With student loan debt soaring past $1.75 trillion, future generations are facing an uphill battle. And now, with a federal court in Georgia halting the upcoming student loan forgiveness program, the fight for financial freedom is far from over. As we wait for updates, it’s critical to rethink how technology, innovation, and policy can work together to alleviate this burden for millions. Let’s continue pushing for solutions that don’t just help today, but shape a brighter financial future for generations to come. #StudentLoans #FinancialFreedom #HigherEducation #fintech #college
Reducify™️
Technology, Information and Internet
Reducify™️ is a fintech solution that empowers student loan borrowers to accelerate paying down their student debt.
About us
Reducify™️ is an award winning fintech solution to accelerate paying down student loan debt. Co-founders, Asha Farrah and Romy Pickron, CFP®️, effectively applied Reducify' s strategy to repay $130,000 in student loan debt within 2.5 years. Asha Farrah is the mastermind behind Reducify' s student loan acceleration method, while Romy Pickron, CFP® , brings over a decade of wealth management expertise and a dedication to fostering financial independence. Reducify is committed to addressing the $1.75 trillion student loan crisis by empowering borrowers with strategic approaches to reduce their student loan debt. We establish accountability partnerships to expedite the repayment of their student loans. With 66% of U.S. student loan debt held by women and African Americans taking out 85% more student loan debt than their peers, the weight of student loan obligations primarily affects individuals from marginalized communities and women. Reducify' s mission is to empower recent underserved graduates providing them with the tools to strategically navigate their student loan debt.
- Website
-
Reducifyapp.com
External link for Reducify™️
- Industry
- Technology, Information and Internet
- Company size
- 2-10 employees
- Type
- Partnership
- Founded
- 2022
- Specialties
- student loans and financial education
Employees at Reducify™️
Updates
-
The Biden-Harris Administration just approved an additional $45 billion in student loan debt relief for public service workers. 🎉 If you work in government, education, or a nonprofit, this could be a major opportunity for you! Here’s what you need to know: 🔹 850,000+ borrowers have already benefited 🔹 The Public Service Loan Forgiveness (PSLF) program counts payments that were previously ineligible, getting you closer to forgiveness 🔹 Work for a government, nonprofit, or public school? You could qualify! 🔹 Act now, review your student loans and make sure you’re enrolled in the right plan This is a huge opportunity to wipe out your student debt! If you're in public service, now's the time to check your eligibility. #HigherEducation #StudentLoanForgiveness #StudentLoans #FinancialEducation
-
Reducify™️ reposted this
Become a Burger King Scholar! Scholarships range from $1,000 to $60,000 and are intended to offset the cost of attending college or post-secondary vocational/technical school. Recipients are selected through an application process that takes into consideration their grade point average (GPA), work experience, extracurricular activities, financial need and community service. Tell a friend to tell a friend😃 Visit www.scholistapp.com for the link to apply #applynow #scholarship #funding #burgerking #recupient #freemoney #highschool #senioryear #undergraduate #technicalschool #collegestudent #community #financialneed #secondary #applynow #applytowin #vocational #gpa
-
Reducify™️ reposted this
Student Loan Awareness Month is here, and we need to talk about the real impact. Black women are carrying an unfair share of the student debt burden—holding two-thirds of the debt among women and facing predatory lending practices that make it 20 times more likely for them to default. The system is broken, and we need change. Let’s spread awareness, demand equity, and help lift the weight off our future generations.
-
The Power of Early Repayment On a $30,000 loan with a 4.5% interest rate, paying an extra $50 a month can save you thousands in interest and shorten your loan term by over a year! Even small extra payments on your student loans can make a big impact. Here’s how: → Shorten Your Loan Term Every extra payment helps reduce the principal faster, meaning you can be debt free sooner. → Save on Interest Paying off your loan more quickly means less interest accrues over time, which can result in significant savings. → Boost Your Financial Flexibility Eliminating debt sooner gives you more room to invest in other goals like buying a home, saving for retirement, or traveling. Start small and watch the difference it makes! #StudentLoans #FinancialEducation #PersonalFinance #HigherEducation #FinTech
-
Reducify™️ reposted this
True justice for student loan borrowers means holding predatory servicing companies accountable.
-
⚠️ Navient is permanently banned from servicing federal Direct Loans. The Consumer Financial Protection Bureau just took major action against Navient, one of the largest student loan servicers, for years of harmful practices. Here's what you need to know: • Years of misconduct: Navient steered borrowers into costly repayment plans and failed to offer more affordable options like income-driven repayment. • $100 million in relief: Impacted borrowers will receive compensation for the harm caused by Navient's illegal practices. • Banned from servicing federal loans: Navient can no longer service federal Direct Loans, helping protect future borrowers. This is a huge win for borrowers and a step toward holding loan servicers accountable. 👏🏾👏🏾👏🏾 Has Navient ever serviced your Federal student loan debt? #StudentLoans #highereducation #financialeducation #fintech
-
Reducify™️ reposted this
The Gates Scholarship (TGS) is a highly selective, last-dollar scholarship for outstanding, minority, high school seniors from low-income households. Each year, the scholarship is awarded to exceptional student leaders, with the intent of helping them realize their maximum potential. #scholarship #Scholist #College #highschool #students #freemoney #financialaid #undergraduate #graduate #gates #billgates
-
This disparity is exactly why we launched Reducify for underserved students.
20 years after beginning college, the average Black borrower will still owe 95% of their original student loan balance while their white counterpart finished paying down 95%. The student debt crisis is a civil rights crisis.
-
Ever wondered which college majors lead to the highest paychecks? Let’s talk about the fields that are leading the way! 🎓 Engineering Consistently at the top, engineering majors are known for some of the highest salaries in the job market. 💻 Computer Science & IT In our digital age, tech skills are gold. These fields are integral to nearly every industry and offer endless opportunities. 💼 Business & Finance Mastering money management and business strategies can open doors to lucrative careers. Fields such as finance, accounting, investment banking, and consulting offer attractive salaries and opportunities for growth. 🏥 Healthcare From doctors to nurses, the healthcare field not only offers high pay but also the chance to make a meaningful impact. 🔬 STEM Fields Science, Technology, Engineering, and Math—these disciplines are shaping the future and offering rewarding careers. #Highereducation #college #financialeducation #studentloans #fintech