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If Private Collectors Won't Be Handling Defaulted ED Loans in the Future, Who Will?

Last week in a joint announcement, First Data (NYSE: FDC) and Navient (Nasdaq: NAVI) announced they had reached a strategic agreement for First Data to become the primary provider of technology solutions for Navient’s federal and private education loans. As a part of the agreement, First Data will acquire Navient’s student loan technology platform. The deal is expected to close in the third quarter of this year.

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How much you can save with digital collections?

When it comes to collections, predictive dialers aren’t getting the job done. At $4-$7 per contact, they’re expensive and ineffective—not to mention that 93% of consumers prefer to be contacted through email and text. Click here to calculate just how much you’d save by switching to digital. 


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The One-to-One Appointments Forum

9 July 2018 at 01:00 p.m.

The One-to-One Appointments Forum provides participants with a distinct change of pace from the traditional conference environment. How? By putting formal 45-minute meetings between potential buyers and sellers at the center of the event. 

Event Details »


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