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

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, whil

(EMAILWIRE.COM, May 27, 2008 ) BeaconEquity.com announces the publication of ‘MRU Holdings Inc. (UNCL) Increases Loan Originations by 92% to $230.2 Million’

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MRU Holdings Inc. (UNCL) Increases Loan Originations by 92% to $230.2 Million

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 for the period, posting $230.2 million versus $119.8 million for the same period in the prior year.

To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary

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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com


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Contact Information:
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
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Press Release Keywords:

stock market, investing, investment ideas, market activity, small caps, micro caps, beacon equity research, mru holdings, uncl, credit, finance, student loans

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