Delinquent accounts

Delinquent accounts
Fees not paid within 60 days of the initial due date are delinquent and will be billed and assessed finance charges each succeeding month until paid in full. Failure to make payments as agreed to will result in a denial of installment credit for future terms. The University may disclose defaulted installment payments along with other relevant information to collection agencies and/or credit bureaus. The debtor will be responsible to pay for all attorney's fees and collection costs associated with the collection of any amount not paid when due. The student's social security number may be used for identification purposes for any and all necessary and usual billing and collection efforts including disclosure to: Federal, state, or local agencies. Private parties such as relatives, present and former employers, and business and personal associates. Guarantee agencies. Educational and financial institutions. Credit bureaus, collection agencies, and agency contractors. Social security numbers are used in order to verify identity, determine program eligibility and benefits, permit servicing or collecting of the debt, enforce the conditions or terms of the debt, counsel in repayment efforts, investigate possible fraud, and to verify compliance with any relevant program regulation, and/or locate the student in the event the debt becomes delinquent.