Skimmers

Empower people to take your money and take they will.

The controversial company in charge of collecting student loan repayments for the Government has taken tens of millions of pounds extra from unwitting graduates. Tens of thousands of people have been advised to apply for refunds from the Student Loans Company (SLC) after it emerged that the firm had collected an additional £36.5m from them in 2010-11 alone.

More than 63,000 former students carried on repaying from their salary, often for months, after they had paid off loans taken out to fund university education. The average amount overpaid was £577, although several graduates claim they paid out several thousand pounds more than they owed.