Automotive Loans

The Best Route to Paying Off Your Car

Finally there’s an aftermarket service that doesn’t require a mechanical breakdown or financial catastrophe before providing benefits. The CustomPay Biweekly Automotive Payment Plan can help you simplify your monthly budgeting, pay off your loan faster and accelerate your equity.

Enrolled customers derive true benefits from:

Matching payments to paychecks
Faster loan pay off
Consistent, on-time payments
Eliminating “upside down” situations
Improving credit rating

Frequently Asked Questions

What if I plan to sell or trade-in my car early?

This payment option helps you pay off your loan or lease faster; ultimately improving your financial position when you trade-in or sell your vehicle.
Are there additional benefits?

You can simplify your finances with smaller, more frequent payments. Even better, all Biweekly payments are electronic so you no longer have to write and mail checks.
Is there a cost to enroll?

There is no up-front cost to you. All program fees are simply deducted from the prepayments made while on the program.
How does paying Biweekly pay off my loan sooner?

By deducting half of your monthly payment every 2 weeks, you will gradually make extra payments on your vehicle. As a result, your loan or lease is typically paid off several months faster.
Is it safe?

NPN partners with leading financial institutions, including Wells Fargo Bank and M&I Bank to ensure the security of all payments. You can feel secure knowing that your Biweekly plan is handled with professionalism and accuracy.
What happens after I enroll?

Once enrolled, you will receive a welcome letter in the mail confirming your enrollment. If you ever need to make any changes or cancel the plan for any reason, simply contact NPN and a friendly customer support representative will assist you.

Comparison Charts

Estimated Savings Example I $30,000 loan • 12% interest rate • 5 years

Loan Terms	Biweekly Payments	Monthly Payments
Loan amount	$30,000	$30,000
Interest rate	12%	12%
Payment amount	$335.34	$670.67
Time to repay	55 months	60 months
Eliminated payments	5 months	0 months
Increased equity in 3 years	$1,600	$0
Increased equity at pay off	$3,000	$0

Estimated Savings Example II $25,000 loan • 10% interest rate • 6 years

Loan Terms	Biweekly Payments	Monthly Payments
Loan amount	$25,000	$25,000
Interest rate	10%	10%
Payment amount	$232.54	$465.08
Time to repay	66 months	72 months
Eliminated payments	6 months	0 months
Increased equity in 3 years	$1,000	$0
Increased equity at pay off	$2,300	$0

For more information about using CustomPay to pay off your car, please contact us through the online contact form.