AID, the insurance company that manages millions of Americans’ investments, is offering a $25 for each $1 of personal savings the borrowers make.
The $25 is for the first $2,000, and $50 is for $5,000.
AID’s website says borrowers who qualify can save up to $10,000 a year for a minimum of 10 years.
It also offers to help them pay down debt.
The company’s website lists several reasons borrowers could use the program, including: needing to refinance a loan, to build a cushion against future losses or to pay down existing debt.