Half a Payment

and shorten your mortgage, auto loan or lease, school loan, boat loan, personal loan, credit cards or any other interest-based loan by up to 15 years? Using our bi-weekly payment service, you will reduce your term by 8 years and save $98,400 in interest. You pick your debit day, and every two weeks we automatically debit your checking or savings account for half of the payment of your mortgage, auto loan or lease, school loan, boat loan, personal loan, credit cards or any other interest based loan you request. As illustrated on below, every 6 months an extra Half A Payment is automatically sent to your lender. This extra amount is credited to the loan principal only, allowing you to save thousands of dollars of interest and retire your loan several years earlier. BENEFITS
------------------------------------------------------
No More Checks:
Never write a check again or worry about mailing your payments. Immediate Enrollment:
You can complete your enrollment within 10 minutes. You can start today by signing up. Choice of Starting Dates:
Choose any banking day for your debits, from today up to six months in the future. If you are paid biweekly, use Half A Payment's flexibility to match your paycheck schedule. Payment History Tracking:
You can track your debit and payment history and make any account changes online 24/7. Safe and Secure:
Half A Payment is safer than writing checks because it eliminates the most common source of identity theft: stolen mail. It also adheres to Federal banking laws, which give you up to 90 days to reverse electronic debits due to fraud. Faster is Better:
Pay off your loans sooner and reduce debt faster. You can pay off your mortgage by up to 7 years, auto loans by up to 10 months, credit cards by up to 60 years and other loans and debt by up to 15 years. Save On Interest:
Early payoff reduces interest charges, over $100,000 on a typical mortgage alone. Selling or Trading?:
With Half A Payment you will own more than the finance company, which means you will be in a better position at time of sale. Improve Your Credit:
Half A Payment processes all the transactions electronically so that you will not be late on your payments and paying off your principal balance sooner improves your credit rating. Notifications of Debits & Payments:
You can choose to receive alerts via e-mail when debits occur and/or payments are sent to your lender. Green:
Half A Payment is proud to be a green company by reducing the use of paper checks, envelopes and postage. Half A Payment also reduces carbon and other emissions by decreasing the need to ship payments via regular mail. Match Paydays:
Match smaller payments to paydays and simplify your budget.