An Early Payoff Plan Will Save You Money on Your Loan

We have helped hundreds of thousands of our members save tens of millions of dollars in interest that they would have otherwise paid to the bank.  When you take advantage of AutoPayPlus™ you will get out of debt faster and owe less on your loan. 

There are no gimmicks, it's just good math. 

Standard loans require one payment every month. With the AutoPayPlus™ bi-weekly service, half of the loan amount is automatically withdrawn from your account every two weeks*.  Over a year, there are two extra half-payments.  About every 6 months, we make a payment to your principal balance from the extra half-payments.  Try our loan calculator.

When you enroll in AutoPayPlus™, you sign up for the convenience and peace of mind in knowing your payments will be made on-time and applied correctly.

*See Terms & Conditions for actual payment schedules as lenders vary.
A 30-year fixed interest mortgage on a $250,000 home at 4% interest will be paid off 52 months early with a savings of more than $28,900 in interest. That's real money and more than 4 years earlier than the original term.
Loan Payoff CalendarAutoPayPlus has a payment plan to match your pay cycle.

Bi-weekly – Loan payments are electronically withdrawn every two weeks for a total of 26 half-payments each year. This gives you one extra payment toward the principal balance each year and can save you thousands in the long term on interest.

Weekly – Loan payments are electronically withdrawn once a week for a total of 26 half-payments each year. This schedule creates one extra payment toward the principal balance each year and provides the same savings in term and interest as the biweekly plan.

Bi-monthly – Loan payments are withdrawn on two fixed dates in a month for a total of 24 payments. In order to see savings in interest and term, this plan requires that the debit amount is more than a half-payment. Our team can help you customize a plan to meet your financial objectives.

Monthly – One loan payment is withdrawn per month for a total of 12 payments. In order to pay off your loan faster, this plan requires a debit amount that is more than loan payment amount. Our team can help you customize a plan to meet your financial objectives and use our loan calculator to estimate your savings.

 

Membership Benefits
  • Save money by paying less interest on your loan.
  • A faster way of building equity in your car or home.
  • Convenient automatic withdrawals that you fix and forget.
  • Match payments to your paychecks.
  • A great tool for budgeting and getting ahead.
  • Knowing your payments are being made using the safest and most secure methods.
  • Add More Loans. See More Savings. (Members can add unlimited household loans and bills)
AutoPayPlus™ Features
  • On time, every time PaymentPlus™ Guarantee.
  • Cancel anytime with no cancellation fee.
  • The lowest debit fees in the industry.
  • A secure online member portal to track your payments.
  • Enroll all household loans and bills under one membership.
  • A multilingual member services team ready to help you.