Sentences with phrase «collects payments»

Your payment plan is administered by the Chapter 13 trustee for your region, who collects payments from you and distributes money to your creditors.

The securitization of mortgage loans, which was supposed to be a great innovation in lending, separated the entity servicing the loan — usually a bank that collects payments, chases delinquents and files foreclosures — from the loan's owners, who are far - flung and faceless investors.

The lender collects the payments and holds them in escrow until the taxes are due to be paid.

The pass - through issuer or servicer collects the payments on the loans in the pool and «passes through» the principal and interest to the security holders on a pro rata basis.

The dealer typically sells the contract to a bank, finance company or credit union that services the account and collects your payments.

Once your mortgage loan has been sold to an investor, it will be turned over to a mortgage loan servicing company that collects your payments and takes care of paying property taxes, insurance, and general administrative functions.

Loan Servicer: Your Loan Servicer is the company that collects payments from borrowers.

If the form is approved, the Education Department transfers the borrower's loans to FedLoan, which collects payments and tracks the borrower's progress toward the 120 qualifying monthly payments they must make before the remaining balances will be forgiven.

A company that collects payments on a loan, responds to customer service inquiries, and performs other administrative tasks associated with maintaining a loan on behalf of a lender.

There is a chance that Chase backs your loan, but what's more likely is that Chase is just your mortgage servicer; the bank that collects your payments each month.

It's possible that your mortgage is backed by Wells Fargo, but the more likely answer is that Wells Fargo is just your mortgage servicer; the bank that collects your payments.

Servicer A servicer is a business that collects payments on a loan and performs other administrative tasks associated with maintaining a loan portfolio.

The entity that owns your mortgage is not the same as the mortgage servicing company that collects payments, pays your property taxes and insurance, and assists with any business related to your home loan.

Half of the loan balances Navient collects payments on for the federal government are enrolled in income - driven repayment plans, and the company says claims «that we do not educate borrowers about IDR plans ignore the facts.»

Sometimes they wait weeks or months; sometimes they are unable to collect payments at all.

The field partner would administer the loan, collect payments, et cetera.

Eventually, non-filers who owe taxes will be subject to additional penalties, notes Intuit, and in some cases even criminal prosecution: «Delinquent taxpayers who owe more than $ 25,000 will eventually receive a visit from an IRS representative to collect payment.»

It began by helping web companies such as Facebook collect payments and then moved into mobile as firms such as Uber were on the rise.

It began by helping web companies such as Facebook collect payments and then moved into mobile; it released software that ran on point - of - sale terminals to help bricks - and - mortar stores.

Luke joins the Rebel's squadron, while Han collects his payment for the transport and intends to leave, despite Luke's request that he should stay and help.

A cross-border e-payment solution from Alibaba - affiliated Alipay allows businesses to collect payment in yuan while receiving funds in U.S. dollars in their U.S. corporate bank accounts.

If the customer fails to fulfill the invoice, the factor has the right to collect payment from the business owner.

Merchant cash advances are a good option for small business owners that collect payments through cash, checks or credit cards (as opposed to invoices), have a high volume of sales, need funding quickly or may not qualify for a traditional bank loan.

Businesses trying to collect payments from cross-border clients often find it cumbersome to negotiate a bank transfer.

The factor will then pay you the balance of the invoice, minus fees, after it collects payment from your customer.

Your loan holder may be collecting payments on your defaulted loan through wage garnishment or Treasury offset (taking all or part of your tax refunds or other government payments).

A debt collector trying to collect payments on a private student loan generally may not:

Instead of a card reader, merchants use an online gateway to collect the payment from their customer.

However, if you borrowed a private loan, a private entity such as a bank may be collecting your payments.

Counties collect payments on the financing as part of a home - owner's property taxes.

Mortgage banks and originators are make their money by either keeping and servicing your mortgage themselves or selling the right to collect your payments to investors or other institutions.

If you give us credit card information, we use it solely to check your financial qualifications and collect payment from you.

A key to ensuring adequate cash flow is timely invoicing and collecting payments.

At this point, the loan servicer springs into action to collect payment.

Rather than trying to collect payments after the fact, this makes it possible for payment to be handled immediately.

But government regulators, lawmakers and consumer advocates have voiced a host of concerns about the practices of companies that collect payments on student loans on behalf of the federal government and private lenders.

While loan servicers that collect payments on more than $ 1 trillion in student loan debt seem to be getting their collective act together, government regulators continue to keep a sharp eye out for «unfair, deceptive, or abusive acts or practices.»

They track visits to the Premier shop and provide key functionality for processing shop orders and collecting payments.

I was to then return to the grocery store where I would collect my payment from dad.

We collect payment on the date that you fly, and if the adventure is canceled due to inclement weather there is never a charge.

Essential Functions: • Coordinate details of winery events such as winemaker dinners, private dinners, corporate events, and employee appreciation events • Market and sell winery weddings • Manage correspondence with wedding clients and other event attendees • Calculate budgets and execute other financial documents • Schedule vendors, musicians, caterers and other talent for winery events • Coordinate and monitor event timelines and work orders • Develop marketing plans to maximize exposure for the winery events and weddings • Act as a host to guests arriving to the vineyard directing them to a tasting bar or table • Collect payments and record data pertaining to income and expenses • Work with management in order to handle complaints and dissatisfied customers • Assist office with administrative tasks: phone calls, emails, etc. • Ensure the facility is properly maintained and organize clean - up and repairs • Hire and supervise part time event staff • Act as a concierge for guests, providing recommendations on hotels, restaurants, wineries, breweries, and other activities in the area • Other assignments as needed

Coles provided category managers with training, manuals and scripts — including threats to delete suppliers who refused to pay up — and awarded prizes to category managers who collected payments.

When he was a 12 - year - old route boy for Collier's and Women's Home Companion magazines, his younger sister, Mary Lou, had to knock on doors to collect payment because he was too timid.

You can leave it turned off and collect payments offline by any means available to you.

Details will only be passed to organisations (such as the bank and the post office) where necessary for us to collect payment or to arrange delivery of your goods (see the section on security).

As interest in collecting payments in lieu of taxes — also known as PILOTs — from charitable non-profits is likely to increase, a new...

The role of the CSA is to assess the appropriate amount of child maintenance in any given case, to collect payments, and to enforce payment.

He also says that anyone who has a record of their bet, like people who had to go to the IRS window to cash a bet and pay taxes on winnings, will be able to collect payments they lost.

In a memorandum filed with the court this week, Nassau said it is within its rights to collect payment, adding that North Hempstead has benefited from its residents attending FIT and is shirking responsibility.

Green, 30, was responsible for processing payroll, calculating employee benefits and collecting payments to the town.