Government to sell off £900 million of student loans to private debt collection firm

[Terpe]

How does any creditor get money from the debtor who either won't pay or can't pay ?

Not as easy, or cost effective, as you might believe.......

[joebloggs]

How does any creditor get money from the debtor who either won't pay or can't pay ?

Not as easy, or cost effective, as you might believe.......

the gov has more powers than any debt collection company, take it straight from their wage or their benefits

they've gained from going to Uni, they should repay the loan they agreed to, I've got credit cards and a loan, I've not missed one payment, all this toxic debt it's , wish i could dump my debts, if you don't repay then you should be refused any sort of credit again., so let them try and get a mortgage to buy a house when they defaulted on a loan

[Terpe]

the gov has more powers than any debt collection company, take it straight from their wage or their benefits

they've gained from going to Uni, they should repay the loan they agreed to, I've got credit cards and a loan, I've not missed one payment, all this toxic debt it's , wish i could dump my debts, if you don't repay then you should be refused any sort of credit again., so let them try and get a mortgage to buy a house when they defaulted on a loan

If I thought you'd be interested I'd help speed up your own research.

Governments do not have more powers.
But HMRC and local governments do push through to an end-game position that brings bankruptcy if they believe strongly enough there is any possibility of a return.