Product Features
| Educate America | v. | Bank | |||
|---|---|---|---|---|---|
| Term | Yield | Monthly Interest ^ | Yield | Monthly Interest ^ | |
| 3-month | 2.25% | $187.50 | 0.44% | $36.67 | |
| 6-month | 2.50% | $208.33 | 0.50% | $41.67 | |
| 1-year | 3.00% | $250.00 | 0.74% | $61.67 | |
| 2-year | 4.00% | $333.33 | 1.30% | $108.33 | |
^ - Interest Payments are based on 360 days and a 30 day month. Actual amounts may vary slightly from the calculated amounts.
Safe
Educate America has specialized in the student loan market for over 10 years without a default. Our stringent underwriting criteria ensures that we only select the most profitable schools that can stand by their guarantees.
Secure
Besides full recourse from the schools, security comes from two funds that protect against default. Also monthly oversight of all transactions is provided by HedgeCount, LLC. HedgeCount is an independent third party administrator overseing the assets of hundreds of funds totalling billions in assets under management.
Great Rates
Our rates have and will continue to exceed bank CD rates by a minimum of 1% at all times.
No Market Risk
These investments are designed to reward depositors without risking your principal or having it open to market fluctuations.
Liquid
Liquidity is provided by the funds that hold a 30% reserve to service any withdrawal requests. This compares to only a 10% reserve requirement at a bank.
Terms To Meet Your Needs
Educate America offers terms to meet your needs. With 3-month, 6-month, 1-year and 2-year liquidity there is always a term that meets your needs.