Student Loans Payment Servicing
Eliminate the frustration of payment collections for your student loan consolidation clients with our nationwide student loan consolidation payment servicing from Payment Automation Network. Our comprehensive service manages all aspects of collecting and disbursing funds for your student loan clients.
We know it is a difficult industry to find a payment processor willing to handle Student Loan Consolidation accounts. At Payment Automation Network, Inc., we specialize in payment processing for our industry. Eliminate the frustration of payment collections and disbursements for your student loan consolidation clients. Our comprehensive servicing manages all aspects of collecting payments and disbursing funds to Student Loan Consolidation Companies.
We collect funds by electronic debit on the payment due dates and we disburse funds to you—Daily.
What you receive with our services:
We collect payments directly from your clients bank accounts.
We verify payment and bank account information before processing the payment at the bank, saving you thousands on return payment charges.
We email your clients payment reminders.
We provide you with comprehensive/professional reporting, emailed to you daily.
We keep an accurate record of every payment and disbursement made.
We offer toll-free customer service to your clients.
We do payment adjustments on request, no additional charge including rescheduling payments, updating account information, changing payment dates and amounts, escrow payout adjustments, suspending or closing an account and more.
We provide access to your account 24/7 though our secure web portal.
We disburse you your funds, daily, directly in your bank account.
You receive your funds!