As a valuable adviser to the student loan provider known as Fynanz, Brad Powers contributes to the successful funding of higher education for students who, without such a student loan, would perhaps not be able to pursue their dreams of getting the best education available. Fynanz was selected by CUNA as their exclusive Strategic Alliance partner for private student loans.
The idea driving Fynanz is to allow credit unions to become part of the private student loan marketplace. The technology at Fynanz and its unique integration process gives credit unions nationwide the ability to launch a customized and sophisticated private student loan program.
Fynanz offers credit unions the following types of support:
• A customized, branded website, which is powered by Fynanz, gives credit unions the ability to offer their student customers an easy and smooth application process along with a convenient way to manage their student loans.
• Each credit union determines the particular details of the product which they offer, including rates, fees borrower benefits, eligibility and loan terms. Fynanz offers advice and support through the process of developing the particulars with highly professional and experienced student loan professionals.
• Each credit union is free to develop its own credit policy and use Fynanz’s own “proprietary student loan specific underwriting model,” called the FACS or Fynanz Academic Credit Score.
This is just the beginning. Fynanz, with experts like Brad Powers offering advice, is a truly unique and innovative way to get money for higher education into the deserving hands of young, aspiring students, through easily accessible credit unions.
