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Overview
MRU Holdings, Inc. is revolutionizing the student loan industry by creating new and innovative credit underwriting standards and products, which are specifically relevant to students and their families and is leading the way in risk-based pricing of student loans.
MRU distributes financing products using an efficient direct-to-consumer model through its flagship brand MyRichUncle and via direct and private label relationships with its marketing partners.
MRU uses its origination infrastructure and proprietary credit scoring model to provide a range of financial products including:
- Private Student Loans – Private loans, also referred to as alternative loans, are used to bridge the financing gap between Federal loans and grants and rising tuition costs.
- PreprimeTM Student Loans - In May 2006, the Company launched Preprime™, the first and only student loan that allows students to qualify for loans based on individual merit, rather than credit history alone.
- Federal Student Loans – Student loans guaranteed by the United States federal government. MRU follows the government's guidelines for originating and servicing loans such as the Undergraduate Stafford Loan, Parent PLUS Loan, Graduate Stafford Loan and Grad PLUS Loan.
For more information on our loan products, please see www.MyRichUncle.com.
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