Posts Tagged ‘Student Loan’

Be wary New Zealand student Loan holders

Friday, September 3rd, 2010

Came across an interesting article published in 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 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 is going to be fraught with more and more ramifications upon returning to .

http://nz.news.yahoo.com/a/-/top-stories/7835107/debt-collectors-possible-for-overseas-student-loans-debts

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.

https://www.orbitremit.com/global/orbitremit-payment-options/send-money-to-new-zealand/tax-account-student-loan

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Chip away at your New Zealand student loan with OrbitRemit!

Sunday, September 6th, 2009

Chip away at your New Zealand student loan with OrbitRemit!

Unlike swine flu or a European suntan, a is something that won’t go away after a week or so. We know that for many of you out there the thought of commencing repayments on your loan seems like a mountain too high to climb. The harsh reality is that the longer you leave it to start making payments the higher that mountain gets.

It is hard to believe, but the highest rate of interest that can accrue against your loan, if your obligatory payments are not met, is 19.65% per annum, that’s even worse than the rates offered on most credit cards. In consideration of this it really is worth biting the bullet and starting to chip away at that loan.

(more…)

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Chip away at your New Zealand student loan with OrbitRemit

Sunday, September 6th, 2009

Chip away at your New Zealand student loan with OrbitRemit!

Unlike swine flu or an Australian suntan, a is something that won’t go away after a week or so. We know that for many of you out there the thought of commencing repayments on your loan seems like a mountain too high to climb. The harsh reality is that the longer you leave it to start making payments the higher that mountain gets.

It is hard to believe, but the highest rate of interest that can accrue against your loan, if your obligatory payments are not met, is 19.65% per annum, that’s even worse than the rates offered on most credit cards. In consideration of this it really is worth biting the bullet and starting to chip away at that loan. (more…)

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