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The Office of the Bursar conducts all its business directly with the student.
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Other advances on your salary can be approved if you have been underpaid and you might be unable to pay your bills if you have to wait until the following pay date.
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This makes it difficult for them to qualify for personal loans, even though they may be a perfect candidate in actuality.
If you are late for the agreed payment, a lender, again depending on your agreement, can add fees, send to a collections agency, report your late, partial, or none payment to a consumer reporting agency.
Be sure to also remember that as a business owner, you basically are the credit representative of your company.
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