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Peanut Butter Reviews & Product Details - Page 9

Peanut Butter Overview

What is Peanut Butter?

Peanut Butter makes it easy for employers to offer student loan assistance as a benefit. Companies of all sizes look to Peanut Butter to administer student loan repayment plans and to provide employees with resources to manage student debt. When employers help, everyone wins! Employees get out of debt faster, companies are able to reduce days to hire, extend employee tenure, improve diversity, and increase engagement.

Peanut Butter Details
Product Website
Languages Supported
English
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Product Description

Peanut Butter administers student loan assistance programs to help employers attract, retain, and engage college-educated talent.

How do you position yourself against your competitors?

Peanut Butter is an independent benefit administration company build from the ground-up to make it easy for employers to offer Student Loan Assistance. Our singular focus is on the administration of this benefit and making it easy for employers to implement.


Seller Details
Company Website
Year Founded
2015
HQ Location
Chicago, ILLINOIS (IL)
Twitter
@peanutbutterget
636 Twitter followers
LinkedIn® Page
www.linkedin.com
13 employees on LinkedIn®
Description

Peanut Butter helps employers provide the top benefit desired by college-educated talent: student loan assistance in the form of resources and repayment plans. In doing so, Peanut Butter enables employers to reduce hiring timelines, increase employee tenure, and improve diversity, all while making a positive impact on employees’ financial futures. By providing personalized and easy-to-use resources to both the employer and the employee, Peanut Butter offers a service that is both financial wellness-forward and meaningful to everyone involved.


David A.
DA
Overview Provided by:
CEO, Peanut Butter Student Loan Assistance

Recent Peanut Butter Reviews

Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Seamless"
Once registered, everything happened automatically. Easiest process ever!
Junon J.
JJ
Junon J.Mid-Market (51-1000 emp.)
5.0 out of 5
"Peanut Butter has aided me in paying off my student loans completely."
It was easy to use and easy to sign up. With me still paying the minimum, it made my goal both achievable and attainable.
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Helped me pay off my loans 3 months early"
It was easy to set up, and once set up, it took care of itself. My extra payments helped keep the interest down, and I was able to close out my loa...
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Peanut Butter Media

Peanut Butter Demo - Peanut Butter Employer Experience
Employer Dashboard
Peanut Butter Demo - Peanut Butter Employer Experience
Employee Info Page
Peanut Butter Demo - Peanut Butter Employer Experience
Company Info Page
Peanut Butter Demo - Peanut Butter Employer Experience
Communications Toolkit
Peanut Butter Demo - Peanut Butter Employee Experience
Employee Invite
Peanut Butter Demo - Peanut Butter Employee Experience
Employee Loan Linking
Play Peanut Butter Video
Play Peanut Butter Video

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Video Reviews

125 Peanut Butter Reviews

4.9 out of 5
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125 Peanut Butter Reviews
4.9 out of 5
125 Peanut Butter Reviews
4.9 out of 5

Peanut Butter Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Peanut ButterQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Human Resources
UH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Peanut Butter?

It is such a nice added perk to have on top of all the other generous benefits my employer offers. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

It was a little difficult to initially set up. There were some initial account connectivity issues, and I was not able to get through on the support phone line. However, when I sent an email I received a prompt response. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

It has made me feel more supported by my employer, making me fee like the education I worked so hard on is important to them. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

We appreciate you sharing this. Glad to hear that Peanut Butter served as an efficient and simple way for your company's contributions to show that they value and care about you. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

SO
Finance Systems and Process Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Peanut Butter?

The customer service has been outstanding. When there was an issue posting to my account, PB was able to troubleshoot and solve the problem. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

Nothing yet.I have been a user for about six months. So far so good. Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

From an end user perspective, has been fairly seamless. The only recommendation have is to be sure that you take a look at your student loan account before the first payment to ensue that all your information is updated. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

The benefit is a hassle free employee perk. As far as I know, this is the first time my company has tried something like this. I feel like it is a win out of the box. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this, Sean! Glad you appreciate our HR support. We strive to serve as a simple way for you to show that you value your talented employees by contributing to their loans, so we're glad to hear that this was reflected in your experience. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Joseph G.
JG
HR Business Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Peanut Butter?

Easy. Everything was easy with Peanut Butter.

Most vendors offer a fancy sales pitch to get you in the door, and once through the door that pitch falls apart. You find the salesmen didn't understand the complex nature of your business, didn't understand your IT and Security requirements, underestimated the Go-Live requirements and timelines, and overestimated the impact on bottom line results.

Peanut Butter is the opposite. We were ready to implement a full 3 months early, THEY completed our extremely laborious and detailed IT and Security Questionnaires, and they were available for support from the time of our business case (a full 1.5 years before we launched and they ever saw a dime from us) to this very day. They want what is best for you and your employees, even if that sometimes means telling you that your gut assumptions are wrong.

Their system is easy. Sign-up is easy. Utilisation is easy. They keep it simple, so you and your employees benefit. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

This isn't Peanut Butter's fault, just a confusing aspect of the program. The payment shows up on an employee's paystub, and THEN the next month the funds get sent to their student loan. So out the gate it feels like you are paying out of pocket without getting anything at first.

