Bi-Weekly Payment Protection Program
A bi-weekly payment plan allows you to pay your car payment by having your checking or savings account debited for 1/2 of your car payment every 2 weeks. Instead of making 12 monthly payments, you make 26 half payments, which means that 1 extra car payment per year is applied to principal reducing the term of the loan and accelerating equity.

Home mortgage companies have been successfully offering bi-weekly programs for many years to home owners — you may even be one of them.

Consumer Benefits:

  • No Up-Front Costs
  • Convenient Automatic Debits
  • No Missed Payments
  • No Late fees
  • No Credit Damage
  • Equity Acceleration
  • Term Reduction
  • Interest Savings
  • Depreciation Savings