Student loan repayment is about to enter UNCHARTERED TERRITORY. ALL borrowers will exit COVID forbearance simultaneously, and experts PREDICT DELINQUENT RATES COULD REACH 70% OR HIGHER.
Protect your school’s future title IV funding by partnering with the Champion of default prevention to develop a robust, proactive post-COVID strategy.
Champion has one of the highest recovery rates in the default prevention industry.
Our skip-tracing methods have consistently achieved low delinquent rates.
Historically, we’ve dropped delinquent rates over 50% six months after taking over a portfolio.
Trusted industry leader implementing strategies to cut default rates since 1989.
Analyze the differences!
Our competitor’s strategy is to “put out fires” with calls to delinquent borrowers to recommend a short-term deferment/forbearance fix and does not speak with the borrower again unless they become delinquent.
Champion is NOT a forbearance mill. We reach out to borrowers before deferment/forbearance status ends to help them determine if they can resume payments or should continue with deferment/forbearance. Champion’s approach keeps borrowers from falling delinquent again and encourages borrowers to manage their loans better. In post-COVID default management, our tried and true proactive approach will make a huge difference with your school’s CDRs.