Sentences with phrase «default on these payment systems»

Not exact matches

Please note that I'm NOT at all interested in finance technicalities (e.g. the story line about 3 separate payment systems that are hard to interconnect may be a technical excuse for why the default was possible / likely during prior month, but it has zero impact on legal situation).

Since the crash, a down - spiral is underway in the $ 2.8 trillion municipal - funding system, in which local governments don't have the revenue to meet bond payments, they can't get new financing, municipal bond rates are rising, and, to worsen it all, crazy credit default swap deals have been foisted on localities.

Many who are in the system actually qualify to be taken out; for instance, they defaulted on a student loan but are now in a payment plan.

And the system has smart categorization, so once you categorize a vendor / payment a certain way it'll default to that category in the future (which you have to keep an eye on because sometimes Walmart is a grocery expense, sometimes home maintenance, sometimes might be a rental expense, sometimes gift, etc).

A federal student loan enters default when a borrower fails to make a payment on it for 270 consecutive days.9 When this happens, the borrower's loan is transferred from the student loan servicer — a private contractor responsible for collecting payments on behalf of the federal government — to the Debt Management Collections System.10 Borrowers then have 60 days to come to a repayment arrangement with the Education Department.

The rating system indicates the likelihood that the issuer will default either on interest or capital payments.

The system Settings app for most Android phones feature a «Tap & pay» section — a part of Default apps selection on 8.0 Oreo devices and above — to configure the default payment service, as well as set other related oDefault apps selection on 8.0 Oreo devices and above — to configure the default payment service, as well as set other related odefault payment service, as well as set other related options.

• Assisted in developing and implemented systems to account for financial transactions • Maintained subsidiary accounts by ensuring that all entries are reconciled • Balanced general ledgers by preparing trail balances and reconciling entries • Filed financial documents using set recordkeeping rules, following confidentiality policies • Provided support in preparing financial reports by collecting, analyzing and summarizing accounting information • Followed - up on outstanding payments by calling or emailing defaulted account holders

While welcoming the renewed discussion on reducing imprisonment for fine default, Change The Record (CTR) Coalition co-chairs, Antoinette Braybrook and Shane Duffy said there were significant concerns with the use of the social security system to enforce fine payment by Aboriginal and Torres Strait Islander people, who may already be socioeconomically vulnerable.