After you are enrolled, you will have 24/7 access to your account. That is what makes us the best! In a few days, you will receive a welcome email letting you know that you are up and running. When you have time, log into your account and verify all of your account information. If there is anything you want to modify, you can do it at that time. At any time, you have full access to the following features:

• Change your debit amount

• Change your debit day

• Change your banking information

• Change your address

• Change your password

• Change your email account

• View your account history

• View the upcoming debit calendar

• Suspend Activity on your account

• Delete from the Program
   

Loan Payment & Debit Process:

Biweekly funds are electronically debited from our client's account through an Automatic Clearing House (ACH), following government regulated banking procedures.Those funds are then deposited into a FDIC-insured bank and held in a non-discretionary escrow account solely for the purposes of making client loan and principal payments.  Monthly payments are then automatically transferred from the escrow account to the client's lender, with an additional principal payment made approximately every six months. As stated above, one "extra" debit occurs approximately every six months. This process continues until the entire balance of the loan has been paid off, or until the client terminates their commitment with the National Interest Reduction Savings Program.

Fund Activity:

All client funds are transferred and held in escrow by Everbank, a division of Everbank Financial Corporation (www.everbank.com). Everbank has over $3 billion in total assets and is a private holding company headquartered in Jacksonville, FL with 1,500 employees and 385,000 customers nationwide. Everbank is a FDIC-insured federal savings association (FDIC Certificate # 34775).
Client accounts are debited using ACH, (Automated Clearing House) according to the rules and regulations set forth by the National Automated Clearing House Association. The ACH Network is a nationwide electronic payments system used by more than 20,000 participating financial institutions, over 3.5 million corporations and 100 million consumers. Information about NACHA can be found at www.nacha.org.  All client funds are held and dispersed by Everbank via ACH.