Key Results and Accomplishments • Attained 100 % accounts reconciliation rate within 6 months of initial hiring • Reduced account opening time by 40 minutes on average by utilizing an online customer database for initial form filling and application processing •
Reduced loan default rate by 30 % through enactment of effective risk mitigation policies • Enhanced operational efficiency by 27 % through implementation of semi-automated cash balancing and transaction processing protocols
Not exact matches
[xxxii] A recent study by Jackson and Reynolds, for example, finds that
loans promote higher
rates of persistence and completion among black undergraduates, and concludes that despite racial gaps in
default rates,
loans are nonetheless «an imperfect, but overall positive tool for
reducing educational inequality» by race.
Because collateral
reduces the lender's exposure to the risk of
default, secured personal
loans have lower interest
rates than their unsecured counterparts.
By using these programs to combine the outstanding student
loans, the
loan default rate amongst graduates has been drastically
reduced.
Give your students and alumni the ultimate suite of student
loan tools while
reducing cohort
default rates, over-borrowing, and delinquency.
The original intention of income - based repayment plans was to
reduce the
default rate on student
loans, but as mentioned before, this has not been the case.
The principle is to
reduce the risk of
default to the lender, and hence the interest
rate, by having two people stand behind the promise to pay the
loan back.
Most credit consolidation
loans have a significantly lower annual interest
rate because they take many small
loans and combine them into one big one, and
reduce the risk of
default.
Student
loan consolidation is a fast way to
reduce your monthly commitment to your student
loan debt while allowing you to retain your credit
rating and avoid
defaulting on your
loan obligations.
Some lenders will
reduce the interest
rate by as much as 0.50 percent even if the cosigner does not have a better credit score, since having two people responsible for repaying the
loan instead of just one
reduces the risk that the
loan will become delinquent or go into
default.»
Sen. Sherrod Brown's (D - OH) bill would empower the Treasury Department to buy up privately - issued
loans, which tend to have higher interest
rates and worse
default rates, and
reduce rates on outstanding private student
loan debt for many.
• Proficient in review and analysis of transactions, sheet balancing and financial auditing • Expert in conducting ratio trends and cash flow analysis • Known for understanding, following and implementing company's financial policies • Demonstrated ability to interact with customers for data collection and account verification • Track record of
reducing lease
default rate by implementing thorough background check protocols prior to
loan sanctioning