CreditSoft Debt Portfolio Management Software
Software for debt management companies
CreditSoft for Student Loan Servicing and Student Loan Consolidation  
   

Our Student Loan software edition comes loaded with everything educational lenders and servicers need to manage both federal and private student loans:

  • A database of popular student lenders
  • Payment formulas for all FFELP programs:
    • IBR
    • ICR
    • PAYe
    • Standard
    • Graduated
  • Our system can also accommodate formulas from private lenders.
  • Ability to define variable fee structures and split the payment over multiple months
  • Ability to consolidate multiple student loans using our friendly loan consolidation screen
  • Comparison of different payment scenarios in one screen
  • Guaranteed to keep up-to-date with FFELP federal guidelines and regulations

CreditSoft Student Loan Edition also comes with the various official government forms needed *:

  • Repayment plan forms
  • Consolidation forms
  • Deferment forms
  • Discharge/Forgiveness forms
  • Forbearance forms

CreditSoft uses the information you already entered in the system, and guides you through any additional questions needed to automatically fill out these forms for you.

In addition, all the standard CreditSoft features are available, including:

  • Built-in lead management system with interactive work queues
  • Data import from other systems and websites
  • Integration with all major phone systems
  • Built-in CRM system with automated workflows
  • Generation of your own contracts and other documents directly from the system
  • Agreements can be signed electronically using our DocuSign integration
  • Web module to give students access to their loan information
  • Bank debits via ACH, and ability to charge fees to student credit card
  • Complete audit trail
  • Powerful interactive dashboard

The pricing for this particular system is based on the specific configuration required based on the business processes of your agency. Our technical sales can provide you that once we have analyzed your situation. This ensures you get a perfect fit for your company that automates most or all of your processes.

Please call us today and let us show you how CreditSoft can simplify your loan servicing and consolidation operation.

 

* The following built-in forms are available in the Student Loan edition:
Income-Based (IBR) / Pay As You Earn / Income-Contingent (ICR) Repayment Plan Request OMB No. 1845-0102
Federal Direct Consolidation Loan Application and Promissory Note OMB No. 1845-0053
Federal Direct Consolidation Loan Request to Add Loans OMB No. 1845-0053
Federal Direct Consolidation Loan Additional Loan Listing Sheet OMB No. 1845-0053
REPAYMENT PLAN SELECTION OMB No. 1845-0014
MILITARY SERVICE AND POST-ACTIVE DUTY STUDENT DEFERMENT REQUEST OMB No. 1845-0080
EDUCATION RELATED DEFERMENT REQUEST OMB No. 1845-0011
IN-SCHOOL DEFERMENT REQUEST OMB No. 1845-0011
PUBLIC SERVICE DEFERMENT REQUEST OMB No. 1845-0011
ECONOMIC HARDSHIP DEFERMENT REQUEST OMB No. 1845-0011
UNEMPLOYMENT DEFERMENT REQUEST OMB No. 1845-0011
Employment Certification for Public Service Loan Forgiveness (PSLF) OMB No. 1845-0110
and others...