The Challenge

Student experience the highest student loan debt at the start of their career, but simultaneously have the lowest earnings and struggle with a limited disposable income.


In addition, they hardly have sufficient credit history to favorably refinance their existing loans unless they can leverage on a co-signer with a good track record.


The default rates on the federal portfolio are at a staggering 11%. Counter-intuitively the lower the debt amount the higher the default rate.


Graduates with student debt mostly lack sufficient savings, both in terms of emergency funds as well as long-term.


Hardly considered in traditional credit scores are that graduates can expect to significantly increase their income over time, have higher flexibility when it comes to budget adjustments and have the lowest risk of unemployment, disability or death.

The Solution

At READ we put emphasis on the customer's opportunity and potentials such as future earnings, the low risk of health-related issues and the high degree of flexibility. These aspects are more relevant to our young target audience who are still building their credit score.


Besides traditional or purely financial risk parameters we integrate non-traditional and behavioral factors into our model, such as spending habits, personality traits and benchmarking against peers to complete a holistic risk assessment.


This approach allows us to reduce risks, align interests between parties and most importantly build long-lasting business relationships.

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Learn how to make educated decisions and invest in students future.