LendKey And Gradifi Team Up To Help U.S. Employers Offer A Student Loan Refinance Benefit To Employees
BOSTON – July 18, 2018 – Gradifi, a leader in employee benefits that minimize student loan debt, today said it is now offering LendKey’s nationwide network of lenders benefits through Gradifi Refi, a student refinance program for employers seeking to help their employees reduce their student loan payments.
LendKey is the recognized leader in digital lending solutions, providing a user-friendly, quick and transparent marketplace for refinancing student loans. LendKey partners with nearly 300 credit union and bank lenders that are excited to provide student loan refinancing options to members of the Gradifi Refi program.
“By teaming up with LendKey, Gradifi can now offer many more student loan refinance options and allow employers to address the No. 1 concern of many employees – the high cost of repaying student loans,” said Meera Oliva, Chief Marketing Officer of Gradifi. “LendKey offers a seamless experience with terrific educational tools to help employees make smart financial decisions.”
Gradifi Refi is one of three employee benefit solutions from Gradifi to reduce student loan debt. Gradifi’s Student Loan PayDown Plan (SLP)® helps employees pay off their student loans faster by making an employer-sponsored contribution to their student loan provider. College SaveUp Plan helps defray the cost of college and avoid student debt through employer contributions to an employee’s 529 college savings plan account.
“LendKey and Gradifi share a common mission: to enable dreams for borrowers burdened by student loan debt,” said Lewis Goldman, Chief Marketing Officer of LendKey. “We’re proud to partner with companies like Gradifi to extend the benefits of student loan refinancing to Gradifi members who are looking for a break from high-interest student loans to lower their monthly payments.”
LendKey pioneered the lending-as-a-service model enabling white-labeled, digital lending solutions that transform financial institutions who prioritize people over profits. LendKey’s customized solutions help financial institutions enable dreams for their borrowers while managing liquidity, reducing costs, and mitigating risk. The company has revolutionized the entire lending process for these institutions including demand generation, online decisioning, loan origination, customer service, compliance, and balance sheet management. Founded in 2009 and based in New York and Cincinnati, LendKey works with hundreds of credit unions and banks deploying more than $2 billion in capital to date. LendKey was recently named one of Fortune’s Great Places to Work®. For more information, please visit www.lendkey.com or email firstname.lastname@example.org.
Gradifi helps employers address the new No. 1 concern of employees – alleviating the burden of student loan debt. Gradifi’s cloud-based platform gives employers a choice of three high-impact options supported by objective advice and powerful tools to help employees make smarter student loan decisions. Gradifi’s Student Loan PayDown Plan (SLP)® helps employees pay off their student loans faster by making an employer-sponsored contribution to their student loan provider. Gradifi Refi motivates employees to refinance their student loans through its unique incentive program and relationships with best-in-class lenders. Gradifi’s College SaveUp Plan helps defray the cost of college and avoid student debt through employer contributions to an employee’s 529 college savings plan account. A unit of First Republic (NYSE:FRC), Gradifi works with employers of all sizes across the U.S. www.gradifi.com.