Tuesday, December 18, 2007

My student loan is officially paid off

Originally scheduled to be complete in December of 2011, my student loan has officially sucked its last payment out of my bank account. With a final withdrawal of $27.36, I can kiss it goodbye forever. Hah!

I’m supposed to receive a Notice of Balance Paid in Full in about 10 days. I may frame it and hang it on the wall next to the degree it paid for. Tacky? Perhaps. Satisfying? You betcha.

A note to Chickie at Scotiabank: I called Christine at the National Student Loan Service Centre (NSLSC) yesterday. After giving her my account number and enough info to prove I was me, she graciously answered all of my questions about how to close out my loan, rather than acting as though she was doing me a favour by deigning to speak to me. She then gave me the option of waiting until the scheduled payment date of December 31st, or having her withdraw it immediately. Despite my not having a chequing account with them, she was still able to access my funds through a little technology some people call the Internet. Lo and behold, this morning my bank account was minus the exact amount she told me it would be, and when I checked the NSLSC website (which I can access all by myself), my account read a gratifying ‘Balance remaining = $0”. No need to wait for them to get around to acknowledging my payment. Christine also did not hang up on me, nor did she say anything rude. In fact, she congratulated me on paying off my loan, and wished me all the best in my future endeavours. You might consider learning a thing or two from Christine, but I have a feeling she’d have nothing to do with you.

Oh yeah. That was satisfying too. Though I should probably do something about this bitchy streak I seem to have before becoming a mother...

6 comments:

RacerX said...

Yeah!

Congratulations. That is a big life step being free from those loans.

Just don't spend the money now! Apply it to the next debt.

Great Job!

FourPillars said...

Congrats - it must feel good.

Mike

guinness416 said...

Woot!

Wooly Woman said...

What a great Christmas present to yourself!

hank@myinvestingblog.com said...

Isn't it a great feeling? Congrats - just stumbled your site - will be back...

Fecundity said...

Thanks everyone. It does feel good.

Now there's just Hubby's big student loan to go. And finishing building the emergency fund, and catching up on the RRSPs, and building an RESP for junior, and paying off the mortgage...

Huh. Let's just stick to 'Yay! I finished my student loan!'