Joe DePaulo, Co-founder and CEO, to share company’s successful strategies, which led to accelerated growth in the student loan marketplace
October 04, 2016 11:21 AM Eastern Daylight Time
WILMINGTON, Del.–(BUSINESS WIRE)–College Ave Student Loans, a leading fintech lending company of private student loans, has announced today that Joe DePaulo, Co-founder and CEO, will be presenting at this year’s Money 20/20 conference in Las Vegas. Mr. DePaulo will be sharing the company’s unique approach to the complexities of the student lending space, which has put the company on track to produce more than $350 million in loan volume in under 2 years.
The Money 20/20 fireside chat segment “Navigating the New Student Lending Marketplace” will take place on Sunday, October 23 at 3:35 pm. College Ave will explore how they have succeeded in this cross-generational industry by focusing on simplifying the customer experience while delivering the widest variety of education financing options to families and graduates. To that end, College Ave has made multiple enhancements over the last 9 months, including:
- Expansion of the loan product set to include undergraduate, graduate, and parent loans, as well as a loan refinancing program,
- Introduction of the “Find your perfect fit” campaign, encouraging consumers to take control of their financing decisions with the widest variety of personalized tools and loan options available,
- Launch of a proprietary origination experience that is delivering a customer rating of 4.9 out of 5 stars.
“The private student lending market covers a broad spectrum of audiences, as you typically have both a student and a parent on any given loan,” said DePaulo. “Advancing technologies and differing customer preferences affect how we design and deliver everything. Our goal is to address the needs and wants of each customer on their terms so that they universally describe all of their interactions with College Ave as simple, clear, and personal.”
DePaulo will talk about the challenges and opportunities in the student lending space and about how College Ave Student Loans is reaching across generations by building a low-cost, scalable lending infrastructure that keeps up with the rapidly evolving expectations of the market.
DePaulo has more than 25 years of experience in the financial services industry and co-founded College Ave Student Loans in 2014. Prior to College Ave, Mr. DePaulo was chief financial officer of Sallie Mae. He served as director of the company as well as director of the Sallie Mae Bank, and chief marketing officer.
About College Ave Student Loans
College Ave Student Loans is simplifying the student loan experience so students can get on with what matters most: preparing for a bright future. As a fintech lending company with a sole focus on private student loans, we’re using technology and our deep industry expertise to connect families who need to cover education costs with lenders who can provide that funding. By specializing in student loans, we are able to give our customers the attention they deserve and deliver loans that are simple, clear, and personalized for the individual: we help you find your perfect fit. We offer competitive rates, a wide range of repayment options, and a customer-friendly experience from application through repayment. Visit www.collegeavestudentloans.com.
Contacts
College Ave Student Loans
Angela Colatriano, 302-684-6066
[email protected]
or
Duffy & Shanley, Inc.
Tina Malott, 401-278-4407
[email protected]