Loan Management

Loan Management

FAME's Student Loan Service Center clients gain access to the expertise and knowledge of professionals with decades of experience in the field. They provide the personal touch for you and your students that is so essential for successfully managing your Perkins and Private loan portfolio. As part of your team, FAME performs all aspects of loan management, which includes billing, collection activities, credit bureau reporting, skip tracing, and management reporting. In addition, we will perform any additional steps that might be required to meet your institutional needs.

All of your borrowers will receive the same diligent attention that has accounted for our highly successful track record in maximizing collections. FAME monitors all accounts daily and immediately alerts loan representatives of any potential delinquencies. We take a pro-active approach to contacting borrowers and reducing default. Our representatives are trained to obtain maximum results in a professional and courteous manner.

Full Service Loan Management

FAME’s state-of-the art technology lets us do the job right. Our trained staff interacts with your borrowers in a courteous & professional manner. Private Loan Management Services include:

  • Private Loan & Tuition Billing
  • Process Payments Daily
  • Send Past Due Notices
  • Answer all Borrower Correspondence
  • Extensive Communications with Delinquent Borrowers
  • Pursue Revised Payment Plans
  • Provide Monthly Comprehensive Reports
  • Reconcile Loan Fund Monthly
  • Comprehensive Skip Tracing
  • Assign & Monitor 3rd Party Collection Agency Activities
  • Report Loan History to National Credit Bureaus Monthly

    Loan Management - Grad Cap
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