The Lifetime Value of the Student Loan Relationship
by CUAD Communications
12/7/2018

The business opportunity for credit unions extends far beyond the student loan itself—the longer-term relationship building opportunities are substantial. Would you like to learn more about the private student loan market?

To better understand and quantify those student loan opportunities, Cornerstone Advisors surveyed consumers who applied for and received a student loan sometime in the past 10 years. There is now a detailed report commissioned by Lendkey that is free and available to you. The report provides:

  • Surprising repayment and delinquency data
  • Consumer demand for private student loans
  • Products opened after borrowing student loans
  • Student loan lifetime value models
  • Testimonials from FIs currently active in student lending

You can download this FREE report today to learn about the incredible market opportunities for student lending as well as the appetite for cross-selling to these borrowers. LendKey can help get you started on your quest to form life-long relationships with your members.

LendKey is a CUNA Strategic Services Partner with customized solutions to help financial institutions improve lives with lending made simple while managing liquidity, reducing costs, and mitigating risk. The company revolutionized the entire lending process for institutions including demand generation, online decisioning, loan origination, customer service, compliance, and proprietary balance sheet management.

If you are interested in learning more about LendKey or any of our DLSC products or have questions, please contact George McDonald, CUAD’s Chief Officer of Strategic Services or Jenny Jackson, CUNA Strategic Services alliance manager.

 

 

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