Easy Pay & Save

Easy Pay & Save

There is a better way to pay your loans. The Easy Pay & Save way!

Example

     The Old Way

Monthly Payment: $2,000
 

  Easy Pay & Save

Bi-weekly Payment: $1,000

 

 
Interest Savings: $0
Pay off loan early: 0
Credit Score Boost: 0pts
 
Interest Savings: $100,066 ($4,170 avg/yr)
Pay off loan early: saved 5+ years
Credit Score Boost: +36pts


Free with membership

How it works

It works by changing your monthly loan payment into a biweekly payment. For example, one $2,000 monthly mortgage payment is transformed into $1,000 every two weeks.

Easily view your estimated savings before you enroll an eligible loan. Once enrolled, Easy Pay & Save will automatically make your loan payments biweekly instead of once per month.

The results are amazing and dramatic. You can save tens of thousands in interest, build equity much faster and even increase your credit score.

Easy Pay & Save managed by:

 National Payment Network

National Payment Network, Inc. is the nation's leading provider of loan acceleration programs. With a
reputation for trust, accuracy, and security. Your payments are always on time!

Frequently Asked Questions

What is Easy Pay & Save? »

A payment accelerator to save you thousands in interest, build equity faster and increase your credit score. When you enroll your loan(s) with Easy Pay & Save, it will automatically make your loan payments bi-weekly instead of once per month.

SmartCredit has partnered with National Payment Network ('NPN'), the nation's leading provider of loan acceleration programs gives you Easy Pay & Save. With over $3 billion in loans processed and over $45 billion in consumer transactions, NPN has built a reputation for trust, accuracy and security. Your payments will always be on-time.

How does paying bi-weekly pay off my loan sooner? »

By paying half of your monthly payment every two weeks, you will make an extra monthly payment on your loan each year. As a result, your loan will be paid off sooner than the estimated period saving you thousands in interest, build equity faster and increasing your credit score.

What happens if I am currently enrolled in another automatic loan payment program? »

You will need to cancel your other automatic loan payment program for the specific loan account you enrolled with Easy Pay & Save.

What happens after I enroll? »

Once enrolled, you will receive an e-mail as well as a welcome letter to the address on file with SmartCredit.com, confirming your enrollment.

To make changes to your existing enrollment(s), simply contact NPN at (877) 598-1544 and a friendly customer support representative will assist you.

Is there a cost to enroll? »

No. With your SmartCredit.com membership, Easy Pay & Save is offered at a special promotion where there is no upfront cost to enroll. Other lenders typically charge an enrollment fee of up to $500.

Are there additional benefits? »

You can simplify your finances and budgeting with convenient bi-weekly payments. All payments are made electronically, so you no longer have to write and mail your checks. Never have a late payment again! Additional benefits include:
  • Pay off loans faster
  • Reduce interest charges
  • Improve asset equity
  • Increase your credit score

Is it safe? »

Absolutely.

NPN employs the industry's best technology and banking practices to ensure the security of your payments. NPN has partnered with the nation's leading financial institutions so that you can feel secure knowing that your bi-weekly payments are handled accurately and professionally.

Are my funds FDIC insured? »

Yes. NPN stores all client funds in FDIC insured accounts with qualified banks and other bank partners to provide customers with maximum protection.

What if the loans are sold or refinanced? »

Easy Pay & Save provides a lifetime enrollment of the loan, which can be transferred if the loan is sold or refinanced. This also applies to other additional loans, allowing consumers to maximize their savings without any additional enrollment fee.

Does Easy Pay & Save work with adjustable-rate mortgage? »

Yes. Easy Pay & Save works with every type of loan, including adjustable rate mortgage. On the enrollment form, you will indicate when the loan will adjust and NPN will alert you 60-days in advance to make any needed adjustment.

Can Easy Pay & Save be stopped or restarted? »

Absolutely.

As a member of SmartCredit.com, you can stop and restart your Easy Pay & Save enrollments any time at no cost. Typically, other lenders charge an enrollment fee of up to $500 and a cancellation fee of up to $200.

How can I cancel my Easy Pay & Save enrollments? »

Very Easy. Just go to the Enrollment Center found under the Easy Pay & Save app. There you can select the enrollment you would like to cancel. Once cancelled, you will receive an e-mail and a cancellation letter in the mail to the home address you designated with SmartCredit.com.

Because of your membership with SmartCredit.com, Easy Pay & Save is offered at a special promotion where there is no upfront cost to enroll or cancellation fee. Typically, other lenders charge an enrollment fee of up to $500 and a cancellation fee of up to $200.

Easy Pay & Save ('EPS') Disclaimer: EPS is an application developed in partnership with National Payment Network, Inc. They manage all EPS enrollments, customer service, bi-weekly payments, cancellations, or modifications to any enrollments in EPS you may make. They also manage your FDIC insured savings account for EPS enrollments. Interest saving, equity advantage and score boost are all estimates and are for educational purposes only. These estimates are not guaranteed and your results may vary considerably depending upon many factors, such as your ability to make timely bi-weekly payments on EPS enrolled loans and other unrelated factors that may change your credit over time.