Erudio Student Loan Written Off

The Erudio student loan book has been sold by the Department for Business, Innovation and Skills to a private sector company called Arrow Global. The sale is expected to be completed in summer 2015. What changes now? Agents will continue to act as Arrow Global’s agents and will collect repayments on Arrow Global’s behalf for a short transition period; if you have queries about your loan you should contact Arrow’s Customer Services team on 0333 003 7188. You can also contact Erudio directly via the website or telephone number that you have used previously. Any other changes to arrangements will be communicated by BIS and Erudio/Arrow in due course

Erudio Student Loan Written Off

The Erudio student loan book has been sold by the Department for Business, Innovation and Skills to a private sector company called Arrow Global.

The Erudio student loan book has been sold by the Department for Business, Innovation and Skills to a private sector company called Arrow Global.

The sale is expected to be completed in summer 2015. It is part of the government’s plan to reduce its debt burden. The sale is expected to raise £1.7 billion and save the government £1 billion in servicing costs.

The sale is expected to be completed in summer 2015.

The sale of the student loan book is expected to be completed in summer 2015.

What changes now?

• The Erudio Student Loans program will now be administered by Arrow Global, which has been collecting repayments since February 2019.
• Agents will still be used to service the loans. If you need to contact an agent, they are available at any time by calling 0800 917 0888 or emailing support@erudio.co.uk
• You can also contact Erudio or Arrow Global directly via their respective websites:

Erudio website: https://www.erudio.co/StudentLoanService/Homepage

Arrow website: https://www.arrowglobalgroup-solicitors.com/contact

Agents will continue to act as Arrow Global’s agents and will collect repayments on Arrow Global’s behalf for a short transition period; if you have queries about your loan you should contact Arrow’s Customer Services team on 0333 003 7188.

Arrow Global will continue to act as Erudio’s agent, collecting repayments on their behalf for a short transition period. If you have queries about your loan, please contact Arrow’s Customer Services team on 0333 003 7188.

You can also contact Erudio directly via the website or telephone number that you have used previously.

Erudio Student Loans

You can contact Erudio directly by using the website or telephone number that you have previously used. If you are having trouble contacting Erudio, then please contact Arrow and ask for their help in sorting this out for you.

Arrow

If you are having trouble contacting Arrow, then please contact Student Finance England (SFE). SFE will be able to tell you what to do next and they may also be able to help with any questions or concerns that you have about repaying your loan. Remember: it is important not to give up on your student loan because if it is written off, it could affect your credit rating negatively.

Student Finance England (SFE) can be contacted by phone on 0345 608 8080 or by visiting www.gov.uk/student-loan-repayment

Any other changes to arrangements will be communicated by BIS and Erudio/Arrow in due course.

The sale of the student loan book has been announced, and Erudio/Arrow have confirmed that they will continue to act as Arrow Global’s agents until all outstanding loans are transferred over to Erudio.

BIS and Erudio/Arrow in due course. If they do so, they will send you a letter or email informing you of any changes to arrangements with them (which might include changes to your monthly repayments).

The government’s student loans book has been sold to a private sector company

The sale is expected to be completed in summer 2015. Erudio student loan book has been sold by the Department for Business, Innovation and Skills (BIS) to a private sector company called Arrow Global.

Closing

It’s important to note that these changes won’t affect the way you manage your account or make repayments. The sale will allow Erudio to provide a better service and support for those who are in financial difficulty, which is great news.