The chairman of the Student Loans Company offered his resignation after it emerged that graduates in arrears were being sent "misleading" letters chasing repayments.

This has been revealed by a written ministerial statement - which said that chairman Christian Brodie's resignation offer was rejected. These letters were sent to 309,000 former students since 2005. They appeared to come from "Smith Lawson and Company Recovery Services". But this was a firm set up by the Student Loans Company, the agency which oversees the loan system for university students.....Read more here

June 2014 Posting - Student Loans Company uses Wonga-style fake legal letters Read more here

Fury as banks send Wonga-style legal threats to customers - Read here