• Private student loans are an established form of consumer borrowing having provided college access to millions of students during the past decade. Future market potential remains strong as college costs and enrollment continue to increase.
• New channel to grow your member base and attract the Gen Y population.
• Opportunity to diversify a balance sheet that may be too heavily skewed towards other consumer loans (i.e. mortgages, autos and credit cards).
• Additional source of income — longer-term variable rate consumer asset.
• Build member loyalty and help prevent deposit and member flight by offering private student loans, an in demand product relied on by many consumers.

How Fynanz can Help

We put financial institutions in the private student lending business quickly and easily. You can start capitalizing on the rapidly growing private student loan industry today. Fynanz benefits include:

• Quick & Simple: A web-based web based application. Quick customization and implementation of your private student lending program. No software to purchase or install.
• End-to-End Solution: Integrated origination, underwriting, servicing and marketing. Get real-time analysis and cross-sell your members. Utilize Fynanz technology and expertise while making loans on your balance sheet.
• Superior Customer Service: Leverage the Fynanz platform to deliver a best-in-class origination, underwriting, and servicing program. Fynanz’s experienced, veteran staff delivers a professional experience for your members.
• Attract & Retain Gen Y Members: Many American families and students are increasingly turning to private student loans. Start offering a key product for retaining existing members and attracting new ones.
• Ongoing Compliance: Fynanz stays on top of all the legal requirements, such as FCRA, ECOA and the Higher Education Opportunity Act. We ensure that your program is always up-to-date.

Learn More: The Fynanz Student Lending Platform