Press
Lending giants U.S. Bank and JPMorgan Chase recently announced they had eliminated and reduced their private student lending programs, respectively. JPMorgan Chase will only make private student loans for existing customers.
New York, NY – April 29th, 2012 – Meanwhile, credit unions are demonstrating a strong commitment to helping students finance their education through private student loans, said New York City-based student lending vendor Fynanz, which provides credit unions with customized student lending programs and the cuStudentLoans private student loan marketplace. Fynanz, a CUNA Strategic Services alliance provider, has gained about 75 new credit union partners in the past year, bringing its total credit union partner number to more than 180.
cuStudentLoans’ Private Student Loan Program Committed to Financing Higher-Education
New York, NY – April 17th, 2012 – Credit unions nationwide remain committed to assisting students and families with higher-education financing through private student loans, while traditional banks have recently been reducing their footprint in student lending. More than 180 credit unions are providing private student loans through Fynanz, a CUNA Strategic Services alliance provider, which provides student loan marketing, education, origination, and repayment solutions for lenders.
