How It Works

Loan payments are generally made on a monthly basis. Instead, our biweekly programs electronically deduct half the monthly payment every two weeks. This simple restructuring of payments generates 26 half-payments which translate into 13 full payments over the course of each year.

The two “extra” debits occur approximately every six months and are forwarded to the lender to be applied against the principal portion of the loan. This reduces the loan balance and, therefore, the amount of interest paid as well.

Statistic tell us that most Americans do not consistently pre-pay their loans. Over the years, EAC has provided the structure needed to produce significant benefits that are only achieved by sticking with it for the duration! Our efforts have helped to increase the number of Americans accelerated their debt payoff from non-existed to almost 20%...and growing.

Additionally, our programs help to maintain or imrove credit standing by keeping people on track with their payments. Proffesional customer service "advocates" are available to assist our clients in communicating with their lenders. We simply take care of it all!