As mentioned last week, we are excited to finally be launching our student loan refinancing solution! During the Defynance private beta, you will be able to refinance your student loan with an Income Share Agreement (ISA) that has built-in protections. The Defynance private beta will launch this Friday, March 15th. To learn more about how our ISA solution works, please visit our FAQ.
What to expect on March 15th
Starting from the first day, you will be able to complete an application to be considered for ISA refinancing. We don't expect our process to be perfect, but we will work with you to ensure things go seamlessly. Once your application is submitted, expect a call from us to guide you through the rest of the process. Afterwards, we will begin processing your application and keep you informed of the progress. Whether approved or not, we will let you know how the decision was made.
For those that are accepted, we will explain the verification and funding process. At this point, you will also be able to review your ISA contract. The next step will be to pay off your existing loans and empower you to pursue your career without restrictions. With an ISA, we align our goals with yours and that's why we want to see you succeed.
As one of the early candidates, we kindly ask that you provide feedback and share your ISA story. Afterwards, we will help you fulfill your ISA obligations and assist if you lose your job or find yourself in some other financial hardship. We will continue to reach out for feedback so we can make our solution better for you and other candidates.
Who's eligible to apply for the Defynance private beta?
Anyone can apply as long as they have graduated from an accredited University and have a job with at least 3 months of work history. If you don't have a degree, but have a few years of work experience, we still encourage you to apply. We aim to make our ISA solution available to as many people as possible.
How can I help?
If you have an existing student loan, we would like you to apply and assess our ISA solution for yourself. Once you love it, spread the word among your networks and on social media. Your word will increase demand for ISAs and allow us to grow and help more people get rid of student debt. Lastly, encourage any individuals and organizations who want to invest in others through an ISA, earn increasing returns, and help people get out of student debt to do so. We launched the ISA program to help relieve the student debt burden. Our journey is just beginning, we want you on our side!
If you have any questions about our product or what you should expect fill out our contact form. Or feel free to email us at info@defynance.com or call at (813) 296-2900.
