Clause 3
Sale of Student Loans Bill
4:45 pm
Angela Watkinson (Whip, Whips; Upminster, Conservative)
The Bill provides for transfer arrangements to be made without the knowledge or consent of borrowers. That is standard practice in these matters. Does my hon. Friend feel that something should be included in the Bill that provides a duty to inform borrowers about the new company to which they are indebted? Although they deal directly with the Student Loans Company, borrowers should still have information on the company that is holding their debt if it is different from the original company.