Student Loan Services can help employees manage debt

There are 44 million Americans with student loan debt, bringing the total U.S. student debt burden to more than $1.5 trillion. Because college graduates are starting their careers off with mounds of debt, employer student loan repayment benefits are creating a lot of buzz.

Despite the positive attention, the Society for Human Resource Management found in its 2017 Employee Benefits survey report that only 4% of employers offer student loan repayment as a benefit.

Student loan repayment programs are expected to grow in popularity and will be a very attractive benefit to many college graduates considering employment offers.

Test out our student loan calculator

Employees at companies that are already implementing a student loan repayment program are saying this benefit is priceless and has already reduced stress for them.

As an employer, you gain a competitive edge over other recruiters and keep employees engaged. Meanwhile, your employees get out of debt faster. Sounds like a win-win.

Curious about student loan repayment?

Repaying the student loan usually isn’t on the student’s mind when applying for college funding. However, outstanding student loan balances may infringe upon an individual’s ability to qualify for a home, auto, or other personal financing. Use this tool to help gauge the feasibility of student loan repayment.

Test out our student loan calculator

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FinFit Loans are issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC. Loans subject to credit approval. Residents of Colorado, Connecticut, Iowa, Vermont, West Virginia, Nevada and Massachusetts are not eligible for loans. Nothing in this advertisement constitutes an offer or solicitation for loan products to residents of those states. Actual time it takes for loan approval dependent upon loan verification set up with your employer.

Wage Now is fully funded and managed by an affiliate of FinFit. If any fees apply, those fees will be disclosed prior to entering into any agreements.
Residents of California, New York, North Dakota, South Dakota, Tennessee and Vermont are not eligible for WageNow. This does not constitute an offer or solicitation for WageNow to residents of those states.

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Services offered may incur fees and/or interest. All fees will be disclosed prior to entering into any agreements.
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