Sentence examples for collect loans from inspiring English sources
And on Thursday, the United States Court of Appeals for the Second Circuit, based in Manhattan, ruled that a debt collection agency working to collect loans backed by the Education Department misled borrowers by telling them their debt was not dischargeable in bankruptcy.
These would collect loans from dud borrowers, and even attempt to restructure some.
His firm has done research on the problems posed to investors by firms that collect loans during a period of steep asset price declines.
Firms have already been forced to introduce new affordability checks and make changes to how they collect loans, and this has resulted in some borrowers being turned away.
"If you are to collect loans but not use public funds to incur losses, you are not going to be effective," said James Fiorillo, a banking analyst at ING Barings Securities in Tokyo.
And last week's failure of the First National Bank and Trust Company of Oklahoma City, the second-largest bank failure ever in the United States, has renewed the focus on United States financial institutions, which are perceived as under pressure from their inability to collect loans from heavily indebted developing countries, by central bankers and government leaders.
Both Provident Financial and IPF collect loan payments from borrowers' homes each week, giving them instant information if a customer is struggling.
Lula's government is also trying to persuade Congress to approve a bill to stiffen the bankruptcy law to make it easier for lenders to collect loan guarantees.
For instance, our field officers, who work directly with farmers to offer trainings and collect loan repayment, used to work with less than 50 farmers each.
ORIX is paid to collect loan payments and also has a position in the riskiest slice of the mortgage-backed offering, which means that it takes the first hit if any loans sour.
The agency is being criticized for handing out millions of dollars without proper controls or even standards for evaluating whether grants and loans did any good, and then making inadequate efforts to collect loan payments.
