} Student Loan Consolidation | PAN Payment Servicing

Contact us  to get started or call (800) 813-3740

Payment Automation Network, Inc. specializes in compliant payment servicing solutions. We eliminate the frustration of payment collections and disbursements on your new & existing accounts.

Tel: 123.456.7890

Payment Automation Network is a nationwide leader in helping Student Loan Consolidation & Doc Prep Companies service their accounts by quickly and securely collecting & disbursing funds.

Need a convenient solution to secure your funds without charging an up front fee?

We know it is a difficult industry to find a payment processor willing to handle Doc Prep accounts. At Payment Automation Network, Inc., we specialize in payment processing for your industry. Our comprehensive servicing manages all aspects of collecting payments and disbursing funds, eliminating the frustration of payment collections. We collect funds by electronic debit on the payment due dates and we disburse funds to you—Daily.

We Collect Payments

We collect payments directly from your clients bank account and send them to you.

We Handle Trust Accounts

We can help keep you compliant by holding your funds in trust until your work is completed.

Complete CRM software integration to prevent double data entry. Payment data is automatically sent & received.

Comprehensive Reporting

We provide you with comprehensive statement of funds collected, amount disbursed to your company, servicing fees & escrow deposits.

24/7 Account Monitoring

24/7 secure access to Payment disbursement statements, payment histories, delinquent reports and projected cash flow reports.

You Receive Your Funds

We disburse your funds, daily, directly to your bank account.

 

Getting Paid for Student Loan Consolidation Services and Student Loan Doc Prep Services

 

Payment Automation Network, Inc. is a payment servicing company that specializes in industries that are not allowed to charge an upfront fee for services.  We have several Student Loan Consolidation companies using our integrated escrow payment servicing. We can draft your payment and hold it in our FDIC insured third party escrow account and release your funds after your work is completed.

Most Student Loan Consolidation companies find charging their fee with a few monthly payments, rather than a full fee, will help build trust with your client in addition to ensuring that they are working with someone who is both serious about solving their problem and able to offer affordable payment options.

Of course, you want to collect you’re the payments with as little hassle as possible. The easier you can make it for clients to pay you, the more likely you are to get paid—and get paid faster. With Payment Automation Network payment servicing, you can setup an easy to afford payment schedule and have your fees automatically drafted from your client’s bank account.   With Payment Automation Network payment servicing, email payment reminders are automatically emailed prior to payments being processed.  Payments will be automatically deducted from your client’s bank account on their payment due date, and you get paid on time.

 

What is Student Loan Consolidation and Student Loan Document Preparation?

 

Student Loan Consolidation is a practical repayment tool that combines all your student loans into one master loan. Consolidating student loans will reduce the pressure of multiple payments and usually results in an overall reduction in payments. People often apply for student loan debt consolidation to secure one low monthly payment, a lower or fixed interest rate and avoid wage or tax garnishments.  Student Loan Doc Prep companies prepare the documents needed for filing with the Department of Education.

 

Student Loan Consolidation Services May Include Help With

  • Consolidating existing federal student loans and reducing payments

  • Enrolling in qualified forgiveness programs

  • Providing options for federal student loan repayment plans

  • Lowering student loan payments based on income

  • Lowering student loan interest rate

  • Deferring student loan payments

  • Stop wage or tax garnishments through approved Rehabilitation programs

  • Putting loan payments back on track

  • Forgiving Student Loan Debt if qualified

We offer full Escrow services to student loan doc prep companies to help secure your funds without violating consumer debt protection regulations. 

We Integrate Seamlessly with Customer Relationship Management (CRM) Software

Our underwriting process is quick an easy. We will work with you to gather the necessary documents and information for each account in a quick and efficient way to avoid any data entry delays. To get started, please will out the form below: