Use Student Payback to arrange for a student to repay a parent or other relative for education costs. We document the amount to be repaid, at the terms you pick. Once repayment is underway, loan servicing ($9/payment) includes email reminders, friendly phone calls if payments are missed, monthly statements and year-end reports. You get:
- A legal promissory note
- A customized payment schedule
- Loan servicing, including electronic fund transfers
- Subsequent amounts added
- Optional e-signature
- Document storage
- Brilliant customer support
Additional loans taken out during the student’s education can be combined into one payment at no extra cost, up to 10 times*. Too bad making new friends isn’t this easy. (Use our Handshake Plus single-use service if you only expect to make just one loan during the student’s education.)
*Must be same loan parties
All you can eat
| Up to 10 uses |
Document the loan amount; get payment servicing; additional amounts combined into
one payment. |
$299 + $9/pmt |
One-use only
(Handshake Plus) |
Document the loan amount; get payment servicing. |
$199 + $9/pmt |