Can i do this through my bank?
Yes you can!
Why didn't my bank tell me about this?
The bank makes money by giving out loans and charging finance charges.
This option is avalable, but is not well marketed. Because if you pay off the loan sooner they will make less finance charges.
FAQ
Why should i do it with Biweekpay instead of my bank?
You're bank will take the payment and apply it to the princaple and the intrest. Which will not save you any finance charges and it won't shorten you're loan term.
We apply the extra payment to the princaple every 6 months. This will pay the loan down faster and save on finance charges and shortens you're loan's term.
Why should my agency Biweekpay offer Biweekpay?
Extra source of income.
A valued service for your client's. This save's you're clients money, creates loyalty and bring in more client's.
You're compotition does not have thi yet.
What is the benifits of doing Biweekpay?
Pay off your loan faster, save on finance charges, protects and improve you're credit rating and convinence. No check writing or mailing.
Most people are paid Biweekly this will match your bills to your pay cycle. This is easier for you to manage your finance's.