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December 04, 2012
FOR IMMEDIATE RELEASE
College Loan Corporation Acquires Edvisors
LAS VEGAS (December 4, 2012) – College Loan Corporation (CLC) today announced that it has completed the acquisition of Edvisors, a leading provider of education resources. Edvisors operates a portfolio of interactive sites that provide information, tools and resources to help students find and pay for college. The Edvisors brand will continue to operate as a wholly-owned subsidiary of CLC.
Since 1999, College Loan Corporation has provided award-winning service to students, parents, business partners and schools. The Company has funded more than $19 billion in loans to help families pay for college. CLC remains committed to providing quality customer service, through a first-class call center experience and proprietary technology systems.
“College Loan Corporation has always provided families with valuable services to meet the challenges of paying for college,” said John Falb, President of CLC. “We have a commitment to provide first-class service to our customers, and the Edvisors network of sites will enhance the experience and services we provide our customers online.”
“We are extremely pleased to join the College Loan Corporation team. Leveraging CLC’s substantial infrastructure will increase the resources we offer to students and drive the expansion of market share for our partners,” added Geoffrey Willison, President of Edvisors.
About College Loan Corporation
College Loan Corporation, headquartered in Las Vegas, Nevada is a top 10 student loan company, managing more than $7 billion in student loan assets. By offering innovative loan products and first-class customer service, the Company has helped more than 900,000 families achieve their higher education goals. CLC has won multiple awards, including the BBB Torch Award for Marketplace Ethics and the American Business Award for excellence in Customer Service. The Company is committed to supporting its community by maintaining a 100% U.S.-based workforce. For more information, visit www.collegeloan.com or call our student loan hotline at 1.800.2COLLEGESM.
Edvisors (www.edvisors.com) is a leading student marketing company providing an unmatched portfolio of education resources, college loan products, and college-related information and services through a network of websites, blogs and forums hosting more than 2 million visits each month. In August of this year, Inc. magazine recognized Edvisors for its substantial growth in revenue in its sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies.