About Us

Based in Austin, Texas, Loan Science has been enhancing the value of its clients’ loan programs since 2008. The Loan Science team represents an unparalleled collection of consumer lending expertise from the world’s leading financial institutions.

Loan Science serves clients in banking, consumer lending, structured finance, private equity, and for-profit education with data driven solutions for optimizing loan portfolio performance. Services include credit risk and forecasting models, pricing and underwriting strategies, collections services, portfolio valuations, data hosting, and full service portfolio management. Loan Science introduced, with remarkable results, advanced consumer credit disciplines to the student loan industry with an array of products and services for managing both private and Federal student loans.

Steve Allocca, Chairman
Prior to spending over four years as President of Loan Science and one of the top four student lenders, Steve spent 11 years at Wells Fargo, most recently as the Head of Wells Fargo's $8 billion Personal Credit Division. In that capacity Steve had P&L responsibility for a number of Wells Fargo's lending businesses: unsecured personal loans, unsecured lines of credit, auto loans, transportation loans, mobile home loans and loans backed by financial assets. The division grew by 40% and achieved record revenue and profit growth. Steve's other roles at Wells Fargo included leading customer and deposit acquisition, leading Regional Bank marketing for the largest Group of Regions, and a number of leadership positions in the Card Services division. Steve has more than 16 years experience in the consumer credit industry, including risk management experience with two top-10 credit card issuers.

Sam Miller, President and Chief Operating Officer
Sam has more than 25 years of consumer lending experience, most recently as Vice President of Portfolio Management to one of the top four student lenders where he implemented a portfolio performance management strategy resulting in significant reductions in credit losses. In addition, his team developed and integrated portfolio reporting, multi-tier product pricing, credit policy, and decision technologies for new originations. Sam previously served as Senior Credit Officer for Citibank's Latin America region, with risk oversight responsibility for advanced analytics, cards credit policy, cards business development, and credit systems. He also held a variety of credit and risk management roles in both U.S. and international markets with Sherman Financial Group, Ford Credit, and GE Capital.

Bill Weyandt, President and Chief Risk Officer
Bill spent two and a half years as the Chief Credit Officer to one of the top four student lenders where he championed efforts to build its enterprise data warehouse and analytics foundation that was essential to support originations and enhanced performance management. Bill was previously the Director of Global Analytics and International Consumer Risk Management at Ford Motor Credit Company, where the teams he led had responsibilities related to the risk management of over $100 billion in consumer assets. He also served as Senior Risk Officer at GE Capital Auto Financial Services. Bill has 30 years of experience in the world of consumer lending risk management.

Keith Shields, SVP, Chief Credit Officer
Keith has over 20 years of experience developing and applying quantitative technologies in the fields of Risk Management, Portfolio Management, and Database Marketing. He spent 14 years at the Ford Motor Credit Company (FMCC), where he was Director of Global Analytics. In that role he had global responsibility for the development and governance of all quantitative risk management solutions needed to support the origination, pricing, and servicing of FMCC's $100 billion consumer loan portfolio. After FMCC, he was Vice President of Portfolio Management at Credit Acceptance (CA), where he was responsible for devising strategies to mitigate the credit losses associated with a $1 billion subprime auto portfolio. And after CA, Keith acted (and still acts) as Chief Analytics Officer for Magnify Analytic Solutions, an Analytic Services Provider and valued partner of Loan Science. He has a Bachelor’s degree in Mathematics from Wittenberg University and a Master’s degree in Industrial and Operations Engineering from the University of Michigan.

Todd Newberry, Chief Financial Officer
Todd has more than 25 years of experience in the disciplines of finance, accounting, tax, business controls, and process improvements in both Fortune 500 and mid-sized companies. He has built and led financial teams in a variety of entities including banking, commercial leasing, and consumer lending. Todd has been employed in managerial capacities with such industry leaders as AmSouth Leasing Corporation where he assisted in transforming the company into an international lessor and Dell Financial Services where he was responsible for directing multiple financial divisions. Most recently, he served as the Director of Accounting & Finance with one of the top four student lenders. Todd is a licensed CPA.

Lee Latimer, Vice President, Information Technology
Lee brings over 15 years of experience leading technology operations and initiatives across large-scale, complex organizations. Lee has spent the majority of his professional career in financial services including student and consumer lending. Lee was previously Technology Director at one of the top four student lenders. He has also held technical management positions at EZCorp, EDS, Toshiba Medical Systems, and Siemens in both national and international markets.

Alec Reinstadtler, Vice President, Business Development
Alec has more than 25 years of experience building and leading sales teams in the student lending industry. He was most recently the National Sales Director to one of the top four student lenders where he led a team that grew annual loan originations 79% to help them become one of the fourth largest private student loan originator in the country. Alec previously ran the school channel sales efforts at College Loan Corporation and Bank of America. Alec has consistently exceeded company goals and market growth through the successful execution of a consultative selling approach that identifies problems and targets solutions for the clients he serves.

Curtis Wright, Vice President, Business Intelligence
Curtis has over 15 years experience in financial services. Prior to joining Loan Science he led the efforts to build a world class reporting and data warehouse environment at one of the top four student lenders. Curtis was previously Director of Reporting for Fidelity Investments where his team created a data warehouse and reporting environment that promoted a fact based decision support platform which led to increased efficiencies, cost savings, and higher customer satisfaction for Fidelity's Operations and Services Group. Curtis holds an MBA from Boston University.

Andy Dolan, Director, Analytics
Andy has 15 years of experience in consumer finance, most recently as Director of Portfolio Analytics to one of the top four student lenders. Throughout his career, Andy has focused on providing innovative quantitative solutions across all aspects of the credit cycle, including credit risk modeling, loss projection, and volume forecasting. Andy previously served as Manager of Credit Analytics at Ford Motor Credit Company, where he led the group responsible for development and implementation of the proprietary consumer credit risk models for a $100 billion portfolio in North America. He holds an MA in Statistics and an MS in Biostatistics from the University of Michigan.

Michael Leisch, Director, Enterprise Architecture
Michael joined Loan Science with 20 years of senior enterprise architecture experience combined with nearly 30 years in financial services. He’s a Master Certified Information Technology Architect and functioned as subject matter expert for selection of an industry standard model for the GMAC bank holding company. While consulting for IBM Business Intelligence Consulting and Services, Michael also assessed, designed, and redesigned data warehouses for five major banks in the United States.

Jeff Rudolph, Director, Collections Servicing
Jeff has 25 years of experience managing consumer and commercial credit card collections, originations, and customer service operations. At one of the top four student lenders, Jeff implemented a variety of collections improvements in operations strategies and tactics, delinquency forecasting methodology, recovery operations, and recovery reporting. Jeff previously managed collections operations for 5 years on the $2.1 billion private label commercial retail and commercial oil credit card portfolios at Citibank. Jeff was responsible for collections and risk management on the $800 million dollar private label retail credit card portfolio owned by Zale Corporation before its acquisition by Citibank. Jeff was at Zale Corporation for 15 years, working in a variety of operations and management positions.

Jason Bradley, Director, Portfolio Management
Jason has more than 15 years of experience in consumer lending, most recently as a Director of Portfolio Risk Management to one of the top four student lenders. Jason was a key member of the credit management team responsible for developing and executing portfolio management and credit policy strategies designed to improve overall credit performance and portfolio profitability. Jason previously was a Senior Risk Manager in Citibank's North American credit card division with credit policy and portfolio strategy responsibility for a variety of affinity card products. Additionally, he has served in a number of risk management and analytic roles in Citibank's credit card organization and at Household Credit Services.