Sentences with phrase «for loan defaulters»

Not exact matches

The federal government has already taken a tough stance on defaulters in recent years, with debt collectors earning $ 1 billion in commissions for tracking down federal - student - loan defaulters in 2011, according to Bloomberg.

The proposed changes include requiring students to certify that they have not exceeded borrowing limits, coordinating the conditions under which a student - loan defaulter would be eligible for further aid, and requiring higher - education institutions to submit an audited and certified financial statement.

Eleven percent of all higher - education students are enrolled in for - profits, but they receive 26 percent of federal student loans and account for 43 percent of defaulters.

The government sponsored enterprise (GSE), which has been under government conservatorship since 2008, announced that strategic defaulters «who walk - away and had the capacity to pay or did not complete a workout alternative in good faith will be ineligible for a new Fannie Mae - backed mortgage loan for a period of seven years from the date of foreclosure.

In many cases defaulters go for years with unpaid loans without the government coming after them.

We have an option for people with credit also - Bad credit car title loans - are made for such people who don't have a good credit history or have their names on the defaulter's list of the banks.

For instance, it shows that while 19 percent of all students who took out a federal loan started at a private for - profit college, 38 percent of all defaulters began at that same type of institution — a difference of 18 percentage poinFor instance, it shows that while 19 percent of all students who took out a federal loan started at a private for - profit college, 38 percent of all defaulters began at that same type of institution — a difference of 18 percentage poinfor - profit college, 38 percent of all defaulters began at that same type of institution — a difference of 18 percentage points.

For instance, the median defaulter owed $ 9,625 — $ 8,500 less than the median loan balance for a nondefaultFor instance, the median defaulter owed $ 9,625 — $ 8,500 less than the median loan balance for a nondefaultfor a nondefaulter.

Our law firm is very successfully providing legal services for recovery of bad debts and loan by initiating civil and criminal proceeding against defaulters in very vigilant and aggressive manner.