Interactive Personalized Video streamlines the loan process for students
Today’s students are faced with more decisions than ever, namely how to pay for their education. Student loan debt is now the second highest consumer debt category – behind only mortgage debt – and higher than both credit cards and auto loans. Today in the U.S., there are 45 million borrowers who collectively owe nearly $1.6 trillion in student loan debt. Adding to that number? The nearly 10% of students who default after missing payments.
Enter EngageOne Video from Precisely, the interactive and personalized video platform that’s proven to increase customer engagement and on-time payments. Help streamline the loan process by allowing your students to confidently compare payment plans, set up automatic payments, or even apply for a new loan. Integrated content like FAQs and chatbots allows students to find the answers they need fast, all in one place.
EngageOne Video has helped companies achieve the following results:
- 6x ROI within the first 6 months
- 84% of customers said they better understand their services and options after seeing their videos
- 74% of customers feel cared about
- 12% increase in retention among those who have viewed their videos
Contact us to learn more about interactive and personalized video and to receive a demo from our experts.
EngageOne Video is the cloud-based platform that puts your customers in the driver’s seat. Learn more about EngageOne Video!