CRA collections
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URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=6631
Printed Date: 27/March/2026 at 3:59am
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Topic: CRA collections
Posted By: Beflar
Subject: CRA collections
Date Posted: 26/February/2013 at 1:44pm
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Just called today. CRA collections for student loans have no record of my student loan from 1996. What does this mean?
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Replies:
Posted By: Beflar
Date Posted: 26/February/2013 at 1:58pm
Posted By: administrator
Date Posted: 26/February/2013 at 3:40pm
First of all, this is a volunteer site so no one would have seen your post till a few minutes ago when I got home from work and had time to moderate the site... :)
To answer your question, at that time you likely would have had two loans - a federal portion and provincial. ... and back then the loans were taken out through the banks. If the bank did not sell your loan back to the government, then all records of your loans would stay with the bank.
Your provincial loan might have been sent back to the provincial govt.
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Administrator
Mark OMeara
Author of Let Go and Heal: Recovery from Emotional Pain
https://LaughSingWrite.com - http://bit.ly/heal2024
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Posted By: Beflar
Date Posted: 26/February/2013 at 3:49pm
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Sorry about that. So my debt is still alive and kicking? No chance at getting that mortgage if i wanted?
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Posted By: Beflar
Date Posted: 26/February/2013 at 3:56pm
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How would I get info on what i owe?
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Posted By: administrator
Date Posted: 26/February/2013 at 6:37pm
You need to read up on the stats barred forum. If you havent had any contact for over 6 years it might be statute barred. Get your credit report from Equifax and/or transunion and see if its listed there.
Do not send anything in writing, otherwise it will be considered acknowledgement and you will lose any legal protection from being statute barred and you'll be hounded by the collection agencies that will smell money and a commission. While I find that wanting to pay this is honorable, the system isnt and they will hound you and possibly destroy your credit rating. It may have already been completely written off by the government.
It may be better to leave sleeping dogs lie.... if you know what I mean, based on how this horrible system functions.
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Administrator
Mark OMeara
Author of Let Go and Heal: Recovery from Emotional Pain
https://LaughSingWrite.com - http://bit.ly/heal2024
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Posted By: Beflar
Date Posted: 26/February/2013 at 7:37pm
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Equifax says I'm excellent. What does that mean in terms of old student loan?
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