Pioneer Credit Recovery Inc.

Pioneer Credit Recovery Inc is a wholly owned subsidiary of Navient Corporation, and a member of Navient’s Collection Services. Navient is publicly traded on the NASDAQ (NASDAQ: NAVI). The company is in the collection industry providing collection services on defaulted debt, with offices located in Florida, New York, and New Jersey.

Pioneer is on the Department of Education's student loan collection contract. Through the length of the contract (51 months as of May 2009) Pioneer has collected more than $750 million for the department, the most of any collection agency on the contract.