Accelerator Program: Can I set my payment to be split in half with one half taken out of my account automatically every 2 weeks?
Yes. By doing this, you will make 26 half payments, or 13 full payments instead of the normal 12 payments each year. By paying the 1 extra payment per year, you will shorten your loan substantially, saving you up to tens of thousands of dollars depending on your loan amount and how long you originally financed your loan.
Related Questions
- Accelerator Program: Can I set my payment to be split in half with one half taken out of my account automatically every 2 weeks?
- When I terminate the TERI program and choose to receive my account balance in a single-sum payment, will any taxes be taken out?
- Can I set up my account so that the monthly subscription payment is automatically deducted each month?
