Sentences with phrase «loan defaulter»

A "loan defaulter" is a person who failed to repay their loan as agreed with the lender. They have not fulfilled their obligation to return the borrowed money, leading to a breach of their loan contract. Full definition
A debt collecting company buys up student loans and uses big data to ensure fewer loan defaulters by targeting individuals with job adverts posted to their social media pages.
A collections officer collects outstanding payments from loan defaulters and others in accordance with laws and regulations.
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.
u An effort to collect from student - loan defaulters by withholding their tax refunds has returned millions of dollars to the Treasury, according to Education Department officials.
A crackdown on student - loan defaulters would help pay for up to 20 weeks of extended unemployment benefits, under a proposal moving through the Congress last week.
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.
In a situation where you have found a very promising piece of real estate property but the owner (loan defaulter) is in denial of his current situation, creative financing is your last resort.
Student Loan Defaulters Have Hope GOOD NEWS FOR STUDENT LOAN DEFAULTERS!Recent changes to federal student loan regulations bring new hopes and opportunities for borrowers who have defaulted on their loans from the government.With the... [Read more...] about Student Loan Defaulters Have Hope
Congress should pass a law barring the government from garnishing the Social Security checks of elderly student - loan defaulters.
The government is going after more student loan defaulters and suing to recover the money.
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