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Bi-Monthly Payment Plan
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Bi-Monthly Payment Program

 

 

   

The EquityDriver program offers the consumer a bi-weekly payment option allowing them to have half of their vehicle
payment electronically deducted from their bank account every two weeks. The customer makes 26 half payments per year, two of which are applied directly to the principal allowing them to accelerate the equity in their vehicle and shorten the term of the loan.

By utilizing the EquityDriver program the consumer can purchase additional products from the dealer while maintaining virtually the same monthly payment and keeping the loan term essentially the same as the original conventional loan term.

The EquityDriver bi-weekly payment program is a service that manages the consumer's loan payments. EquityDriver is NOT a lending institution, but works with any lender that finances the consumer's vehicle. The program restructures how the payment is applied to the lender without changing the current terms and conditions of the loan.

EquityDriver also offers a security-based customer verification process that validates the consumer enrollment information. Check the Contact Page on our web site for the NAC agent near you.

 

       
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