$100 Million of Student Debt Now Tracked with LoanBuddy Software

Mar 27, 2019 12:00:00 AM

Our technology debuted in mid-2018 and has already empowered 300+ Advisors that monitor over $100 Million in client student debt.

LoanBuddy is useful for Advisors who work with graduates of any amounts of student debt and our FinTech is especially applicable to Advisors who work with HENRYs (High Earning, Not Rich Yet). This vertical is where a majority of new advisors are aspiring to grow into.

LoanBuddy is shifting the paradigm for younger Advisors, Engaging The Modern Consumer, turning the initial client conversation into one regarding student loans, opening up the dialogue to more services. And with U.S. federal student loan debt now exceeding $1.6 trillion, helping borrowers manage their financial health includes understanding what they are going through currently.

LoanBuddy empowers Advisors with tools to help their clients manage and track their student loans. Automatically generating client-facing reports based on their NSLDS file, which streamlines client onboarding inside LoanBuddy. The robust feature set includes a helpful calculator with repayment strategies and corresponding income-based federal repayment programs, as well as provides downstream tax implication data. Also, LoanBuddy helps those enrolled in Public Service Loan Forgiveness, most commonly known as PSLF, manage that complicated process.

Advisors can subscribe to LoanBuddy for $60 a month with no annual contracts and an unlimited amount of clients in our system.

Contact info@loanbuddy.us for more information.

Our technology debuted in mid-2018 and has already empowered 300+ Advisors that monitor over $100 Million in client student debt.