Earnest is the only student loan refinancer to use a holistic approach for underwriting and considers an individual's full professional and financial profile to offer the best possible rates. Earnest's Precision Pricing tool allows borrowers to set their payment according to their budget, and then customizes a loan around that budget, shaving off any unnecessary interest.Together, these distinct features of Earnest's refinancing product translate into an average of over $20,000 in savings per client over the life of their loans. Since launching its student loan refinancing product in January 2015, Earnest has completed more than $1 billion in loans, saving clients an estimated $300 million collectively. "We're excited to collaborate with Intuit as their first open platform partner," said Earnest CEO and co-founder Louis Beryl. "This is an opportunity to help more people save money and achieve their financial goals. We're dedicated to building long-term relationships with people and we're using data and technology to deliver significant savings along the way." Intuit plans to add more partners over the coming year. The open platform will include the creation of a consumer marketplace that will provide developers the ability to offer a variety of financial services to customers. Intuit's new consumer open platform is focused on consumers and the Intuit Developer Group platform focuses on QuickBooks and small businesses. Together, both our consumer and small business platforms provide unique and powerful benefits to third-party developers and partners. For more information, developers can contact email@example.com. Consumers can learn more at blog.turbotax.intuit.com/openplatform/. About Intuit Inc. Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks® and TurboTax®, which make it easier to manage small businesses and tax preparation and filing. Mint provides a fresh, easy and intelligent way for people to manage their money, while Intuit's ProConnect brand portfolio includes ProConnect Tax Online, ProSeries® and Lacerte®, the company's leading tax preparation offerings for professional accountants. Founded in 1983, Intuit had revenue of $4.7 billion in its fiscal year 2016. The company has approximately 7,900 employees with major offices in the United States, Canada, the United Kingdom, India, Australia and other locations. More information can be found at www.intuit.com. About Earnest Earnest is a technology company using data science, smarter design, and exceptional service to rebuild financial services. Founded in 2013 on the belief that financially responsible people deserve better options and access to credit, Earnest's lending products are built for a new generation seeking to reach life's milestones. The company's mission is to democratize access to high-quality financial services.
Earnest is headquartered in San Francisco and backed by Maveron, Battery Ventures, Adams Street Partners, Andreessen Horowitz, Accomplice Ventures, Wildcat Venture Partners, First Round Capital, and others. For more information, please visit earnest.com or follow the team on Facebook, Twitter, and the Earnest Blog.