COSTA MESA, Calif., Oct. 27, 2015 /PRNewswire/ -- Experian®, the leading global information services company, has announced a partnership with the nonprofit American Student Assistance® to provide support to recent graduates and students managing their student loan debt. The company is offering the Experian Credit EducatorSM product at no charge to students, graduates and their parents who have been in touch with ASA® and who need information about their credit and how their student funding decisions can affect their future creditworthiness.
Experian Credit Educator provides consumers with one-on-one telephone-based education sessions and guides them through important information related to their credit lives. This serves as one of many ways that Experian helps prepare students for making important financial decisions and enables students and parents to identify any potential issues with their credit report or score while learning their fundamentals from a reputable resource in a safe environment.
"We're committed to championing financial literacy across demographics and are excited to assist those who are struggling to make pivotal financial decisions," said Rod Griffin, Experian's director of public education. "Experian wants to help students gain the insight and resources needed to support their journey through school and beyond, which is precisely the reason Experian is partnering with ASA. We see this as furthering our mission to use data as a force for good."
Currently, ASA assists students so they can confidently approach, manage, pay for and pay back college costs. Through ASA's SALT® resource, a free educational consumer literacy program, the organization empowers students and parents to make better decisions regarding financing higher education and repaying student loans relevant to each student's individual situation.
As part of their partnership, Experian also supports ASA's SALT program and last year was proud to award ASA a $50,000 grant for its SALT Live mobile financial education platform. The program brings on-site services to high school students and first-generation and nontraditional college families to assist with college planning and financial aid questions and to provide financial education and debt management services.
"Oftentimes, students have received little to no financial education when they get to college and then are expected to make a number of life-altering financial decisions. We wanted to partner with Experian because students and parents are greatly in need of hands-on resources. Through innovative programs like Experian Credit Educator and SALT Live, ASA and Experian are delivering valuable information to those who need it most, right when they need it," said Paul Combe, American Student Assistance president and CEO.
By using the Experian Credit Educator tool, students and parents will receive foundational educational tools to better understand their personal credit situation and the importance of making positive credit decisions. The tool is just one example of the way Experian uses data for good and provides smart solutions to real-life challenges.
For more information about Experian Credit Educator, please visit http://www.experian.com/crediteducator.
We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making.
We also help people to check their credit report and credit score, and protect against identity theft. In 2015, we were named by Forbes magazine as one of the "World's Most Innovative Companies."
We employ approximately 17,000 people in 38 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and Sao Paulo, Brazil.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2015, was US$4.8 billion.
About American Student Assistance
American Student Assistance (asa.org) is a private nonprofit dedicated to helping people make better decisions about financing higher education and repaying student loans, so they can become confident, financially competent consumers. After working with millions of student borrowers, American Student Assistance combined 50+ years of knowledge and best practices into a powerful consumer literacy program called SALT (saltmoney.org). Working with more than 300 higher education institutions, nonprofits, and corporations nationwide, SALT provides the tools and resources student borrowers need to help them better understand how to pay for and pay back college costs.
Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.
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