Story spreads across Reddit and social platforms
2 Nov 2 5:07 AM · 11d ago · 1 post · 1 source · development 2 of 2
The CBC report was shared and discussed on Reddit and Mastodon shortly after publication, amplifying attention to TD's debt collection practices.
TD Bank Financial institution named in the reportUnnamed mother Mother of the deceased student borrowerCBC Go Public Investigative reporting unit
The whole story articlesposts the bright band is this development · numbered dots are the others · click one to jump
Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch
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1 outlet As she grieved her daughter's death, TD tried to make her pay $38K in student debt | CBC News
first by Mastodon, 10d ago
What people said 8 voices · best of 9 · verbatim
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Yeah and unfortunately I never got a chance to hold them accountable or find out who they actually were. RCMP immediately tried blaming it on a girlfriend, and tried talking me out of pursuing it, my dad 100% didn't have a GF, he was 72 and homebound, I saw him daily. I think it was a neighbour of his with a gambling addiction, the guy helped him…
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https://www. cbc.ca/news/gopublic/td-loan-i nsurance-posthumous-student-debt-9.7398458
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Mother consigned in the original. Bank did not notify her / had no record to prove that their was a notification of the conversion of the loan and life insurance ended after graduation. Bank did not follow process legally required and then lied. Not exactly a scam but still scummy and illegal. Glad this was reported for others in similar…
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There’s no dispute over whether or not she co-signed the loan. She was definitely on the hook for the loan. Read the article a little more closely. The only dispute is whether or not (and when) they were notified that the life insurance provision did not carry over when the loan converted.
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If you read the article you'll also understand what a wonderful investigative arm of CBC Go Public is and will be hesitant to back any politician talking about cutting funding to CBC. Great work from the investigative journalism team to find the gaps in communication from TD.
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They sent one to the daughter is their claim. That's the undated one, can choose to believe it or not. The unsent one was for the mother who as a cosigner should have also received a copy.
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Sounds like TD tried to pull a fast one on the grieving mother. Big banks at times act like legal scammers more than trustworthy institutions that they should be.
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Its a pretty major fuck up to not send the notice. An undated letter is meaningless. They created it after the fact.
All 2 developments of TD Bank pursued grieving mother for $38K of daughter's… →
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