This company wants to help shave $6,200 off your student loans

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At NerdWallet, we strive to help you make financial decisions with. Alternatively, you could save money in interest, shave monthly payments or do both – even pay off your student debt faster – with.

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What if all that dough went toward your student debt? In 2018, Fidelity Investments began to offer businesses a way to contribute to their workers’ education loans. Since then, more than 50 companies.

There’s one thing every American must do if they want help. your tax return directly into the FAFSA form. It can shave about 30 minutes off the time spent filling it out, said Kelly Peeler, the.

Based on the experience of initial users of the platform, Pillar estimates that the average person can save $6,200 on their student loans. That can mean reducing their repayments by four years. "Extra payments could save thousands and thousands of dollars over the life of your loan," said Bloch, who serves as CEO of the company. "These small actions really have a huge impact on your financial future."

 · Dan Kitwood | Getty Images When Michael Bloch’s wife graduated from law school with more than $300,000 in student loans, the couple sat down to come up with a plan. After reading blogs and articles, drafting spreadsheets and consulting a financial advisor, they still didn’t have an answer.. This company wants to help shave $6,200 off.

This company wants to help shave $6,200 off your student loans By Lorie Konish cnbc.com – Dan Kitwood | Getty ImagesWhen Michael Bloch’s wife graduated from law school with more than $300,000 in student loans, the couple sat down to come up with a plan.

This company wants to help shave $6,200 off your student loans Dan Kitwood | Getty Images When Michael Bloch’s wife graduated from law school with more than $300,000 in student loans, the couple sat down to come up with a plan.

Separately, the company also announced it has raised .5 million in seed funding. That includes lead investor Kleiner Perkins. Other venture capital investors who participated include Day One Ventures, Financial Venture Studio, Great Oaks VC and Rainfall Ventures. The platform works to help individuals manage and pay off their student loans.