Hi

I have/will have approx £18,000 worth of student debt does anyone know if I have to clear this before immigrating to Oz? Or can I still pay it out of my aussie wages each week like I do here?

Or even better does it get wiped while I’m out of the country (ok I know this one is wishful thinking but worth a try lol)

Thanks

roflmfao! err, no. in fact they may consider asking you to pay the entire lot back if they know you are emigrating!
to be honest, what we did when we moved from the UK to the Netherlands with student debts was to still keep an English bank account and get them to direct debit each month from there, and we just transferred some money across every few months to keep the account in credit.
at the time we couldnt get it taken out of our salaries, but I would be surprised if you could do this if you move countries.

stop paying when you move here and after about a year contact them. They will be very happy to settle with you for as low as 50% of the balance (and no accrued interest).
As for your uk credit, it will be buggered but unless you really think you might return to live, go ahead and burn the bridge

got to ask now ive seen this post hope no one minds we have a loan that we had hoped to pay back doing the direct debit thing and keep open the bank account in uk, i must be to honest !
dont know if it helps but we know family who moved to nz with debts and it wasnt a problem at all.
mmmmm imagine getting all your debt wiped out how lovely!

Not likely but my mate works for a debt recovery company in canada and he told me that for "skippers" that they havent been able to trace for a year or more they would "make a deal" with them if they were willing to pay 50%.
I suppose it would be costly to sue and 50% is better than 0%

I am to honest we have already contacted the loan company re repayments was just having a moment of bliss there imagining it we are thankfully near the end of it at the rate we are going about this move it will be well paid off by then lol

What you all have to remember if you leave the UK and dont pay your debts they will still be there in 5 or 6 years time so if things do not work out for you in oz you will come back to them plus interest and a bad credit history,not that i am saying any of you are doing that just want you to know what will happen But sa to the original question you should be able to pay you student loan for from australia.It is very rare that they will ask you about your financial history from the uk that is why it can be very hard to get any kind of credit in oz when you first move here.

Hi AP I know alot of ppl dont think it will catch up with them either we only have a small loan and are in a lucky position to be free of it soon, thankfully learned our lesson after that dont even own a store card now like to pay with cash or not at all (boring but true) i def want to be able to come back to the uk scotland will always be my home just taking a break from it for awhile.

Have to say have spent some time in scotland and it is a lovely part of the world

Its very beautiful yes I love Scotland and proud to be scottish we just fancy a change an adventure and we know we can always come back if things dont work for us, where did you stay in scotland? are you in oz now?

Yes i am in Australia now Perth well Rockingham about 45km out side Perth i was born in Sydney but most my family live in the UK now and my wife is English.But we are moving back to the UK on Wednesday but not to sure if we will stay in the UK or come back in 2 or 3 years We used to stay in fortWilliam when we went to Scotland love the loch's and and the mountains in Scotland plus the people will be going back there for a visit next year can't wait P.S it is refreshing to see some-one on here with you outlook on life you seem to know what you want and are going for it, thae fact that as you say you love scotland but you know from the out start that you are just going to oz for a break but you will return to scotland,how long are you going to oz for.

at the start of this post it should have read got to answer now i have seen this post to much
what i should also have made clear in this post is the family who moved to NZ continued paying their debt via direct debit all is well if you keep your accounts open in the uk. just wanted to explain re read it and sounds like i am saying leave without paying your debts! which i am not, it is of course everyones choice to do what they want but i want to be able to return to the uk without any added stresses. cheers xx

I am honestly not sure of much at the moment not sure if we should stay within the EU or go to OZ going to fill in TRA take it from there all we know is we are not happy where we are right now and would like to do something else with our lives, it will work or not and it will be a great time to remember we are young dont own property etc and thought lets do this we have plenty of time to put down roots, we are in a way hoping things will be better such as weather and live a more outdoors life it is very brrrrrrrr cold here but apart from that we have no huge expectations so dont think we can be disappionted, we dont have family really so homesickness not a prob for us, also we made a move 4 years ago to a place we knew no one its hard where ever you go but i dont believe things land in your lap you need to make it work ok im getting to deep now lol ! I am a blether

Student loans people aren't bad if you let them know, anyway, if your not earning whatever the amount is these days, I think it's £15K, then you don't need to pay it back, and then your only paying a % over that amount, you could just when your earning enough transfer enough to pay off an annual amount to save on bank transfer fee's...and it's good to tell your LEA about it as they are quite good in keeping the SLC up to date on what your up to and where abouts you are.

Having lived in Australia and the UK one thing i would live to do as like yourself we have no kids or property i would love to travel around Europe of couple of years and we may just do that.