
Custudentloans.org is a consumer facing portal connecting students in need of a private student loan with a network of credit unions. CUstudentloans is powered by Fynanz and is the industry's leading private student lending network.
By offering private student loans, credit unions gain access to the younger population demographic. Private student loans will also allow credit unions to increase loan revenues, grow membership and promote financial awareness and credit union awareness. Network applicants who are not credit union members at time of application are prompted to select and join a participating credit union during the application process.
Fynanz is the only company in the private student loan marketplace who provides this service with no financial barriers to entry. In addition, Fynanz absorbs all the marketing costs of the program, focusing on the Direct to consumer channel, existing credit union member channel and also development of the school/university channel.
Risk mitigation is provided to credit unions through a unique and proprietary underwriting system and also an optional participation program. Credit unions who wish to develop, price and underwrite their own custom program are also able to participate.
For more information on how to join the growing student loan participation network or start you own custom program, contact Jim Merrill, Senior VP of Sales, at jim.merrill@fynanz.com or 609-312-1770, or visit www.fynanz.com.