Loanscribe
| Loanscribe logo | |
| Private | |
| ISIN | 🆔 |
| Industry | Student loans |
| Founded 📆 | 2013 |
| Founders 👔 | Jason Doshi Samip Joshi |
Area served 🗺️ | United States |
| Products 📟 | Student loan |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Loanscribe is a platform for healthcare professionals to consolidate and refinance their student loans. It was co-founded by a pair of mortgage professionals, Jason Doshi and Samip Joshi.[1] It is a student loan refinancing platform to focus on medical and healthcare professionals.[2] Through its simplified process, Loanscribe reduces the physical burden of paying back multiple loans and the emotional stress of paying high interest.[3] It has been mentioned in Bank Innovation[4] and MedTech Boston.[5]
Loanscribe's model was implemented through risk-based pricing and a vision that someone with a higher probability of paying back debt deserves to pay less interest.[6] This model factors short- and long-term potential income, degree, and job stability, in addition to standard underwriting criteria such as FICO scores.[7]
References[edit]
- ↑ "4 Ways Student Loan Holders Can Master Their Debt". The Huffington Post. Retrieved 12 October 2014.
- ↑ "Refinancing fed school loans into private loans...". Reuters UK. Sep 29, 2014. Missing or empty
|url=(help);|access-date=requires|url=(help) - ↑ "Work it: Samip Joshi & Jason Doshi of loanscribe". www.thesocietyco.com. Retrieved 12 October 2014.
- ↑ "Fintech Startup Volume Eases in May". Bank Innovation. Retrieved 12 October 2014.
Last month, 64 fintech startups were launched or sought new rounds of financing, according to a Bank Innovation analysis, up 6.7% from April. In April, the number of launches climbed more than 13% compared to the previous month.
- ↑ "Loanscribe: Consolidating & Reducing Medical Student Loans". MedTech (Boston). Retrieved 12 October 2014.
- ↑ "A Lesson in Student Loans: Interest Capitalization". Official website. Retrieved 12 October 2014.
- ↑ "Alumni Network". Rutgers University Debate Union. Retrieved 12 October 2014.
External links[edit]
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