SOURCE: Think Financial

September 20, 2006 16:38 ET

Think Financial Launches New Student Loan Products to Help Families Pay for College

BUFFALO, NY -- (MARKET WIRE) -- September 20, 2006 -- Think Financial, a new company that markets private student loan products directly to consumers, today announced it has signed a contract with The First Marblehead Corporation (NYSE: FMD), a national leader in creating solutions for education finance. Think Financial will offer a complete suite of direct-to-consumer student loan products, including loans for k-12, undergraduate, graduate and continuing education.

"We are excited to have partnered with some of the leading names in education finance, including First Marblehead," said Barry Heneghan, Chief Executive Officer of Think Financial. "More and more families are struggling to figure out the smartest and simplest way to pay for college, so we're pleased to be able to offer our new straightforward and affordable loan products."

Think Financial will market its new student loan products directly to families through a variety of channels. The loan products are now available at their newly launched website, www.thinkfinancial.com.

"Our products and services represent a perfect fit for a sophisticated start-up marketing company like Think Financial," said Jack Kopnisky, President and CEO of First Marblehead. "As college costs continue to grow, so does demand for well-structured private loans, so we're pleased Think Financial will be marketing our products to students nationwide."

About Think Financial

Think Financial, a start-up student loan marketing company, was founded to help families better afford education. Think Financial provides students and parents with access to custom-tailored loan products designed to make paying for education simple and affordable.

About First Marblehead

First Marblehead, a leader in creating solutions for education finance, provides outsourcing services for private, non-governmental, education lending in the United States. The Company helps meet the growing demand for private education loans by providing national and regional financial institutions and educational institutions, as well as businesses and other enterprises, with an integrated suite of design, implementation and securitization services for student loan programs tailored to meet the needs of their respective customers, students, employees and members.

Contact Information

  • Contact:

    Think Financial
    Barry Heneghan
    716-876-8786