Empower the Next Generation
Everyone is chasing younger consumers. An often-overlooked solution is private student loans. It’s a $130 billion market that grew 71% in the past decade, outpacing the rate of growth for auto loans, credit cards, and mortgages*. (*source: Student Borrower Protection Center, Federal Reserve Survey of Consumer Finances)
eBook:
Network Lending: A Better Way for Credit Unions to Optimize Liquidity Managment
Cross-Selling Opportunities to Maximize Lifetime Value
The rising cost of tuition makes it increasingly necessary for students to take out private student loans to finance their education. When 1/5 of people stay with the financial institution, they opened their first account with (an average of 14 years), you can’t afford not to appeal to this demographic. And if you don’t help them, someone else will.
(*source: The Lifetime Value of a Student Loan Relationship)
66%
40%
+$650k
The Lifetime Value of a Student Loan Relationship
Flexible Liquidity Options
Benefits of Private Student Loans
BOOST RETURNS
Put your capital to work as you diversify, manage, and optimize your loan programs. Obtain portfolio liquidity through our networks.
REDUCE RISK
Our dedicated compliance team protects you from the point of origination through disbursement, servicing, and repayment.
ENHANCE YOUR LENDING
From swift online decisioning to seamless loan origination and servicing, we equip you with the tools for efficient and effective student lending.
ATTRACT THE NEXT GENERATION
How LendKey Delivers Success
DEMAND GENERATION
Leverage your brand and take advantage of our digital marketing tools to drive highly qualified leads and increase your loan volume.
LOAN ORIGINATION
LIQUIDITY MANAGEMENT
Lend the way you want. Buy loan participations, retain loans on the balance sheet, or choose to sell whole or fractional loans in real time.
ONLINE DECISIONING
Quick digital application process and instant online decisioning.
FULL LOAN SERVICING
We service your loan portfolio with invoicing, payment processing and remittance, and ongoing reporting.
BALANCE SHEET MANAGEMENT
Visualize the impact of a loan trading decision on your balance sheet, net interest income, and risk profile.
EXPERT TEAM
Industry veterans, dedicated to taking care of your audiences and serving as a true steward of your brand.
A Trusted Partner
Knowledge Hub
Blog
September 3, 2024
Top 5 Ways Navy Federal’s Auto Lending is Winning with Members
Podcast
September 23, 2024
Auto market turbulence: Trends, risks, and the path forward
In the News
May 6, 2024
10 Best Student Debt Solutions for 2024
Partner with Us
Contact our expert team today to explore partnership opportunities and drive your success.