Lewiston, ME, November 07, 2008 --(PR.com
)-- FISC Solutions, a Loan Servicing provider, has executed contracts with Maine lenders to provide processing for their Alternative Educational loan Programs.
During the past year, changes in the student loan programs have made it especially difficult to find financing for educational loans. With Alternative Educational loan options, Maine families will now have a resource to meet the financial need for their school attendance. University Credit Union has committed to providing these options for Maine families.
“Alternative Loans are an important option for Maine families”, said Jill Parker, FISC Senior Vice President of Operations. “This Alternative Loan Program will give students another option to cover the increasing cost of school attendance that is not met by financial aid and current loan limits”.
FISC’s loan servicing team has more than 20 years expertise in servicing loans. In addition to offering educational loan programs, FISC Solutions offers guidance to potential borrowers, servicers, and schools. For information on the Alternative Loan Program or other educational loans please contact loan servicing at 800.782.5772.
Headquartered in Lewiston, Maine with offices in Portsmouth, New Hampshire, FISC has provided services and solutions to financial institutions and corporations for more than 30 years. The company designs and implements full-service outsourcing solutions that make the operations of financial, insurance, government, not-for-profit, and other organizations more efficient and more affordable. FISC’s core services include item processing and electronic clearing, software solutions, loan servicing, lockbox and disaster recovery services. In addition, FISC offers comprehensive statement and invoice printing, delivery, design and management. For more information, visit www.fiscsolutions.com or call 1.888.433.4924.