Yrefy, LLC · 1 day ago
Servicing/Collections Specialist
Yrefy, LLC is seeking a Servicing/Collections Specialist to be the primary point of contact for active loan accounts. The role involves managing collection efforts, responding to inquiries, and ensuring compliance with financial regulations while maintaining accurate records and enhancing borrower experiences.
Consumer LendingFinanceFinancial ServicesLending
Responsibilities
Handle inbound and outbound communications (calls, emails, letters) to provide account support and information to YREFY borrowers
Conduct outreach to borrowers across various stages of delinquency to collect payments and negotiate repayment plans
Perform individualized assessments to identify causes of delinquency and offer tailored solutions, including comprehensive financial reviews
Address borrower inquiries and complaints, ensuring timely resolution or appropriate escalation
Contribute ideas and strategies to enhance the borrower experience and improve servicing processes
Maintain detailed records of all borrower interactions, collection activities, and servicing efforts
Review and update account statuses in accordance with established guidelines
Ensure strict adherence to local, state, and federal regulations governing loan servicing and collections
Participate in required meetings and training sessions
Perform additional duties as assigned
Qualification
Required
Strong organizational skills and attention to detail
Proven ability to negotiate payment plans and resolve disputes effectively
Excellent verbal and written communication skills, including active listening
Proficiency in using account management software, databases, and communication tools
Knowledge of relevant laws and regulations related to debt collection
Customer-focused mindset with the ability to handle sensitive situations professionally and courteously
High school diploma or equivalent required
Minimum of one year of experience in the financial services industry, with a focus on customer service and/or collections
Ability to sit for extended periods while working at a computer
Must be able to lift up to 15 pounds occasionally
Company
Yrefy, LLC
Yrefy, LLC is a national specialty consumer finance lender, focusing explicitly on distressed private student loans.
Funding
Current Stage
Growth StageTotal Funding
$7.04MKey Investors
KG Investments
2021-04-30Debt Financing· $7.04M
2020-01-01Series Unknown
Leadership Team
Recent News
2025-07-23
2025-01-16
Company data provided by crunchbase