"But if he runs a loan company, what about the interest rate?"
The discussions are taking place as the company has come under scrutiny over financial relationships between college officials and loan companies.
To win a spot on the lists, loan companies use various tactics.
At any given time, executives of the loan companies said, the industry has more than $50 million in outstanding loans.
The senator's staff has been investigating relations between loan companies and universities.
You will have to approach a specialist bridging loan company.
If I have to borrow, it's bad enough to do it through a loan company.
Bloomberg News reported on these three and additional university officials with ties to loan companies yesterday.
The kinds of arrangements loan companies may have with colleges vary.
That compares to 1.57 percent of assets on average last year for the 10 other largest savings and loan companies in California.
