Refinancing Distressed Private Student Loans - Robert Kiyosaki, Laine Schoneberger

Student loan debt has become a major issue in the US, with millions of borrowers struggling to repay their loans. While federal loans have some protections, private loans are often more challenging to manage. That's where Laine Schoneberger's company, Yrefy, comes in. In this week's podcast episode, Schoneberger discussed with Robert how his company helps borrowers with private student loan debt and offers investors the opportunity to invest in a portfolio of these loans.

💼 Yrefy is helping distressed borrowers by negotiating down the price of their debt and offering custom-built loans with low fixed interest rates.

🎓 The average borrower is only charged a fixed interest rate of 3.9%, significantly lower than the rates offered to investors.

💰 Investors can fund these loans and earn fixed interest rates ranging from 6.25% to 10.25% while benefiting from a liquidity feature that allows for early withdrawal without penalty on the principal amount.

🗣️ Laine Schoneberger, the chief investment officer of Yrefy, emphasizes the humanitarian efforts to help distressed borrowers and provides insights into the impact of potential student loan forgiveness policies.

📈 Yrefy also offers opportunities for investors to benefit from the solution by providing alternative options in a fixed-income portfolio with the potential for impact on credit scores and financial stability for borrowers.

-----

+++Want to know the secrets of the rich? Learn the “money rules” that rich people use to protect & grow their wealth during economic turmoil by subscribing to Rich Dad's Wealth Experts

-----

-----

Facebook: @RobertKiyosaki

Twitter: @TheRealKiyosaki

Instagram: @TheRealKiyosaki

-----

Please read carefully.

This is not financial advice. You may be asking, “What does that mean?”

Let me explain…

Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.

We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.

Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

-----

Skip the waitlist and invest in bluechip art for the very first time by signing up for Masterworks

Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.

“Net returns” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures

Masterworks’ offerings are filed with the SEC. View all past and current offerings