Earnest and Payitoff Partner to Launch Student Loan Manager
Earnest, a fintech company empowering students to maximize their financial futures, has partnered with Payitoff, a leading provider of consumer debt guidance tools for financial institutions, fintech, and financial wellness providers, to launch its Student Loan Manager. The new, free tool provides personalized repayment plan recommendations to lower monthly payments, helping borrowers take control of and better manage their student loan debt.
"Earnest’s Student Loan Manager helps borrowers find their servicer in seconds or enroll in federal repayment programs to lower monthly payments,” said David Green, CEO of Earnest.
“The expiration of the CARES Act has created stress and anxiety for many of the nearly 37 million federal loan borrowers,” said David Green, CEO of Earnest. “Borrowers are grappling with payment concerns amid rising inflation, and many aren’t sure who their servicer is or how to pay them. Earnest’s Student Loan Manager aims to educate borrowers on their options and help them get on the right financial track fast, whether by finding their servicer in seconds or supporting their enrollment in federal repayment programs to lower monthly payments.”
Earnest’s Student Loan Manager is designed to support anyone with federal student debt, including those who are not able or willing to refinance their federal student loans. In only a few minutes, the free tool provides personalized, clear, and actionable information to help borrowers manage their federal student loans. Borrowers are only asked for essential information that is safeguarded with end-to-end encryption, enabling them to enroll in suitable potential money-saving programs directly through the platform.
