Frequently Asked Questions
Q. Will I still receive monthly statements from my lender?
A. Yes, but they are only for your record keeping. When you recieve your first lender statement/coupon book, all you have to do is mail, fax or call us with your account number We will update your account with the information you provide. That is it!
Q. What if I want to pay my loan off early or cancel my account?
A. Just give us a call. You may either cancel your account at no extra charge or transfer the program to another vehicle at no extra charge.
Q. Do I have to pay anything out of pocket now?
A. Absolutely not. There are no upfront costs. The program fee is deferred and paid from the extra bi-weekly debit, during the first year in the program. Once that fee is satisfied, the extra debits are sent to your lender, as principal payments, as soon as they occur.
Q. Why the Equity Advantage Program? Couldn't I do this myself?
A. Yes, but when was the last time you mailed in an extra car payment to your lender? By enrolling in the Equity Advantage Program, we will do it for you. You will have the simplicity of making half payments, that fit your budget. It is safe, automatic, and 100% successful. You will save hundreds of dollars in interest!
Sign up today and start saving!