Make Bi-Weekly Payments


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Monthly Payments

Monthly Payment
Total Interest
Months to Pay Off

Bi-Weekly Payments

Bi-Weekly Payment
Total Interest
Months to Pay Off
We understand that debt can sometimes seem overwhelming. Call us at 1-866-264-6421 so that we can explain options that we have that may be able to help you out.

One popular strategy for accelerating the payoff of a loan is to make 'bi-weekly' payments. Under the bi-weekly plan, you will make payments to your lender every two weeks instead of monthly of half of your monthly payment. One important thing to note here is that this method will result in you making 26 payments each year, which is two more than you would make if you made a payment on the 1st day of the month and middle of the month, so you will have to budget accordingly. By making bi-weekly payments, you will comparatively make an extra monthly payment each year which will reduce your amount owed. By making payments every other week, you will also save a bit on interest charges for the outstanding loan balance that would normally still be there until the end of the month.