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Implication of new Liberal law

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Gina12121234 View Drop Down

Joined: 15/December/2017
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    Posted: 15/December/2017 at 2:59pm
Hello everyone,

I am trying to understand what is really meant by the new Liberal law indicating that no student earning less than $25,000 per year is required to make payments on student loans.

As I researched this, I found that previously, no student learning less than $20,000 per year was required to make payments on student loans, yet although I never reached this threshold, I was always pursued by the CRA for my defaulted loan, and told I needed to find a way to pay, even though I earned less than minimum wage, such as "reaching out to family members and friends".

I am really confused about why, if my income is below the poverty line and the government says I am not required to pay when in this income bracket, have I been pursued for so many years, threatened and told I need to find the money. The credit agencies gave up when I told them I would call them when I was able to make payments, but the CRA did not. Is this legal, and will the new Liberal law change anything?

What are your thoughts?
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