Sentence examples for collect repayments from inspiring English sources

But for borrowers who move overseas, the Student Loans Company has to collect repayments directly from the borrower.

Once he or she is earning more than that, the employer will collect repayments of 9% of the amount exceeding £15,000.

(12) Determine the existence and amount of indebtedness and the method of collecting repayments from employees within their respective administrations and collect repayments accordingly, as provided by 5 U.S.C. 5514.

Payday lenders typically collect repayments using continuous payment authorities (CPAs), agreements which give the lender an indefinite mandate to take money from a borrower's credit or debit card and to alter the amount deducted.

The rules, to come into force in July, will limit the number of times a loan can be rolled over to two, and will also prevent lenders making serial attempts to collect repayments from borrowers' bank accounts.

Under the new regime, lenders will be banned from allowing borrowers to roll over loans more than twice, and have limits to how many times they can try to collect repayments from customers' bank accounts.

Mr. Kennedy has also begun to explore how student loan companies collect repayment.

The sale will allow the Student Loans Company to focus on supplying loans to current students and collecting repayments on newer loans".

The Office of Fair Trading believes payday lenders have been relying on a controversial way of collecting repayments to reduce the risk of lending, rather than paying for affordability checks on prospective borrowers.

The state, of which Hyderabad is the capital, severely restricted lending after politicians criticized SKS and other microlenders of being too aggressive in collecting repayments from impoverished families and driving some borrowers to suicide — a contention that lenders strongly deny.

In this capacity, Prosper collects repayments of loans and interest, contacts delinquent borrowers for repayment, and reports loan payments and delinquencies to credit reporting agencies.