Discover’s Nelms: Student Loan Refi Product Possible

Discover logo
What's Next In Payments®
9:30 PM EDT March 11th, 2014

During an interview in late January, Discover Financial Services CEO David Nelms suggested the company soon may enter the student loan refinance.

Speaking with American Banker, Nelms confirmed that Discover was considering the move.

”I do think it’s likely that we’ll be launching a [student loan] consolidation product later this year,” Nelms remarked.

The hint follows an announcement from RBS Citizens Financial Group, which launched its own refi solution in January, MainStreet reported on Feb. 3.

For the latest news and developments related to Discover, access our Discover Newsroom by clicking here.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

Comments
Also by This Author
What's Hot
Alternative Financial Services
Fiserv’s Payments and Industry Products Push Q2 Growth
B2B Payments
Clean Technology Firm Upgrades Procurement Automation Process
B2B Payments
Fintech Partnership Set To Bring Funding To UK Businesses
B2B Payments
Engineering Firm Opts For Automated Invoicing
View All Articles ››
You May Also Like
Company Spotlight
Visa And MasterCard Say U.S. Sanctions Won’t Affect Russian Client Banks
Company Spotlight
BJ’s Wholesale Club Latest Retailer To Move To MasterCard, Embrace EMV
Company Spotlight
Why Small FIs Rule
Company Spotlight
Who’s The Most Digital Payments Ready?
View All Articles ››