Students in need of a student loan to pay their tuition complete a simple application. We’ll gather information about the students financial need and ask a few qualification questions.
Investors are provided with the student’s PYT score to help them determine creditworthiness. This score is not a traditional FICO score, so students don’t have to worry about being denied a loan due to minimal credit history.
Students will be counseled on the terms of the loan. Investors disburse the funds to the student and receive monthly payments of principal & interest until the loan is paid in full.
The PYT platform is a secure way for students to make requests and for investors to make loan offers. With our platform, any type of student is able to make a request for a loan including students without cosigners and international students. Investors can also come from anywhere. Friends, family, employers, and individuals now have a way to invest in high potential students close to graduating who just need a little help to get over the finish line.
The PYT platform is a secure way for students to make requests and for investors to make loan offers. With our platform, any type of student is able to make a request for a loan including students without cosigners and international students. Investors can also come from anywhere. Friends, family, employers, and individuals now have a way to invest in high potential students close to graduating who just need a little help to get over the finish line.
