Drum Roll Please, We Are Now Independent

Published on Author Bethany Sims

As of this week, Purefy, formerly CordiaGrad is now an independent company! Our former parent company, Bank of Virginia, has sold Purefy to our founder, Jack Zoeller.

The divestiture will allow us “to execute a more aggressive strategy to transform the student loan market by delivering lower-cost loans to college graduates saddled by student debt.”

What this means for you:

  • New products and expanded services – stay tuned!
  • You can contact us in the same way; always feel free to reach out to your personal loan advisor with any questions. You can also contact us through chat, email or give us a call.
  • Your loan payment and/or application will remain the same.

Press release highlights:

“Purefy has reached an inflection point at which we can best accelerate our growth as an independent company,” said Zoeller. “Student loans represent a $1.3 trillion burden on the U.S. economy, a greater volume of debt than either auto loans or credit cards. By helping more people proactively refinance their student loans, we can provide financial security for a generation of young adults weighed down by student loan debt, and play an even bigger role in fixing a student loan system everyone knows is broken.”

To read the full press release, click here.

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