Discover’s Nelms: Student Loan Refi Product Possible

Discover logo
What's Next In Payments®
9:30 PM EST 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
Mobile Commerce
Neiman Marcus Creates Mobile Wallet With Capital One
International
McDonald’s Tests Mobile Messaging Coupons
International
Barclays Brings Pay-By-Tweet To UK Banking
News
Bigcommerce Gives Square Merchants E-Commerce Edge
View All Articles ››
You May Also Like
Company Spotlight
Inside MasterCard’s Masters Of Code Global Hackathons: Round 1
Company Spotlight
How MasterCard Is Taking Biometrics To The Masses
Company Spotlight
MasterCard Powers Fintech Startups With Commerce.Innovated
Company Spotlight
Does The Weather Drive Omnichannel Adoption?
View All Articles ››