Sentences with phrase «payments on behalf of the federal government»

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.

You must pay a convenience fee — usually 2.49 percent of the tax amount paid — by either Official Payments Corp. or Link2Gov, the two third - party processors who are authorized to collect tax payments on behalf of the federal government.

Not exact matches

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.

The reforms to MSP reporting requirements under the MMSEA demonstrate that the federal government is now committed to more aggressively pursuing reimbursement for payments made on behalf of Medicare beneficiaries in liability cases.