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Chrysler Canada

FCA US Launches Student Loan Refinancing Benefit to Help Employees Tackle Student Debt

January 28, 2019

, Auburn Hills, Mich.

FCA US announced currently that it has combined a tyro loan refinancing module to a package of advantages charity to salaried employees. The program is being offered in partnership with CommonBond For Business, a tyro loan benefits platform from financial record association CommonBond.

FCA US salaried employees with tyro loan debt, as good as employees with sovereign government-backed Parent PLUS loans, are now authorised to refinance these loans by a module with elite terms.

CommonBond tyro loan refinancing enables employees to reinstate existent loans with a new, reduce seductiveness rate loan that has award-winning patron service, clever borrower protections and a social promise. CommonBond is a usually association in financial or preparation with a one-for-one social mission. For each loan it funds, CommonBond also supports a preparation of a child in need.

“With so many people entering a workforce with tyro debt, FCA US is unapproachable to strengthen a joining to offer this rival and many indispensable advantage for a employees,” pronounced Barb Pilarski, Head of Human Resources, FCA – North America. “These advantages will yield FCA US employees a reduction dear means to compensate off tyro debt and support their trail to a sound financial future.”

The tyro loan refinance module is partial of a recently launched financial aptness beginning to yield FCA US employees with convenient access to critical financial resources, tools, links to FCA module offerings and more. 

With this new studen loan refinancing advantage offering, FCA US continues a tradition as a personality in providing attractive, innovative advantages to employees.

The Company was a initial U.S. automaker to offer domestic partner advantages to employees in 2000. Today, FCA US stays committed to charity a rival package of advantages that includes normal and discretionary advantage programs, such as fee reimbursement, on- and near-worksite health, practice and wellness opportunities, paid time off for proffer activities, worker new car squeeze or franchise during ignored rates, pet word and many others.

In Jul 2018, FCA US became a initial domestic automaker to dedicate a near-site health and wellness hospital for employees. Called a FCA Family Health and Wellness Center powered by St. Vincent, this physician-led, primary caring hospital exclusively serves some-more than 22,000 health caring members (employees and family members) in Kokomo and Tipton, Indiana.

“With a further of tyro loan advantages for a employees, FCA US is a personality in addressing one of a many distinguished issues confronting a workforce today: tyro debt,” pronounced Tara Fung, Vice President, CommonBond for Business. “Student loan advantages have emerged as a pivotal approach for companies to attract and keep tip talent, and we’re anxious to partner with FCA US to support a financial wellness of a employees.”

Student loan debt surpassed $1.5 trillion in a United States in 2018 and a normal college connoisseur joins a workforce currently with some-more than $37,000 in debt. As a result, tyro debt is one of a largest financial hurdles a new worker competence face.
 
About CommonBond for Business™

CommonBond for Business is a heading provider of preparation financial worker benefits. We serve companies with customizable solutions to assistance employees save and compensate for school, as good as repay tyro loans. CommonBond for Business works with over 250 partners, from Fortune 500 companies to flourishing startups. For some-more information, revisit www.commonbond.co/student-loan-benefits.
 
About FCA US LLC
FCA US LLC is a North American automaker formed in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles underneath a Chrysler, Dodge, Jeep®, Ram, FIAT and Alfa Romeo brands, as good as a SRT opening designation. The Company also distributes Mopar and Alfa Romeo tools and accessories. FCA US is building on a ancestral foundations of Chrysler Corp., determined in 1925 by attention idealist Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of a Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA).

FCA is an general automotive organisation listed on a New York Stock Exchange underneath a pitch “FCAU” and on a Mercato Telematico Azionario underneath a pitch “FCA.”

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