• 1

  What do I have to do to submit student credit applicants?

  We will preform a company background check and request that you complete a brief questionnaire that tells us about your business. Once that is completed, we will set you up with an account to begin submitting students.

• 2

  What type of loans do you buy?

  We acquire tuition loans originated by truck schools for their students’ educational costs.

• 3

  What costs can be included in the purchase?

  In addition to tuition, hotel costs, background checks and drug tests can be included.

• 4

  How strong financially do my borrowers need to be?

  Borrowers need a history of paying their bills. Neither bankruptcies nor medical collections are disqualifiers.

• 5

  How soon will I know if a student’s loan is approved for purchase?

  Generally you will know within one to four hours after you submit the loan information.

• 6

  What loan documents do I have to submit?

  The loan package must include the loan contract, copy of license, social security card, and a few other documents. Don’t worry; we will assist you with the process.

• 7

  How long does to take to get paid.

  Purchases are made when the borrowers become employed. Purchases are made every Thursday.

• 8

  Will I still be able to use other lenders?

  Yes

• 9

  Do you take responsibility for the loan and the borrower after funding?

  Yes, once the loan is purchased, we take over all communication with the borrower. However, we may contact you for assistance if we cannot locate the borrower during the first few month of loan servicing.

Yes, once the loan is purchased, we take over all communication with the borrower. However, we may contact you for assistance if we cannot locate the borrower during the first few month of loan servicing.