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Default Management
1ST Student Financial
671 E. Delgado Drive
Palatine, Illinois 60074
Contact: Mr. Dan Whitaker, VP National Accounts
Phone: 847-963-8161
Fax: 847-574-7601
dwhitaker@1student.org
www.1student.org
1st Student Financial is a not-for-profit
student lender offering Federal Stafford, PLUS, Consolidation and
a variety of private (alternative) loans. Our mission is to educate
students about financial matters and assure their future financial
fitness. Our vision is to reduce student loan defaults to less than
1%.
Collegiate Funding Services, LLC
100 Riverside Parkway
Fredericksburg, VA 22406
Contact: Mr. Frank C. Hollister, IV, V.P. & Managing Director
Phone: 800.762.6441 ext. 5292
Campus Answer Line: 866.922.9965
Fax: 540.374.2384
fhollister@cfsloans.com
www.cfsloans.com
Collegiate Funding Services, LLC (CFS) is a
leading nationwide provider of products and services that address
a full-range of education finance and debt management needs. CFS
has helped over a quarter million customers finance and customize
student loan repayment plans that suit their budget and financial
goals. CFS offers Stafford, PLUS, Private Education, Federal and
Private Consolidation loan programs as well as collegexitsm online,
entrance and exit counseling services.
Default Prevention.com
P.O. Box 50682
Henderson, Nevada 89016
Contact: Mr. Matt Klabacka, President
Phone: 702-434-4085
Fax: 702-433-5441
mattk@defaultprevention.com
www.defaultprevention.com
Web based, full service default prevention
company. Providing on-line default prevention service, support,
software, and data conversion. On-line access and interface for
all your default prevention needs.
EDFUND
13681 Newport Ave #8 PMB 275
Tustin, California 92780
Contact: Ventrice Shanklin, Director Corporate Clients
Phone: 877-261-2387
Fax: 714-505-2682
vshankli@edfund.org
"Edfund, a nonprofit public benefit corporation,
is the nation's second largest provider of student loan guarantee
services under the Federal Family Education Loan Program. Operating
as an auxiliary corporation of the California Student Aid Commission,
EDFUND offers students a wide range of financial aid and debt management
information, while supporting schools with advanced loan processing
solutions and default prevention techniques."
Hands On, Inc.
2901 North 78th Street, Suite 200
Scottsdale, Arizona 85251
Contact: Ms. Mary Lyn Hammer
Phone: 480-947-7374 or 800-761-7376
Fax: 480-216-1960
marylynh@handsonmgmt.com
Hands On provides a fully integrated default
prevention program that combines free in-school software and complete
loan servicing using common databases to eliminate excess staffing
and paper trails. Hands On exercises early intervention by verifying
payments with servicers throughout each loan's cycle.
Post-secondary Education Assistance Corp.
500 Century Park South
Suite 200
Birmingham, Alabama 35226
Contact: Mr. John Jones, President
Phone: 205-930-4930
Fax: 205-930-4905
johnjones@peaccorp.com
www.peaccorp.com
PEAC's various divisions provide a combination
of services designed to meet the compliance needs of any higher
educational institution, using the latest in technology and an in-depth
knowledge of federal laws and regulations to improve institutional
operations and effectiveness.
Wright International Student Services
6405 Metcalf
Shawnee Mission, Kansas 66202
Contact: Mr. John Beal, President
Phone: 800-257-4757
Fax: 913-677-0977
"Wright International Student Services
(WISS) is the industry leader in default management services. Over
265 institutions both private and public, utilize WISS for their
default reduction needs. The average default rate of WISS' client
schools is 6.23%. At least 30 of WISS client schools enjoy a 0%
default rate. Prior to obtaining the WISS Default Reduction Plan,
the average rate of these schools was above 24%.
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