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The story behind Payitoff:

Bobby spent nights and weekends codifying student loan regulations and building an algorithm to help his family navigate their personal student debt crisis. This technology, which in time became the core to Payitoff’s algorithm, helped him gain what every borrower seeks: a course of action for his student loan management that without a doubt would get the the best possible financial outcome for his family. Amidst the confusion and complexity of the student loan system, Bobby was able to turn chaos into certainty thanks to this algorithm. With that freedom, Bobby and his wife were empowered to start a family and move forward with their lives. (They currently have an adorable 3-year-old daughter!)

Of course, Bobby quickly realized his struggle wasn’t unique. 43 million other borrowers could benefit from the technology he developed in order to overcome the overwhelming complexity of student loan debt.

As we approach the resumption of student loan payments in September 2022, it's no secret our country is underprepared and apprehensive. However, Payitoff's tools offer a simple way to cut through the complexity. In the meantime, we continue to partner with and provide our tools to as many financial institutions as possible, in order to maximize accessibility for every borrower.

Once a business adopts one or some of our tools, customers are able to input information about their loan situation, including linking their loan servicer accounts, to receive instant high-impact recommendations of how to handle their student debt for the best financial outcome possible. Often this includes enrolling in assistance programs, which are free and available to enroll in electronically via Payitoff. The businesses who offer these tools earn the benefit of customer trust and loyalty, offer a top-of-the-market, competitive product to customers who desperately have expressed a need for student loan help, and more. Plus, Payitoff has more tools in our product suite, including tools for financial advisors, automatic payments (for both borrowers and employers offering student loan related benefits) and more.

Payitoff believes what's best for the borrower is what's best for the business, and our technology prioritizes and achieves better outcomes for all.