Blog

After months of hard work, sweat, and tears (well not really but definitely work and sweat), launch the Defynance private beta launch of its Income Share Agreement (ISA) student loan refinancing product is ready. During the private beta, Defynance will refinance selected candidates who have express...

The government just released a new student loan debt relief program that will repay up to $75,000 in student loans. The only catch is that the program is only available to eligible health care clinicians. This program is called the National Health Service Corps (NHSC) substance use disorder workfor...

2019 has been busy, yet fulfilling for Defynance. The entire team came together to prepare for two large events, Synapse Summit and Tampa Bay Startup Week. Writing this blog is the first time I've had a chance to catch my breath and reflect on the experience. Our team is thankful for all of the peo...

If you're struggling to pay your loan, you're not the only one. In fact, 27% of students who graduated in 2004 have defaulted on their student loans. While missing a payment of your student loans may seem alarming, there are some options that can help you out. But first, what happens if you don't p...

Some people may ask, "Is it possible to be debt free?" Debt can seem like a bottomless pit, but there are ways out. If you're trapped by debt at the moment, know that there is light at the end of the tunnel. Also know that there's no quick tricks to get rid of all your debt. The process w...

Today, it's hard to get through college without taking out a student loan or taking on the burden of debt. The price of college keeps rising and there's less money to go around for everyone. You may not want to take out a student loan and avoid debt but, are there other alternatives? Let's explore ...

Today, credit scores are everything. Whenever it comes to a credit decision, your score is the primary factor for financial institutions or lenders. For some, it's the only thing that they look at. This means that your score should be as high as possible. A high score will give you the best rates a...

Debt burdens the borrower and gives the lender the upper hand. Since funding is often based on loans, you can easily end up in a situation where you're drowning in debt. This dilemma has been going on for centuries without anyone blinking an eye. Here are 5 ways that debt continues to be a lose-los...

Debt. It's something that almost everyone has and everyone is familiar with. For some, it helps them afford things that they couldn't otherwise, but for others, it gets them stuck. For many, debt has become a cycle where interest continues to build and build until it seems impossible for them to ge...

Debt can be a useful tool, but other times you can get stuck in the debt trap. Sometimes debt keeps you in a continuous cycle where interest compounds and it seems like you'll never escape. So what are some of the ways that debt traps you?

1. Interest isn't your friend

Interest is a parasite that you...