Many times in discussions with existing and potential clients, a common question that comes up is regarding skin in the game for employees receiving a Student Loan Repayment benefit. Furthermore, how would they know an eligible employee is making their minimum monthly payment? This post breaks down our answer to that question.
Any time an employee enrolls in a Peanut Butter Student Loan Repayment program, they agree to our terms of use. Stipulating they are continuing to make their monthly minimum payments per their original agreement with their lender and loan servicer. Ensuring that as a participant in a program, their loan should remain in good standing.
To learn more about other benefit insights and common questions, you can check out our FAQs page at: https://www.getpeanutbutter.com/faqs/