Defynance does not produce debt because we are not lenders. Defynance empowers futures by getting rid of the burden of debt for our income sharers. We free them up to pursue their career ambitions and life passions. With our innovative and fair Income Share Agreement (ISA) product, we offer a better alternative to debt that is always affordable and liberating. Let’s see how the Defynance ISA is different from other refinance options.
We don't charge interest like other refinance options
There is no other way to say it than to state that an ISA is interest and debt free. This means that you don’t borrow a sum of money that has to be paid back. This proves to be beneficial in a lot of ways, but especially when you find yourself in financial difficulty. Whether your income drops below $24,000 a year or you lose your job, the Defynance ISA will pause until you start working again. It is only when your income increases above $24,000 a year that you will make payments. However, during your difficult financial time there is no interest piling on to make your balance grow. That's because an ISA is not a loan.
We are with you every step of the way whether in good times or bad
Defynance backs you like an investor backs a startup venture. We only succeed when you do, so if your income drops or you experience job loss, our eco-system resources will help you. We help you find another job, get certified or trained in another profession, and make you more marketable by improving your resume writing and interviewing skills. These resources are also available while you are working by guiding you throughout your career. We ensure that you progress and realize your economic potential.
Payments adjust with your situation
The Defynance ISA payments will adjust as your income fluctuates. This means that if your income is lower, your payment will be lower. And they will be an affordable percent of your income. On the other side, if your income increases, your payment does too, but it will always be affordable. Tying your payment to income makes sure it is always affordable and easy to budget making life more fruitful as you plan for buying a house, starting a family, and saving for retirement.
We may be able to fund you, even if others can't
That's right, we can refinance more people than lenders because we get to know you better, understand your profession and income potential, and look at alternative factors to provide you funding. We understand that many of our income sharers are young and have not had the time or resources to properly build their credit. As a rule, we will do everything possible to fund you individually.
The Defynance ISA solution is not like other refinance options because we offer a debt free and interest free product that can help more people. Our ISA has built in protections for when things don't go as planned. Our success is tied to yours so we are truly in it together.
