Dwindling Resources and Smaller Portfolios Makes It Difficult to Maintain Low Default Rates
As the number of students in a cohort group decreases, each defaulted borrower has a greater impact on an institution’s cohort default rate. As resources decrease at colleges and universities, it’s a challenge to maintain low cohort default rates with fewer tools available on campus. Additional assistance is key to lower cohort default rates.
A Recovery Program Designed To Generate Intensive Activity
Alltran offers College and University clients a strategy to achieve maximum results and maintaining the desired Cohort rate. Our goal is to “cure” defaulted Cohort accounts.
Our partnership and program includes:
- Specialized Cohort Unit with experienced collectors
- Customized Reporting
- Focus on curing accounts
Our Approach Achieves Maximum Bottom Line Results
- Highly specialized training program which emphasizes Federal loan regulations
- Compliance framework designed around all applicable guidelines established by the Federal Trade Commission (FTC), and all consumer regulations mandated by the Consumer Financial Protection Bureau (CFPB).
- Intensive Recovery Activity that ensures maximum results for your institution.
Alltran is committed to building upon our long-standing community reputation in the Higher Education ARM industry with a recovery program specifically aligned with our client’s cohort cure rate goals while maintaining industry-leading compliance standards.
Higher Education news & events
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Enterprise Recovery Systems becomes Alltran
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New Name, New Logo, the Same Standard for Quality
Thursday, March 24, 2016 • 1pm - 2:30pm Central
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