AlistairL

With the possibility of moving to the US next year I have turned my attention to the debt I have in the UK. Nothing other than credit cards totalling no more than 10k.

My wifes new job will see us good financially but how do I go about paying off debt in the UK from the US?

Currently I pay the credit cards from my Bank of Scotland current account.

Would I just transfer money from the US into this account? Or is there another way around it?

Thanks.

avanutria

The easiest thing will just be to continue transferring money into your UK account from the US. That's what I did with my US student loans when I was in the UK.

AlistairL

Thanks.

So I can do this via my US bank account?

Do you know how much I will be charged for this?

fatbrit

xe.com

Bob

All depends on the bank.

Better off using a money exchange service though, as mentioned, XE.com will give you a better rate and you can work a 12 month contract rate with them if you'd rather not risk worrying about the rate changing a lot over the year.

dunroving

I used to pay my Barclaycard bill by sending a US check - at the time, the exchange rate was not bad at all, and there didn't appear to be any charge for converting $$ to ££, but I don't know if that would still be the situation. Could be worth calling your CC to ask.

pol1313

Do you have to declare that you have debt on your application or at interview stage for a K-3 or K-1 visa. I have a student loan debt and was wondering if that will effect my application

meauxna

No and no.

dunroving

After the last 20 posts, I think the OP has probably given up hope on getting any answers to his original question.

meauxna

I just pruned out the OT posts and sent them to the Trailer Park, and reinstated this thread to the USA forum, as many people have this question.

Sorry for the sidetrack!

callowman

I would stop paying them the month you move over- after all they will never find you here and dont forget the CC companies have been sticking it to you for years -get your own back :-)

Yes Im joking but a man can dream......
but seriously, would they find you ??

meauxna

Insufficient!


I didn't think I would have to spell it out. If you want to discuss not paying your debt, go to this lot: http://britishexpats.com/forum/showthread.php?t=682433

If you have a mature answer to give about how to accomplish the mechanics of paying a bill in the UK, while living in the US, post here.

thank you.

callowman

I Disagree !

AmerLisa

Yes

Jerseygirl

There has been people who have posted on BE previously who have left debts behind in the UK with no intention of paying them off. I remember one complaining about debt collectors knocking on his elderly parent's door demanding payment.