Overview Flashcards
1
Q
How is DLS mitigating risk in 2020?
A
- Most loans booked in 2020 won’t enter repayment for 18 months
- Tightening credit in some high risk segments
- Increasing co-signer requirements for some populations
2
Q
How big is the market for Student Loans? (Including Federal)
A
$1.6T
3
Q
How big is the market for private student loans?
A
~150Bn
4
Q
What products does DSL offer?
A
- Undergraduate Loans
- General Graduate loans
- Law
- Bar
- Medical
- MBA
- Custom Career (AA)
- Risk share
5
Q
How does DSL use Capstone?
A
As part of application process:
1) Pull credit bureau data
2) Perform simple calculations
3) Store applicants’ credit bureau data
NOT FOR DECISIONING
6
Q
Does does Capstone store unencrypted PII?
A
Yes, Capstone stores ~800K unencrypted customer records with PII
