Personal Debt Never Higher and Savings Never Lower
American household financial statistics paint a frightening picture. As a country, or debt to income ratio has never been higher and the amount of money in savings accounts has never been lower (visualcapitalist.com). To be blunt, as a country, our personal finances are a train wreck.
Our bi-weekly payment plan automates bi-weekly payments, pays your loan off early and saves you money.
To be a bit more precise, our bi-weekly payment plan automates bi-weekly payments by electronically transferring money from your checking or savings account, to our FDIC bank, then to your existing lienholder. As a result, your loan is paid off earlier and you save a lot of money. You need to pay your debt off early because otherwise way too much of your hard-earned money will go straight to the lienholder in the form of interest payments. And that’s just a waste of your money!