Archive for the ‘Student Loan payments’ Category

OrbitRemit helping you to save money this Christmas

Wednesday, December 15th, 2010

The lead up to Christmas can be a very expensive time and like everyone else we like to make savings where we can.  We have had a lot of very positive feedback from customers of late in regard to the service that we are now offering to help people make payments to New Zealand for outstanding tax bills and .

We are currently offering theses services free of charge in a bid to help making those payments a little less difficult.  Our customers cannot believe the savings they can make using our service as opposed to the or high street money transfer companies.  We have had numerous calls and emails from students abroad thanking us for making the process so simple and effective compared to the tradtional channels they have been using.

If making a tax payment, or student loan payment is one of the things on your long to-do list before Christmas please visit our and see how you can make some significant savings.  For full information visit http://www.orbitremit.com/global/orbitremit-payment-options/send-money-to-new-zealand/tax-account-student-loan and then select the country you are in.

For all those of you have used us and sent us positive feedback we tahnk you and look forward to continuing to exceed your expectations.

The team at .

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Interested in saving money on your student loan repayments?

Wednesday, December 8th, 2010

We recently spoke with a customer who was wishing to make a significant payment towards their New Zealand student loan from Australia.  The individual in question was shocked at the amount they had previously been charged by their bank and could not believe the sort of savings we could offer towards their payment.  To give you an idea of the charges levied by the bank and the savings offered by see the example below;

Fees;

With bank: Customer sent  NZD$7,000 through a credit card payment.  Customer was charged AUD$161.87 by Commonwealth Bank as a currency conversion fee.

With : will provide your student loan payment for zero fees.  The amount you see on our to pay in AUD$ is the amount you pay and the amount received by IRD in NZD$ is the amount you see.  The process is completely transparent and without fees.

Exchange Rates;

With bank: Based on the day the customer transferred the money she would have needed to pay AUD $5,701.72 to receive NZD$7,000 with Commonwealth Bank.

With : To receive the same NZD$7,000 with the customer only needed to send AUD $5,588.82

If you consider the saving from the fees of AUD $161.87 plus the savings on the exchange rate offered of AUD $112.90 then the total that this customer was able to save using to make this payment was AUD$274.77.  If you consider this as a it is just under four percent of the total sent.

Here at we dont think it is fair that hardworking people trying to make payments towards there loans should be charged such high fees and given such low exchange rates.  We are committed to working with the Inland Revenue Department in providing the most effective way to make payments towards New Zealand .

For more information please visit our at www.orbitremit.com and select the country you are in.

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Student loans and overseas borrowers in the news again

Thursday, September 16th, 2010

It seems that student loan debt and overseas borrowers in particular are really in the sights of the government at the moment;

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10670936

We remind you again that if you need to make a re-payment towards your outstanding New Zealand student loan debt we can help you to make the payment free of charge.  Here at we charge no transaction fee and offer rates superior to the . Please visit our at https://www.orbitremit.com/uk/orbitremit-payment-options/send-money-to-new-zealand/tax-account-student-loan for more information.

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