1. No such legal entity as "Loan Payment Administration" registered with the Ohio Secretary of State's business office.
2. The solicitation letter they sent has cites a license and bond as #OHMT29 as a footer. Well, which is it, a license number or bond number. And if a Bond, why not state the issuing insurance company?
3. There is no connection stated between the "license and bond" number and the Loan Payment Administration or Nationwide Bidweekly Administration, Inc. It likely a resustitation of some extraneous number to "make believe" legitimacy.
4. Even if one takes the example using the outstanding loan amount, why didn't the wizards use the interest rate that was stated on the original documents, which, by their own admission, they harvested from public documents? Answer: It grossly inflates the alleged amount of savings.
5. "...you will be asked to confirm that you understand that you are voluntarily waiving the interest savings... blah, blah, blah..." Yes, marketing geniuses, insult your potential customers. Even an Opra audience member would be insulted by this juvenile solicitation.
I'll bet the scamsters' parents are real proud of how their kids turned out. Sheesh!
I just wanted everyone to know because my concience is starting to get to me, as a manager here we do everything in our power to lie and decieve our customers to try and get them to enroll in our program to make money at your expense. We treat our employees with no respect and quite frankly it does not matter if they are happy because we hire weekly anyway and will just find your replacement. The team I have in place with Josh and Brian are the best "yes" men a guy could ask for. Together we will probably run this company into the ground because the owner Dan Lipsky doesn't want to bother himself with how we are doing things just as long as he is making money any way he can. We do not invest in education/training because we need to keep our trainer Jason busy by hiring often. That is why we have the highest turnover in the area. Now when customers get antsy about doing business with us we tell them to look at the Better Business Bureau because of our recent A+ rating. Unfortunately people don't understand that we pay for that rating, that's why it didn't happen until 2013. just ask yourself why we get sooo many complaints forom the attorney generals office to the BBB. By the way when you search our company name and see some of the positive reviews please don't be naive, we are told to spend time each day and write positive reviews using various names so we can try to balance out the actual ones by customers and employees. My time is up, hope you are smart enough not to work here or do business here. Good luck.
I used to work at Nationwide Biweekly Administration. I worked there over 2.5 years and made alot of money. They always gave me a hard time although I was making the company tens of thousands of dollars every week!!
They gave us set break time that we had to use. If you got stuck on a call and went 15 min past your scheduled break, you loose that break and have to wait another 3 hours before your next one. We could go on bathroom breaks any time but had to be back in 5 min or else they would call your name over the intercome for everyone to hear and sent out a search for you.
Well 3 weeks before I was fired, I had gone to the bathroom, 10 min breaks and even lunch as normal. When I got back to my cubicle, I found I was not logged into a break anymore. I know for a fact I was logging out of the phones for breaks, I had been there long enough.
When you are done with a break and get logged back on your phone you receive a call immediately. So, when the supervisors were logging me into my phone, knowing I was on a break, I was missing calls which is punishable by termination.
I brought it to my supervisors attention not knowing they all were doing it on purpous to set me up. He said ""Ill look into it"". a week later I brought it to his attention again. This was happening 3-5 times a day. Thats alot of missed calls. He said ""don't stand at your desk while in a break"" I walked back to my comp and he had logged me in while I was up there talking to him and I look back and saw him give me an evil smile.
I worked my whole shift one Friday. At the end of the day I get an email to go to his office (this is not unusual, this happens to everyone about 1-2 times a week for review)
I get in there and they tell me I am being terminated because My supervisor (yea, the same one) heard me tell a new person that I am missing calls on purpouse. They also claimed that they ran an audit on me and found that I had missed 150 calls in one week (that is 100% impossible) I asked to see the audit and he said you no longer work here and do not have permission to view company files.
He walked me to my desk where another sup had already put all my stuff in a box. My car was right outside the door by my desk. He made me carry the super heavy box all the way to the back of the building and walk around it outside in the snow to my car.
My experience with this program pretty much mirrors all other entries relative to this company. Home-byers, re-financers, etc. should ABSOLUTELY NOT PARTICIPATE in this program and immediately discard all of the many marketing communications you will undoubtedly receive from them. Their business practices are GROSSLY DECEPTIVE, BORDERLINE FRAUDULENT, and EXTREMELY MISLEADING in every aspect. I am also copying and pasting below some of the other entries in which are duplicative of my own experience:
‘First they made the offer letter look like it is associated with the lender. It came as soon as I had refinanced with the new lender. Then over the phone they never disclosed about the fee they will charge every time. THEY never said they WILL pay the lender once a month. THE worst thing as REPORTED wildly is the hidden $275 [disenrollment] fee which WAS NEVER ONCE disclosed over the phone.’
(It should be noted that each individual’s disenrollment fee is equal to one scheduled transaction. In my case, it was almost $400. Relatedly, their website lists a different phone number for disenrollment/deactivation than the original customer service number. When initiating the disenrollment process, I attempted the disenrollment-specific number and was kept on hold for 5 minutes and the line was eventually disconnected. I then tried the original customer service number and was connected to a representative within seconds.)
‘This [disenrollment fee] is NOT DISCLOSED ANYWHERE except in a fine print at the bottom of an online form contract you submit electronically. I submitted the form but never used their services, cancelling the bi-weekly program before NBA made any mortgage payment on my behalf. They still withdrew $275 from my account, claiming it then represented a ""lifetime enrollment fee."" I have absolutely no idea what this money was in exchange for, NBA has not provided me with any service.’
