View Full Version : UK Student loan discharge
smoky
06-03-2009, 09:09 PM
Hiya guys, new to the site, so much interesting stuff. Just a question for those in the know. Is the process in of discharging student loans the same in the UK as in Canada? If so, my birth certificate does not have the treasury number on it. Ten grand of debt has been on my shoulders constantly weighing me down for far too long now. I'm ready to discharge it and have a big party. Any advice would be greatly appreciated.
Thank you
smoky
07-03-2009, 08:27 PM
Any advice would be greatly appreciated. :)
danster82
07-03-2009, 08:51 PM
There is no one process, I am going to use my own understandings when they demand my student loan repayments which they havent done yet for some reason..
That understanding is that they never loaned you anything of value.
If you lookup the requirements of a binding contract there are 4 main requirments one of which is "consideration" consideration is where both partys in a contract are putting up somthing of value your putting up your promise to pay i.e your sweat and blood and they are putting up credit, but this is the point their credit which they loaned you had nothing of value because it was created out of thin air at the point you requested the loan. If I had loaned you the money then my account would show my deposit minus the amount loaned because everything in my account has been earned via my labor. But because they have entered the amount you borrowed into their computer using fractional reserve banking they have not loaned you anything of value and thus fail in consideration making the contract non binding and if your not bound to it why would you pay it back?
This is obvious when you consider the whole world both nations and individuals are in debt to the banking system, so you would have to believe that the people who own this system are so productive every day that they are rushing around creating more value than the population of the earth that they can then lend this value they create to the rest of the world and put the world in debt to them... this is obviously nots whats happening.
So your next request for payment write back asking for proof of alleged debt you want all the original signed papers most the time they cant even provide that as the debt has been sold to a third party who you never contracted with and it is actually them asking for the money. and so you wont have to go any further you can simply not pay till they provide the original contract. If they provide all details then take them to court with the argument presented above and ask them to prove to the court the loan by providing their accounting showing the loss's they sustained, they cant possibly sustain a loss and so cant do this and so where is the loan?
If you was to do something like this you really wouldnt be doing it with the intention of getting of a loan but instead with the intention of fighting a very corrupt financial system that has the world enslaved, if your not doing it for that reason then dont do it at all because you are in a sense acting as the tip of a spear for everyone else and it will be by no means clear sailing.
smoky
08-03-2009, 12:01 PM
Thanks for that insightful reply. Just to clarify, I am doing it to fight the very corrupt financial system that wants me and my fellow brothers and sisters enslaved!
girlgye
11-03-2009, 06:10 PM
I'm almost done but getting bailiffs threats on repaying the last bit of my loan. Is there any way you can claim the money you paid back?