What are bi-weekly payments?

What Are Bi-Weekly Payments?
 

We offer flexible payment options designed to help you save money and pay off your auto loan faster. One popular method is bi-weekly payments, which simply means making half of your monthly payment every two weeks instead of a full payment once a month.

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• You make 26 half-payments per year (equivalent to 13 full payments, not 12).

• This extra payment goes directly toward your loan principal.

• Bi-weekly payments align with most people's paychecks, making budgeting easier.

• Payments are automated, helping you avoid late fees or missed due dates.

• Your loan is paid down faster without needing to make a lump sum.

 

Why Bi-Weekly Payments Are Beneficial?

Choosing bi-weekly payments through Equity4u.com can help you save money and reduce debt more efficiently. It's a small change that leads to long-term financial advantages.

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• Pay off your auto loan months faster than with monthly payments.

• Reduce the total interest paid over the life of your loan.

• Build equity in your vehicle more quickly, which can improve trade-in or resale value.

• May improve your credit score by showing consistent, on-time payments.

• Gives you a simple and structured path to becoming debt-free sooner.

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Let us help you set up a smarter payment plan and save you more money!