Our Mission

We believe that paying off student loans shouldn't be a burden—it should be rewarding. Fred is revolutionizing how people tackle their student debt by rewarding them for making loan payments and everyday spending.

The Problem We're Solving

Over 45 million Americans carry student loan debt, totaling more than $1.7 trillion. The average graduate leaves school with $30,000 in debt, and traditional repayment methods can take decades to pay off.

We realized that if people could earn rewards for paying their loans, they could be motivated to pay them off years faster and get rewarded for their financial responsibility.

Total Student Debt $1.7T
Average Debt per Graduate $30K
Americans with Student Loans 45M

Innovation

We're constantly pushing the boundaries of what's possible in fintech to create better solutions.

Empathy

We understand the stress of student loans because many of us have been there too.

Trust

We're committed to transparency, security, and always acting in our customers' best interests.

Ready to Join Our Mission?

Help us revolutionize how people pay off their student loans.

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