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Debt Consolidation Forums Getting a loan or mortgage and avoid foreclosure

What happens if I don't pay my loan and move overseas?



Sub: What happens if I don't pay my loan and move overseas?
Tue, 28/04/2009 04:45

I have an outstanding debt for $8500 on a personal loan I got when I was living in New Zealand. I have returned to my home country of Australia & as a full time student I am finding it difficult to repay this loan due to international transfer fees. Banks will not help me to refinance this loan as I am a student and the loan is international. Debt mediators and similar debt relief agencies cannot help me either as it is an international loan. I am seriously considering not paying off the loan as I will never return to NZ. Can the banks trace me in Australia and will this affect my credit rating here?



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Sub: #1 You probably want to find a board that deals with loans down undTue, 04/28/2009 - 04:45



You probably want to find a board that deals with loans down under. I dont know how tied together the two countries are or at least their banking systems.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com...imitation.html


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