Q: How does the Docupop partnership work?

A: Once you become an official partner, you will receive a customized link with premier access to our innovative system for both you and your clients to enjoy. To consolidate, your clients will log on, answer a few simple questions and quickly see which DOE student loan repayment programs they uniquely qualify for based on their answers and income. Docupop always stars and highlights the LOWEST repayment plan possible at the top – but your clients can freely choose any DOE plan shown that matches their qualifications. Once a plan is chosen, our error-proof algorithms quickly pre-populate all forms needed to properly apply. You clients can then e-sign their application, pay a small document prep service fee at checkout and will then be able to print their completed application for send-off to The DOE. Docupop includes clear, easy-to-follow instructions on where and how to send these documents. Once you client mails his/her application, funding for their consolidation will typically take effect in 60 days or less. Docupop will keep both you and your clients fully informed on all updates and what you can expect next throughout this time frame.

Q: How do I become a partner?

A: Becoming a partner is easy and free! Simply click here to tell us a bit about your business and one of representatives will give you a call to get you set up with your personalized link asap.

Q: Will I get paid?

A: Of course! For those businesses able to accept a referral fee, you will be paid a portion of your client’s document prep service charge made at checkout. If applicable, you will receive tier and bonus based weekly payouts. Once your client’s payment clears, the agreed fare split will be paid out the following Monday via electronic ACH.

Q: I can’t accept a fee, can my business still benefit?

A: YES! Due to industry guidelines, many of our existing partners are also unable to accept a referral fee – yet still add priceless value to their business by partnering with Docupop! The potential to lower DTI and boost credit scores can you help you leverage more of your own products and services. You’ll also enjoy increased customer satisfaction, higher retention rates and added referrals from the ability to offer a great new benefit to your clients at NO COST TO YOU!

Q: How will my clients benefit from using Docupop?

A: After home mortgages, STUDENT LOANS ARE THE SECOND LARGEST DEBT CATEGORY in the country, affecting over 44 MILLION CREDIT REPORTS. The student debt crisis is real and many borrowers claim that the high price of their monthly payments drastically impacts their mood and ability to get the things they need/want in life. By helping your clients consolidate their student loan payments into a plan that they can comfortably afford, you’ll help ease the burden of budget-crushing payments which can positively impact their lives and the lives of those around them.

Q: Does Docupop assist with both federal and private student loans?

A: At this time, Docupop is only able to assist with federal student loans. Of the $1.4 trillion in student loan debt, federal student loans are responsible for 80%. We do hope to have a similar platform-based solution for private student loans in the near future.

Q: Who should partner with POP?

A: Docupop is happy to bring on partners from all industries that have clients, employees or any consumer base that is affected by student loan debt.

Some of the most common industries who benefit are:

MORTGAGE LENDING

Mortgage lenders who use Docupop to help lower student loan payments may also help to lower DTI, streamline the underwriting approval process and increase the approved loan value.

CREDIT REPAIR

It is extremely challenging to remove negative items on a credit report due to federal debt. Docupop increases retention rates by consolidating any federal student loans (including those in default).  This can also help to boost credit scores and remove outstanding balances making it easier to dispute negative items.

PERSONAL LOANS

Many people applying for personal loans are turned down due to outstanding student loans. A quick run through Docupop can bring those denied accounts back to life!

BANKRUPTCY

The current system has made it virtually impossible to bankrupt out of student loan debt.  Providing a solution for student loans will increase business and provide a service that most attorneys are unable to offer.

ANYONE WHO PULLS CREDIT

The credit industry as a whole is a great partner for Docupop.  Credit is usually only pulled in an attempt for approval. Whether it’s a loan, a credit card, a cell phone, or even insurance, student loans impact more credit scores and the ability to pay debt more than all other factors outside of home mortgages.  Bring those potential clients impacted by student loans back to the negotiating table with Docupop.

Q: I have friends and colleagues who work in some of the industries mentioned above; do you have a referral program?

A: YES! For each new business you send our way who decides to partner up, we’ll send you an additional check for $100.  For more on our referral program, click here.