Colonial Transfer Benefits
By enrolling into the Colonial Transfer Payment Plan, it allows you to pay half of your payment every 2
weeks which applies 1 extra payment to the principal balance each year. These payments will be conveniently
debited from your checking or savings account.
The Payment Plan is designed to shorten the life of your loan. Enroll today and take advantage of the Colonial Transfer benefits listed below.
Potentially:
- Early Loan Payoffs: The payment schedule is designed to pay off your loan several months faster than the original term.
- Gain Equity By Accelerating Your Loan: This plan should reduce the principal balance at an accelerated rate by making additional payments throughout the life of the loan, which should increase the equity in your investment.
- Larger Trade-In Value: The Colonial Transfer Payment Plan should add equity simply because the loan payoff is several months faster than the original term.
- Convenient Automatic Payment Withdrawal: This feature will save you time because your payment will be automatically debited from your checking or savings account and transferred to the lender.
- Rest Easy: Sit back and enjoy the ride, gaining equity and convenient loan payments with Colonial Transfer.
*Disclosure of Changes, Payments, & Equity Acceleration: Change of dates and/or any schedules of payment changes can affect the shortening of Terms, or savings, or other program benefits.
Payments under the Plan are remitted from Consumers every two weeks for budgetary convenience and one extra payment benefit per year after all fees are paid.
Payments to lenders may be paid in one full payment versus biweekly. Any questions further contact Colonial Transfer at 866-882-3110 or refer to www.ColonialTransfer.com "Terms & Conditions" under "About Us".