Dwindling Resources and Smaller Portfolios Make 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.

Let’s talk about how Alltran can transform your organization.    Get more information >