says that right in the CSLFA.

 Johnny

http://www.cfwgroup.ca - www.cfwgroup.ca

http://www.cfwgroup.ca/foum - www.cfwgroup.ca/foum

I had a student loan with scotia bank back in 1998. I ended up not finishing my schooling due to faults of the school that were beyond my control and therefor felt forced to discontinue my schooling.

Since then i have not recieved any letters about my loan, recieved one VERY nasty phone call and requested that all attempt to collect be in written corespondance and have not recieved a thing since. In summer of 2004, I phoned that collection agency, who told me that my loan was recalled (sent back to bank) and so i called the bank. They told me that the loan had gone to this other agency, so i phoned them. They told me it was recalled back to the bank and so upon phoning the bank again, they told me they didnt know where my loan was. I have not heard a thing since.

Does anyone know how i would go about finding out if that loan has reached the limitations for Statutory Barring? I am completely unable to repay this loan in this life time now (as the intrest wil climed way too high) and I am kind of afraind to pop my head out of this littlehole of debt i have been hiding in.

1. You can call your lender and ask them if it is statute barred. Bear in mind that they do not prefer to give their debtors information that will cause any restrictions in recovering the money.

2. You can go to a lawyer and pay him or her a couple thousand dollars to hopefully find out.

3. You can continue hiding under the bed until you feel the coast is clear.

 4. You can go to The CFW Group to get you the answers you are looking for as little as $400.00.

 Johnny

http://www.cfwgroup.ca - www.cfwgroup.ca

http://www.cfwgroup.ca/forum - www.cfwgroup.ca/forum

 If your debt is statute barred re the recovery of the debt, that is different from the limitations for credit reporting. If the bank has it reported, it can remain there for 6 years - less one day from the day of last activity (payment or acknowledgment).

 The banks are pretty good at keeping them reported. The best thing to do is ask them to remove it if you can conclude that it is barred. They either will or won't - and you can escalate that to a legal matter for results.

Just remember that a lender is never going to do or say something to one of their debtors to allude hin or her to the fact that there is nothing they can do to recover the money. This is where people who are trying to determine if their debt is barred is very difficult. Creditors and lenders try to keep the debt alive - and trick people into thinking it is not barred. It happens.

 Johnny

So, another route i thought about is possibly applying for a student loan pardon. I had a friend wo got one on hers, and she didnt go through any where NEAR the amount of things i went through with it.

The only thing i am afraid of, is that i will pop my head up looking into a pardon, and then BAM! (that whck-a-mole concept)

Any info on pardons?

Misslissa:

As far as I know, a "pardon" only refers to criminal convictions .... a student loan is a debt, not a criminal conviction.  Can you get some more information from your friend on what exactly happened with her student loan?  If there are such things as "pardons" for student loans, there would be a whole lot of people on this site who could use that information!!!

Hi Mark

The above link for Scotia Bank archives reroutes the listed links to their main web site.