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Paramount Capital Group LLC dba Paramount Servicing Group began operations in 1997 providing capital to the private student loan market via loans through trade schools and servicing the portfolio.
In 2014, the company started to contract with lenders and originators to service their portfolio on the enhanced Paramount Advantage servicing platform and has been recognized as a top consumer loan servicer.
On September 1, 2024, ECN Capital Corp. (TX:ECN) and Larry Chiavaro through his First Associates Advisors LLC acquired the majority of the stock in Paramount as the company is ready for continued growth. Larry Chiavaro, former Co-Founder of First Associates Loan Servicing later re-branded, is a recognized industry wide leader in servicing, having built his prior company from 6 employees to 900 employees and a successful exit to private equity.
Core Values
EXCELLENCE
WE THINK AND ACT LIKE OWNERS.
- We are proud and determined.
- We don’t do things halfway. We see things through.
- We each embrace accountability and ownership of our responsibilities and processes.
- We set goals, and we achieve them.
- We constantly seek to exceed expectations in every interaction.
COMPASSION
WE COMMUNICATE WITH CARE AND EMPATHY.
- We take time to understand each individual situation.
- Borrowers should feel like we care during each and every conversation.
- We don’t demand payments; we solve problems.
RESPECT
WE TREAT OTHERS WITH THE HIGHEST DEGREE OF DIGNITY AND FAIRNESS.
- Valuing each coworker’s role as important.
- Valuing others’ time.
- Embracing new ideas regardless of their source.
- Doing more listening than talking.
- No pre-judgment: evaluate people and ideas based on facts.
INTEGRITY
WE DO THE RIGHT THING, EVERY DAY, EVERY TIME.
- No hidden agendas.
- No shortcuts.
- No compromises.
- Our reputation is more valuable than any transaction.
INNOVATION
WE COMMUNICATE WITH CARE AND EMPATHY.
- WE AREN’T AFRAID TO SAY “WHAT IF?”
- We love creativity and challenging the conventional view.
- We look for ways to improve our business and ourselves.
- If we aren’t learning, we aren’t improving.
Account Servicing is managed by Paramount Capital Group, LLC, NMLS #1114719. CA debt collector license #10508-99. For more information, visit NMLS Consumer Access www.nmlsconsumeraccess.org.
NV Collection Agency License FCA10726, NV Compliance Manager certificate CM12548. © Copyright 2024 – Paramount Servicing Group, LLC | Privacy Policy | Terms of Service