Student Loan Finance Corporation to
Expand Loan Offerings; CMSI's CreditRevue to Play Key
Role in Loan Origination
ANNAPOLIS JUNCTION, Md., Dec. 4 /PRNewswire/ -- Credit Management Solutions, Inc.
(CMSI) (Nasdaq: CMSS - news), a provider of credit automation systems for student lending,
consumer, and small business credit analysis, today announced that Student Loan Finance
Corporation has entered into a license agreement for CMSI's CreditRevue® for Student Lending
system.
Student Loan Finance Corporation, with $1.3 billion in assets, is a leader in the secondary market
for student loans. Working with lenders across the country, Student Loan Finance originates a
variety of loan types, and plans to expand their product suite.
''Our plans to begin originating alternative loan products like Choice, GOAL, and others, created a
requirement for a system that would support our expansion,'' said Steve Kohles, Student Loan
Finance's Vice President, Planning and Administration. ''We selected CMSI's CreditRevue for
Student Lending in part for the built-in flexibility that will allow us to offer virtually any product our
customers need.'' Kohles added that customer service is a number one priority with Student Loan
Finance. ''Customer service comes first with us, and we believe the system will help us manage the
complete loan origination process in a timely and efficient manner,'' he said.
Peter M. Leger, CMSI President and COO, said, ''We're pleased that Student Loan Finance
Corporation has chosen CMSI as a strategic partner to help them achieve their business goals. We
look forward to working with them to ensure that the implementation of CreditRevue for Student
Lending supports their mission with regard to customer service and business expansion.'' |
