Peanut Butter

Peanut Butter is a student loan assistance and refinancing product that aims to help individuals manage and repay their student loans. According to the vendor, Peanut Butter is designed for professionals in various industries such as financial services, healthcare, professional services, education, and technology. The product offers features such as:

Student Loan Repayment: Employers can contribute to their employees' student loans through a comprehensive repayment program. Employees can track contributions, view repayment scenarios, and receive support during enrollment.

Student Loan Resources: Peanut Butter provides a loan management dashboard for organizing loans and accessing up-to-date information. The platform offers curated advice and insights to implement money-saving tactics. Employees can also utilize the refinancing marketplace to explore different rates without a hard credit pull and access financial wellness tools.

Student Loan Refinancing: Peanut Butter assists employees in refinancing their student loans by connecting them with multiple lenders through their refinancing marketplace. This feature allows individuals to explore different rates and gain a better understanding of government programs and payment options.

Employer Control Panel: The user-friendly control panel allows employers to manage the program and access on-demand reporting. It also provides a communications toolkit for effective program announcements.

Benchmarks: Peanut Butter provides market insights and benchmarks to help employers design their student loan assistance plans.

HR Support: Employers receive support from a dedicated Customer Success Manager throughout the implementation and utilization of the program.

Comms Toolkit: Peanut Butter offers a variety of templates to assist employers in announcing and promoting their student loan assistance program.

Loan Management Dashboard: Employees can organize and access up-to-date information about their loans through the loan management dashboard.

Curated Advice + Insights: Peanut Butter provides curated advice and insights to help employees implement money-saving tactics.

Debt Counseling Options: A curated portal of free services and preferred rates from paid advisors is available to employees seeking debt counseling options.

Webinars are available for employers and brokers to learn more about attracting and retaining college-educated talent with student loan assistance.