On top of that, since it is a taxable benefit, employee's take home pay often goes down. A little shocking at first.

Only way to avoid that would possibly be an integration with your Payroll system, and some form of payment made through Peanut Butter automatically when deductions are received. Almost like an ACH transfer through multiple parties. Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

We looked at 3 vendors in total, and Peanut Butter was the clear winner. If you are looking at anyone else, I highly recommend you stop and just move forward with Peanut Butter. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

We are a Bank of over 50% Millennial. College education is expensive and crippling to the younger generations. As a Bank, we need people to have money to be able to deposit it, to get mortgages, and overall use our products and services.

We are both rewarding the hard work of our employees, lessening the stress of their every day lives, and opening the door for them to use our own products and services at a faster rate. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this, Joeseph! Glad you liked our easy implementation process and HR support. We’re happy you could help your job candidates and employees understand the value your company is providing through our student loan repayment program. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Cipriano John P.
CP
Sr. Recruitment Advisor- West Coast
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Peanut Butter?

I loved how efficient and easy it was for me to sign up and lock arms with Peanut Butter to help me pay off my Student Loans faster. I have never heard of a company like Peanut Butter before until their organization was introduced to us by our current CEO. I thought the idea was fantastic and wanted to partner immediately. Peanut Butter made it so much easier for me to pay off my loans faster with their monthly contributions. What a great conversation starter as well it has been talking with new/prospective hires we have added to our team over the past year about how awesome of an organization like Peanut Butter is to partner and lock arms with. Very intriguing idea that get people excited to want to work with us since we have such an awesome partner like Peanut Butter! Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

My bank account did not sink right away with Peanut Butter but after the Technical Support team stepped in and got involved the issue was resolved immediately. Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

Do it! The company is great, they have outstanding customer service, and their purpose to assist those in debt is amazing! Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

I did not experience any problems while working with Peanut Butter. The benefit was me just being able to pay off my loan faster! Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this, CJ! Glad to hear you found our digital enrollment and Refinancing Marketplace simple and easy to use. We strive to make our phone support team effective! I'm glad that your company's contributions made a difference for you. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

GM
Solutions Consultant
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Peanut Butter?

This was a simple and straightforward process, from start to finish. The user interface is straightforward and simple enough, not a lot of hands-on attention was needed. And the one time I did need to reach out, I had a great experience with customer service. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

Everything was great - there really wasn't a part of the process in signing up, using, and understanding what was happening with my account. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

My student loan is paid off, which is less stress, which means I have more energy to focus on the things that matter when I'm at work. It's all about balance, and this helped me find more work-life balance. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this, Gabrielle! We strive to make our digital enrollment and phone support easy and effective. I'm glad that your company's contributions made a difference for you by contributing to your student loan. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Sandra S.
SS
MSR-Lead
Banking
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Peanut Butter?

Peanut Butter was easy to sign up with & to keep track of my loan. It help me pay off my student loan faster which was a financial benefit. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

I can not say that there is a downside to using Peanut Butter. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

By having Peanut Butter payoff my student loan faster, it took some of the finical worries off my shoulders. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

We appreciate you sharing this, Sandra! We strive to make our digital enrollment easy to use. I'm glad that your company's student loan contributions made a difference for you. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Verified User in Construction
UC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Peanut Butter?

What I like best about Peanut Butter that it is such a simple program to implement and use from an employee/employer standpoint. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

Honestly nothing. I wish I could implement the allocation due to multiple student loans but that may not be possible. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

The value add for me is that I worry less about my loans. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Appreciate you sharing this! We strive to make our digital enrollment simple and easy to use. I'm glad that your company's contributions made a difference for you. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Andy S.
AS
Creative Director
Non-Profit Organization Management
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Peanut Butter?

I had the opportunity to work with David Aronson on a first-of-its-kind project in Clinton County, IA. I most admired and was thankful for, David's patience and commitment to our efforts. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

There is nothing I dislike regarding my experience with PB. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

We are partnering with PB on a talent attraction program leveraging student loan assistance. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this, Andy! Glad to hear that Peanut Butter served as simple way for you to show that you value your talented employees by contributing to their student loans. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Verified User in Online Media
UO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Peanut Butter?

Peanut Butter is so seamless and easy. Student loans and the process behind them can be so complicated it’s a reprieve to have a platform that makes the process so user friendly. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

I’ve never had any issues. Peanut Butter has always been responsive and helpful. Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

N/A Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

Additional contributions to my loans means debt free sooner! Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Appreciate you sharing this! We strive to make our Refinancing Marketplace simple and easy to use. I'm glad that your company's contributions made a difference for you. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Verified User in Health, Wellness and Fitness
UH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Peanut Butter?

I love that you can see where you are at with your loans and how it can help reduce your loans. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

I believe I have other student loans else where and it may be difficult to add them to my account. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

Reducing my student loans. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Appreciate you sharing this! Glad to hear you enjoyed our Contribution Tracking. We strive to make our Loan Management Dashboard simple and effective. To add an additional loan to Peanut Butter, just click My Loans, then Add Loan. You can track multiple loans and switch your employer's contribution from one to the other with a couple of clicks. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.