Millennials are a diverse crowd, but they have a few things incommon. Many are leaving college with thousands of dollars in debt.They also tend to be impatient and want decisions made quickly.
Harnessing technology, CUSO Student Choice and third-partyvendor LendKey are enabling credit unions and community banks toassist those folks by providing them with student loans and helpingthem refinance their college debt at a rapid speed.
Founded in 2008 by several credit unions, the Washington-basedStudent Choice ensures prospective students have obtained allavailable scholarships and federal student aid before helping themapply for private student loans, according to Jim Holt, thecompany's chief revenue officer.
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