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Anorak | The Government’s Smith Lawson and Company Student Loan Scam: Who’s Wonga Now?

The Government’s Smith Lawson and Company Student Loan Scam: Who’s Wonga Now?

by | 30th, June 2014

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YOU’LL recall that Wonga just got into very hot water over sending threatening letters to people who had not repaid their loans. The problem was that they made the letters look like they came from solicitors of debt collectors: but they were in fact just run off on the company’s own printers using a few names cobbled together.

They didn’t actually say they were from solicitors: it just looked very like it. So, Wonga’s had to pay a couple of million in fines and agree that they’ve been very naughty. The problem is we now find out that the government itself has been doing exactly the same thing :

Warnings sent by ‘Smith Lawson and Company’ to graduates for the last nine years carry a banner in red stating ‘Do Not Ignore This Letter’, with a demand for payment within seven days and a threat of legal action.

They gave the impression of a separate company with the line: ‘We are instructed by our client, in connection with the sum outstanding shown above.’

But the supposed firm does not exist and is little

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Posted: 30th, June 2014 | In: Money Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink