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.
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.
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.
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FinFit’s Financial Wellness Program, which includes educational content, a financial assessment and a financial dashboard, are free to registered members. Services offered may incur fees and/or interest. All fees will be disclosed prior to entering into any agreements. Products listed are a representation of FinFit offerings. Actual availability may vary. The products available to you and your organization will appear on your FinFit membership dashboard. Actual loan amounts and rates offered vary based on lender, credit worthiness and other factors.