What if you used automated bill payment as more than just a fancy way to save on stamps? What if you could use it as a debt management tool to help you get out of debt faster, save on costly interest payments, and help you build equity faster?
Actually, you can.
Standard automated bill payment offers a number of benefits including:
- Convenience — less time and hassle writing out and mailing bills.
- Credit protection by avoiding late or missed payments.
- Ability to keep track of your loans and bills in one place.
- Money savings by avoiding costly late fees.
- An eco-friendly alternative to paper bills, checks and mail delivery.
- No paper invoices to be intercepted by identity thieves.
The AutoPayPlus Difference
AutoPayPlus offers all of these benefits and another important advantage that most other bill payment services don’t. AutoPayPlus will set up and implement an accelerated debt reduction payment schedule with each of your lenders to get your debt paid off by whatever date you choose — potentially helping you build valuable equity faster and reduce total interest payments over the life of the loan.
Many lenders don’t make this easy. And why would they? After all, they profit by dragging out your loan repayment for as long as possible. More time to payoff = more profit in interest payments for them. But we’ll work with each of your lenders and follow every extra dollar to make sure it’s being applied to your advantage — lowering your principal, instead of going toward next month’s bill.
We’ll help you pay down your mortgage, car loans, student loan and credit cards — even if they’re all from different lenders. With a one-time startup fee, you can enroll as many loans and household bills as you’d like for up to 6 months. If you want to help your kids or other qualified family members get out of debt faster, you can add their loans under the same enrollment so they can get out from under the burden of debt too. And if your circumstances change, and you want to revert to your original repayment schedule at any time — no problem!
Additional Benefits with AutoPayPlus:
- Flexibility to accelerate payments to principal that are designed to pay down debt and build equity faster.
- Access to a personal loan consultant to design a custom plan to get you out of debt by whatever date or age you specify.
- No late payments. No late fees. Ever.
- Free online access to your TransUnion VantageScore so you can stay on top of your credit.
- Free credit alerts and monitoring to protect your credit.
- Make saving a family affair — sign up loans for qualified family members with no additional up-front fees during your 6-month open enrollment period.
With APP, you’re more than just a customer, you’re a client. We want to be your personal debt management service. And our job isn’t done until you reach your debt reduction goals. We’ll be with you every step of the way until your Debt Freedom Day.
Automated bill payment with a big PLUS to help you get out of debt faster. AutoPayPlus is your debt management solution.