A Biweekly Loan Plan Will Save You Time and Money.
We have helped 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.
How Does a Loan Payment Plan Save You Money?
Standard loans require one payment every month. With the AutoPayPlus™ bi-weekly loan payment service, half of the loan amount is automatically withdrawn from your account every two weeks*.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. Weekly, bimonthly and monthly payment options are also available.
Try our loan savings 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.