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Author: anwyn Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 667  
Subject: US$ bank account for loan payments? Date: 5/28/2008 9:13 AM
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Hello all! I'm new here, but a longtime fool.co.uk poster. :)

Brief description:
American expat living in the UK 14 years. I no longer have any US address or accounts. I need to start payment on my US student loans, apprx $450/mo., with funds/checks drawn on a US bank. I would be surprised if I had any US credit rating anymore, and my UK one isn't bad but I just don't flag as good either. Sort of non-existent really (low income, self-employed, little debt, no mortgage/loans, not registered voter).

I'm looking for any and all advice for how I could make monthly US$ payments, what banks might take foreign address applicants? Being on low income I also need to minimize fees. (In fact I'm only able to make interest payments on the US loans right now.) I can't keep any balance in an account. I'm happy to do things as manually as necessary if it will reduce fees (ie. walk somewhere to get a US$ check and then snail mail it, or tranfer things online between half a dozen accounts!)

I so wish they would just take Paypal. :)

Any advice or leads on where to enquire? I am waiting for a call from Citibank for what that's worth.

thanks,
Tina.
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