People Capital Retains Robert Lavet Former General Counsel for Sallie Mae to Provide Advice and Assistance on Regulatory Issues
New York, June 8, 2009, People Capital, a Web resource for college students to attain student loans via an online
lending exchange, announces that Robert Lavet of D.C. law firm Powers, Pyles, Sutter & Verville PC and former general
counsel for Sallie Mae, has been retained by People Capital to provide advice and assistance on regulatory issues.
Lavet will help advise the company with issues including compliance with the Higher Education Opportunity Act,
Truth-in-Lending Act and their implementing regulations, the Equal Credit Opportunity Act, and other state and
federal statutes, including state consumer lender licensing requirements.
About People Capital
People Capital (http://www.people2capital.com) was founded in 2008 by a team
of world-class talent with backgrounds in student loans, consumer finance, credit ratings and new media to develop the next
generation of credit risk management and funding for student loans. Our peer-to-peer (p2p) lending platform will allow students
to finance their college educations through improved access to private student loans. Our patent-pending Human Capital Score™
(http://www.humancapitalscore.com) can rank order students without
credit history by using academic and credit data to model future individual income levels, thus their future ability to pay.
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