Mis-Sold Student Loans

The next major financial mis-selling scandal

Student Loans may be challenged on a number of legal bases:

    1. They have been provided without any meaningful assessment of suitability and affordability;
    2. No fact find or due diligence was completed;
    3. An inadequate sales “take it or leave it” process was often followed;
    4. Key risks were not identified;
    5. Key terms (such as rate of interest applicable) were not been explained;
    6. Loan Agreements and key terms were difficult to locate and often hidden away rather than simply being given to students to sign;
    7. This was often the first loan that students took out and they were not asked to take independent financial or legal advice or to shop around;
    8. Student loans are expensive when compared against other forms of lending such as bank loans and mortgages and increase in cost year on year.
    9. Student loans typically incur high interest while students are studying (often RPI plus a high margin).
    10. Loan agreements give the Student Loans Company the ability to change loan terms after the agreements have been entered into.

“Jamie has been excellent to work with, Jamie stepped in and made a series of challenging evidenced based arguments in my case using his expertise as to where there had been legal failings. Without Jamie, I don’t think I would be able to get my dispute resolved. “

– James, from Scotland

Sound familiar?

JCLM consider that many Student Loans can be challenged as unlawful:

Let's solve problems together.

How can JCLM help?

  1. If you have entered into a Student Loan with the Student Loans Company since 2012;
  2. Are still paying off student loans, or have paid them off in the last 6 years;
  3. Suspect you may have paid too much loan interest to the Student Loans company;
  4. Are unclear about how much loan interest you have paid to the Student Loan Company.

Please call or e-mail JCLM for a free initial consultation.

Many customers have been provided with student loans which are difficult to understand, contain unfair terms and are expensive. Do not delay: obtain the compensation you deserve.

Case Studies

Explore JCLM’s range of case studies and discover how our monthly legal services are supporting SMEs across sectors.

The current query has no posts. Please make sure you have published items matching your query.

About JCLM Solicitors

JCLM Solicitors cuts through the confusion and pretence of the legal sector. A champion of the underdog, we exist to provide reliable, straightforward and accessible legal services for SMEs and the individual.

We challenge the conventional wisdom of large, traditional legal firms to offer a service that’s on your side. We are not prepared to accept the status quo without enquiry, nor are we conflicted or in the hands of business partners/funders. We act only for our clients.

The relationships we form with our clients are built to last: we don’t switch off at 5pm, and you don’t need an appointment. JCLM Solicitors act as an extension of your business or personal interests, and you can rely on us to be determined, fearless and steadfast in our response to your legal requirements.


Make an enquiry

Get in touch with JCLM today and discover how our monthly legal services and support mechanisms can help you make a successful claim for mis-sold student loans. 

This data will only be used by JCLM Solicitors for processing your query and for no other purpose.

Extra Time

Legal updates and opinion and insight pieces, with a winning side of sport commentary and legal industry parallels.

JCLM Solicitors Men watching sport in bar with beer.

Sport for All

Start-up professional service firms often reflect the corporate background of their founders: arrogant, complacent and resistant to change. A different approach is needed when working with SME owners and individuals. Understanding their business and the sector they operate in-and their

Read More