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 upcoming 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 can't plan. I've heard of courses being cut because the government has no process in place for universities to send the newly required acceptance letters to the government.

This means that students who have been accepted can not attend courses that start in the summer 2024 semester. With cut sections, current Canadian students will have trouble getting courses, and may have to switch to part-time which changes their enrollment status and might trigger repayment of their loans or ineligibility for funding. I've seen this before. It wreaks havoc on the student loan borrowers.

Again, the Liberal government has messed up the education environment. Will the new system needed in a rush for the acceptance letters be the new Arrivecan scandal?

I call on the government to implement a slower phased in approach and delay the requirement of the acceptance letters until a process is in place to submit these letters.


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Forum LockedRemoving hard inquiries that are more than 6 years

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Fossil View Drop Down
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    Posted: 28/March/2017 at 8:01am
Hi, I have a number of hard inquiries on my account that are from more than 6 years ago. Do they lawfully have to remove them because of the time elapsed? Also can I dispute all of them in one letter, or do I need to send a separate letter to dispute each hard inquiry?
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SolveStudentDebt View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 28/March/2017 at 8:18am
With Equifax, they are supposed to drop off 3 years after the fact. With Trans Union, they are a mysterious bunch. They don't play the same ball game. TU has questionable practices, for sure. 
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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bananasplit123 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote bananasplit123 Quote  Post ReplyReply Direct Link To This Post Posted: 19/May/2017 at 5:44am
This is very interesting.

I suppose if you are persistent enough, you should be able to have things removed.

I want to order my reports this week and find out what is on there.  I was recently approved for a Visa (which shocked the crap out of me as my student loan debt has been an issue in securing any sort of credit).  
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Royal-NCO Quote  Post ReplyReply Direct Link To This Post Posted: 20/May/2017 at 6:52am
It depends on how many enquiries are showing on your report.  Equifax hangs onto the last 5 enquiries indefinitely.

As Johnny said, Transunion is a unique monster.  I have enquiries reporting back only as far as 2011, but I have completed about 20 enquires since then, so ....
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