LendKey and Payitoff Join Forces to Help Federal Student Loan Borrowers Lower Payments

In a continuing effort to help student loan borrowers, LendKey, the pioneer of digital network lending, is excited to announce their latest partnership with Payitoff, a leader in consumer debt guidance tools. The collaboration introduces a free and user-friendly tool designed to help federal student loan borrowers save significantly on their federal student loan payments.

The innovative Federal Student Loan Optimizer tool, powered by Payitoff, allows borrowers to input their federal loan information, even if they are unsure about their servicer details. By considering various factors such as income, other debts, dependents, and more, Payitoff provides personalized recommendations for federal income-driven repayment plans. This empowers borrowers to choose the best plan based on their unique circumstances, leading to potential monthly savings on average of $240, and without sacrificing federal loan benefits.

This partnership provides an easy-to-use solution for managing student loan debt and helping lower those monthly payments.

Read the full press release here.