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
News
UK Pharmacy Prepares For Pumped Up Volume
Mobile Commerce
Glitches At BBVA’s Simple Illustrate Digital Banking’s Difficulties
News
Apple Pay Accelerates Regulator’s Focus on Mobile Payments
International
Alibaba’s Price Range On The Rise Pre-IPO
View All Articles ››
You May Also Like
Company Spotlight
Why Big Retail Looks To SMB For How To Innovate
Company Spotlight
Card Spending Oversight Minus the Hassle
In Depth
So Many Rush To Embrace Apple Pay
Company Spotlight
The “Intel Inside” of Payments
View All Articles ››