erudio @erudioed

ERUDIO STUDENT LOANS is a shell company, set up by THE WILMINGTON TRUST, controlled by ARROW GLOBAL, run by CAPQUEST, with student loans sold by THE GOVERNMENT Joined April 2014

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erudio @erudioed

10 months ago

Erudio's solution to data leak is paying you £25 to register with Cifas but warn it'll negatively affect your credit file by requiring longer to process all future credit applications & extra docs required by lenders. This'll put many off registering, limiting the cost to Erudio!

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erudio @erudioed

10 months ago

Apparently, Capquest has been subcontrating mail delivery to Adare SEC, who've suffered a data leak. Nothing on Erudio site about the leak but the affected are being offered £25 to register with Cifas. It'll have a knock on effect on our credit files, with extra checks necessary

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erudio @erudioed

2 years ago

Look where the money that was used to originally buy our student loans came from. Carval were owned by @Cargill, who it seems is playing a central role in exasperating and profiting from the coming wave of mass starvation: theguardian.com/global-develop…

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erudio @erudioed

2 years ago

Just out of interest. Has anyone been deferred in the allotted amount of time this year without having to follow up or contact them?

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erudio @erudioed

3 years ago

Maybe this rather worrying document from Arrow Global highlights why our service by Erudio has been terrible this year. Not answering the phones/replying to emails really does make more people pay when they confront defaulting (and it cuts Arrow's costs): m.marketscreener.com/quote/stock/AR…

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erudio @erudioed

3 years ago

Good news for many next year: The Department for Education (DfE) has confirmed to Erudio Student Loans that from 1 September 2021 to 31 August 2022 the new deferment threshold for mortgage-style student loans will be a gross annual income of £36,284

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erudio @erudioed

3 years ago

It looks like our loans and financial data are in the final stages of being sold by Arrow Global to TDR Capital LLP under the new name Sherwood Acquisitions Limited: lse.co.uk/rns/ARW/update…

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erudio @erudioed

3 years ago

I have it on good authority that @TheFCA might contact Erudio if they receive enough tweets/concerns about #erudio not deferring people in time and making them jump through unnecessary hoops to get deferred. Please do let them know if you are having problems!

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erudio @erudioed

3 years ago

Many reports that #Erudio (#ArrowGlobal & #Capquest) are not processing DAFs quickly (not answering phones, emails taking an age, unreliable portal) and have worryingly just started taking payments from ex-students banks.

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erudio @erudioed

3 years ago

More similar sounding reports coming in on @MoneySavingExp about #erudio not replying, answering or deferring people, as well as overreaching when they do reply by asking for documents not necessary to defer often very close to the deferment deadline: forums.moneysavingexpert.com/discussion/com…

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erudio @erudioed

3 years ago

More ex-students contacting me with problems deferring this year, requesting additional invasive and alternative supporting evidence, thats if they answer at all. Please do let me know if you are having problems deferring.

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erudio @erudioed

3 years ago

Please do let me if you are finding it very difficult to defer this year, or have not heard back. @financialombuds is advising people to file an official complaint with erudio. An email should be sufficient as it is time stamped.

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erudio @erudioed

3 years ago

Many reports coming in from ex-students who have not heard back from #erudio if they have been deferred after the deadline has passed. Many reporting the cant get through by phone or email, and when they do hear from them, erudio are requesting additional dubious information.

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erudio @erudioed

3 years ago

Is anyone having difficulty opening a message from Erudio after getting a text link saying there's a message waiting for them?

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erudio @erudioed

3 years ago

Looks like Arrow Global is about to be taken over by TDR Capital LLC, owner of The Lowell Group, Pizza Express, many house related businesses & large share holder in @asda . What does this mean for our student loans & there continuing surreal journey: lse.co.uk/rns/ARW/respon…

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erudio @erudioed

4 years ago

P2: From the BBC article: "In time, say the banks, these IOUs from business could be parcelled up and sold to investors, much like the bundles of student loan debt and bad loans from the financial crisis have been, thus taking it off the government's hands." You've been warned!

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erudio @erudioed

4 years ago

P1: UK banks seeming to exploit Covid-19 and eventually turn loans to businesses over to private debt collectors like Arrow Global. A warning small business owners, your loans will eventually put your finances in the hands of malicious debt collectors: bbc.com/news/technolog…