Do Well by Doing Good: Creating Income with Distressed Debt
Wednesday, September 27, 2023
1:00 PM – 2:00 PM MST
Location: PCC: North 131
CE: 1 CFP CE Credit(s)
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Complexity Level: Overview
Student Loans are a hot topic and a political hot potato. This bankruptcy-protected asset now exceeds national credit card debt. We will clearly explain the current student loan situation, what is coming, and what Yrefy is doing to fix the problem. A significant portion of this debt is in default, and borrowers did not have anywhere to turn until now. With the Federal Student Loan portfolio returning to repayment, the situation will likely worsen before it gets better. Yrefy has created a way for the borrower to get out of debt and advisors to create healthy fixed returns for clients.
Learning Objectives:
Upon completion, participants will be able to understand the difference between Federal Student Loans and Private Student Loans as well as how their clients are affected by each of these two types of loans.
Upon Completion, participants will be able to direct clients on how to attend to student loans after graduation properly.
Upon Completion, participants will be able to help clients with distressed [private student] loans find the tools and resources necessary to help get a borrower get out of debt with dignity and live a responsible and productive life. For clients looking for an investment opportunity participants will understand how to access the tools Yrefy has created for their clients.