Please upgrade your web browser now. Internet Explorer 6 is no longer supported. Learn Why
Setting up your OrbitRemit account is quick and easy...
New Zealander of the year Sir Paul Callaghan has come up with an interesting way to try and help with the relief effort in the wakeof the Christchurch Quake. We here at OrbitRemit are behind this proposal and have undertaken to make all student loan repayments free of charge. Read the full article below and visit our site for full details on how to make payments.
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 OrbitRemit we charge no transaction fee and offer rates superior to the banks. Please visit our site at https://www.orbitremit.com/uk/orbitremit-payment-options/send-money-to-new-zealand/tax-account-student-loan for more information.
Came across an interesting article published in New Zealand last week. It would appear that the government is becoming increasingly keen to try and actively re-coup some of the 11 Billion dollars currently outstanding as student loans. Whether we here at OrbitRemit agree or disagree with them targetting overseas borrowers is beside the point we are simply here to try and make it as easy and economical as possible to make payments to your loans from overseas. All new customers who make a pament towards their student loan through OrbitRemit will be able to do so for free until the end of October.
We realise how hard it is to make these payments and this is our way of trying to alleviate some of the headache and financial pain of doing so. Based on the article below it would appear that the tactic of simply ignoring the student loan is going to be fraught with more and more ramifications upon returning to New Zealand.
If after reading that you think you might want to make a payment towards your loan please visit our site for more information on how to make a free payment through OrbitRemit.
We are constantly looking to improve on things here at OrbitRemit and are keen to have as much interaction with our customers as possible. We have just reworked our blog so that we are able to keep you up to date with news. We would really appreciate any feedback on the blog and just our service in general. Look forward to hearing from you.
Last week Reserve bank governor Allan Bollard left the Reserve bank rate unchanged at 2.5%, unchanged now for the 7th time in a row.
The NZD dollar dipped slightly on this news although it was widely expected that this would be the outcome.
The pound to the New Zealand dollar traded last week at an average of 2.14844 reaching a high of: 2.17490 and a low of: 2.11840
It has been indicated that interest rates may increase by the middle of 2010. The GDP for New Zealand is expected to grow 3, 2% in 2010 and a possible 4, 2% next year.
A Key indicator to watch for Sterling this week will be the BOE minutes which will be published on the 17th.
Follow us on Twitter
Join us on Facebook