Dallas, TX 5/28/2008 12:37:44 AM
News / Business

BeaconEquity.com Posts Article on MRU Holdings Inc. (UNCL) Increases Loan Originations by 92% to $230.2 Million

BeaconEquity.com announces the publication of “MRU Holdings Inc. (UNCL) Increases Loan Originations by 92%

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In the article the author covers MRU Holdings Inc. Increases Loan Originations:

“The degree of success in any endeavor is measured by the proximity of the output or resulting end to the original goal.  For credit companies, the aim is not only to supply credit, but also to establish a reputation for convenience and reasonability, while creating an efficient system of credit.  With the recent market crisis spreading to student loans, specialty finance companies for student loans are fast looking for innovative ways to attract students, provide successful transactions, and to keep afloat in the unstable credit market.

“MRU Holdings Inc., a specialty finance company, provides funding for higher education in the United States.  The company offers private student loans that supplement financing for qualified students through the federal government and are not guaranteed by the government, as well as loan guaranties, which are provided by third-party lenders. MRU Holdings also offers federal loans and PrePrime student loans for post-secondary school borrowers.

“MRU Holdings recently announced results for the first nine months of its fiscal year 2008.  The company reported a 92 percent increase in student loan originations…”

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