• Private student loans are one of the fastest growing forms of consumer borrowing, growing by more than 500% over the past 10 years with a huge potential for future growth.
• 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.
• By offering private student loans, a loan product in high demand, credit unions can build member loyalty and help prevent deposit and member flight.

How Fynanz can Help

We put credit unions 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 turn-key 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