About Us

Default Prevention, Inc, (Default Prevention.com), was formed in 1998 to develop an efficient, economical , secure internet based default prevention program that integrates all Title IV participants into a single source for default prevention; additionally, to promote awareness and planning among schools, borrowers, and Title IV particpants.

Schools should develop their default prevention program with their student and borrower in mind; hence, benefiting in the long run with a sustainable and manageable official student loan default rate.

Default Prevention, Inc. utilizes an internet based program created on the principle that students come first; however, the value of lowering the default rate to schools should not be downplayed.

The loss of federal aid affects both institutions and students. Our product is designed to work as a complete full service default prevention entity, or to allow institutions the ability to utilize our default prevention platform for their in house default prevention plan; whereby, Default Prevention .com's infrastructure is supported by institutional resources.

In addition, Default Prevention .com provides training to help schools implement the plan, or parts of the plan.

Schools should also remember that once a default rate is under control, maintenance is required to keep it that way.

Skip tracing has always played a major role in any default prevention plan, and DPI has maximized every effort to offer the most complete skip tracing reports available.

Default Prevention has the ability to access data sources and databases that are normally reserved for large collection companies and private investigators.  However, public records are available to all those who know where to look.

Matt Klabacka, Founder

• Default Prevention, Inc. (DPi) was founded in January 1998. 


• The company's founder, Matt Klabacka, has been in the higher education community for 15 years. 


• Matt has a masters degree in Education from the University of Nevada, Las Vegas and  has worked in every department of higher education including admissions, financial aid, administration, college president, and private college ownership. 


• As a full service default prevention company, DPI offers a complete default prevention package from the initial default prevention plan through the final Cohort Default Rate (CDR) appeal process, and everything in between.