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Changes to Interest Rate for Mortgage Style Loans

As from 1st September 2009 until 31st August 2010 the new interest rate to be applied to all loans currently being serviced by Thesis Servicing will be MINUS 0.4% (-0.4%).

This means that from 1 September 2009 until 31 August 2010 the balance outstanding on an account will REDUCE on a monthly basis, even if the account is DEFERRED and no repayments are due.

If you are currently making repayments but are earning below the eligible deferment threshold [SEE ”Changes to the Deferment Threshold” below] and would like to find out more information about deferring your repayments for 12 months AND still have your outstanding balance reduce, please call our Customer Service Officers on 0844 736 8426 quoting your loan reference number and someone will be happy to assist you.

Changes to Deferment Threshold

As from 1st September 2009 until 31st August 2010 the deferment earning threshold will increase from £25,936 to £27,050.

If you are not currently deferred but feel you are now eligible to defer your repayments for 12 months, please call our Customer Service Officers on 0844 736 8426 quoting your loan reference number and someone will be happy to assist you.

LINK Financial launches Thesis Servicing – a business dedicated to student loans

LINK Financial, one of Europe’s leading servicers of consumer receivables, has launched Thesis Servicing, a new brand dedicated to the administration of student loans. The creation of Thesis Servicing is a response to the ever growing demand for public- and private-sector higher education funding. Thesis Servicing is a purpose-built operation designed to act as a centre of expertise for a wide range of student loan servicing activities.

Thesis Servicing is committed to providing excellent service to our clients and customers, and the intention is to extend our offering to other European countries in due course.

Thesis Servicing to manage the administration of the FFHE portfolio of student loans

From October 2008, Thesis Servicing has been responsible for administering a portfolio of student loans sold by the UK Government in 1998 - as part of the first student loan debt sale to the private sector - and now owned by Finance For Higher Education (FFHE) Limited.

If you are interested in finding out more about this service, please click here