CHESLA Defaulted Loan Collection Services

The Connecticut Higher Education Supplemental Loan Authority (CHESLA) is seeking proposals from qualified firms to provide Defaulted Loan Collection Services. The selected firm will be responsible for collecting defaulted loans on behalf of CHESLA for a period not to exceed three years. The firm should have established expertise in the area of defaulted debt collection, particularly in private student loans, and demonstrate knowledge of fair debt collection practices and higher education lending laws. The scope of services includes highlighting recent experience in collection efforts and course of action working with private supplemental student loans. • The firm should have substantial and demonstrable expertise in fair debt collection practices and knowledge of higher education lending laws. • The firm should have recent experience in collection efforts and course of action working with private supplemental student loans. • The firm will be responsible for collecting defaulted loans on behalf of CHESLA for a period not to exceed three years.