You're right - just figured (my incorrect assumption) that you might be able to pay a year's worth of instalments in advance.
Ignore everything I've said or might say today.
You're right - just figured (my incorrect assumption) that you might be able to pay a year's worth of instalments in advance.
Ignore everything I've said or might say today.
No exchange rate risks at all if he pays it all off. He's getting paid in Hong Kong dollars and pays in Hong Kong dollars. If anything, he's exposed to exchange risks right now. An appreciating GBP would decrease his disposable monthly income.Original Post Deleted
I've found Clearfx to be much easier/faster/cheaper than using banks..
So what is it now, appreciating or depreciating GBP? Make up your mind.Original Post Deleted
What you're talking about now is speculation though. Currency risk from loans usually refers to if the loan is in a different currency from your principal payment source.
I think it is easier to just use a international transfer company. I hear WorldFirst are good? Anyway if big Corb gets elected then hopefully UK student debt will be wiped clean! Oioiiiiii!