NEW YORK – Fynanz and its cuStudentLoans program said it has signed with Overture Technologies to promote a private student loan consolidation and refinancing product for college graduates with private student loan debt.
The program, which allows graduates of more than 2,000 universities nationwide to refinance and consolidate their private student loan debt, is an extension to the Student Loan Marketplace’s existing private student loan service. The loan, known as the EdSucceed Private Student Loan Consolidation, will be issued by credit union lending partners within the cuStudentLoans program.
“Given the federal government’s recent commitment to keep interest rates at historically low levels, now is an opportune time for graduates carrying private student loan debt to seek out refinancing options,” said Alice Stevens, chief operating officer for First Financial CU and chairman of cuStudentLoans, which serves more than 150 credit unions. “cuStudentLoans is proud to partner with a company such as Overture Technologies in building awareness of a financial product that positively impacts the lives of so many graduates.”
Overture Technologies has aligned itself with marketing partners in 13 states across the country, including the associations of private colleges and universities in six states, to bring its services to their students. The company said these organizations are working with Overture in helping to increase awareness among graduates of independent colleges and universities who are burdened with high-interest private student loan debt.