‘I have found out the hard way that they DO NOT pay the bank biweekly as IMPLIED, [STATED and ADVERTISED]. they pay themselves my money every two week[s], earn interest on this amount for themselves. then charge me a fee every time they withdraw MY money. Then pay the bank ONCE a month. Their way of lowering the principal is easy to figure out after some research. two months of the year have an extra biweekly payment which they withdraw is collected and kept , therefore in effect ONE extra payment goes to your bank every year to pay off the principle sooner’
In summation, all “services” offered by this program, which the customer pays for at an inflated and previously undisclosed rate, DO NOT BENEFIT THE CUSTOMER IN ANY WAY. You may learn to effectively manage the desired effect of minimizing mortgage/credit card/loan interest ON OUR OWN AND FOR FREE via research on sites such as wikihow, or by simply contacting your lender directly. It is BAFFLING to me that companies like this are not shut down and subsequently sued in mass tort claims.
Nationwide Biweekly Administration Reviews
All the hallmarks of a scam. STAY AWAY!
1. No such legal entity as "Loan Payment Administration" registered with the Ohio Secretary of State's business office.
2. The solicitation letter they sent has cites a license and bond as #OHMT29 as a footer. Well, which is it, a license number or bond number. And if a Bond, why not state the issuing insurance company?
3. There is no connection stated between the "license and bond" number and the Loan Payment Administration or Nationwide Bidweekly Administration, Inc. It likely a resustitation of some extraneous number to "make believe" legitimacy.
4. Even if one takes the example using the outstanding loan amount, why didn't the wizards use the interest rate that was stated on the original documents, which, by their own admission, they harvested from public documents? Answer: It grossly inflates the alleged amount of savings.
5. "...you will be asked to confirm that you understand that you are voluntarily waiving the interest savings... blah, blah, blah..." Yes, marketing geniuses, insult your potential customers. Even an Opra audience member would be insulted by this juvenile solicitation.
I'll bet the scamsters' parents are real proud of how their kids turned out. Sheesh!
I just wanted everyone to know because my concience is starting to get to me, as a manager here we do everything in our power to lie and decieve our customers to try and get them to enroll in our program to make money at your expense. We treat our employees with no respect and quite frankly it does not matter if they are happy because we hire weekly anyway and will just find your replacement. The team I have in place with Josh and Brian are the best "yes" men a guy could ask for. Together we will probably run this company into the ground because the owner Dan Lipsky doesn't want to bother himself with how we are doing things just as long as he is making money any way he can. We do not invest in education/training because we need to keep our trainer Jason busy by hiring often. That is why we have the highest turnover in the area. Now when customers get antsy about doing business with us we tell them to look at the Better Business Bureau because of our recent A+ rating. Unfortunately people don't understand that we pay for that rating, that's why it didn't happen until 2013. just ask yourself why we get sooo many complaints forom the attorney generals office to the BBB. By the way when you search our company name and see some of the positive reviews please don't be naive, we are told to spend time each day and write positive reviews using various names so we can try to balance out the actual ones by customers and employees. My time is up, hope you are smart enough not to work here or do business here. Good luck.
I used to work at Nationwide Biweekly Administration. I worked there over 2.5 years and made alot of money. They always gave me a hard time although I was making the company tens of thousands of dollars every week!!
They gave us set break time that we had to use. If you got stuck on a call and went 15 min past your scheduled break, you loose that break and have to wait another 3 hours before your next one. We could go on bathroom breaks any time but had to be back in 5 min or else they would call your name over the intercome for everyone to hear and sent out a search for you.
Well 3 weeks before I was fired, I had gone to the bathroom, 10 min breaks and even lunch as normal. When I got back to my cubicle, I found I was not logged into a break anymore. I know for a fact I was logging out of the phones for breaks, I had been there long enough.
When you are done with a break and get logged back on your phone you receive a call immediately. So, when the supervisors were logging me into my phone, knowing I was on a break, I was missing calls which is punishable by termination.
I brought it to my supervisors attention not knowing they all were doing it on purpous to set me up. He said ""Ill look into it"". a week later I brought it to his attention again. This was happening 3-5 times a day. Thats alot of missed calls. He said ""don't stand at your desk while in a break"" I walked back to my comp and he had logged me in while I was up there talking to him and I look back and saw him give me an evil smile.
I worked my whole shift one Friday. At the end of the day I get an email to go to his office (this is not unusual, this happens to everyone about 1-2 times a week for review)
I get in there and they tell me I am being terminated because My supervisor (yea, the same one) heard me tell a new person that I am missing calls on purpouse. They also claimed that they ran an audit on me and found that I had missed 150 calls in one week (that is 100% impossible) I asked to see the audit and he said you no longer work here and do not have permission to view company files.
He walked me to my desk where another sup had already put all my stuff in a box. My car was right outside the door by my desk. He made me carry the super heavy box all the way to the back of the building and walk around it outside in the snow to my car.
I filed for unemployment and they denied it.
My experience with this program pretty much mirrors all other entries relative to this company. Home-byers, re-financers, etc. should ABSOLUTELY NOT PARTICIPATE in this program and immediately discard all of the many marketing communications you will undoubtedly receive from them. Their business practices are GROSSLY DECEPTIVE, BORDERLINE FRAUDULENT, and EXTREMELY MISLEADING in every aspect. I am also copying and pasting below some of the other entries in which are duplicative of my own experience:
‘First they made the offer letter look like it is associated with the lender. It came as soon as I had refinanced with the new lender. Then over the phone they never disclosed about the fee they will charge every time. THEY never said they WILL pay the lender once a month. THE worst thing as REPORTED wildly is the hidden $275 [disenrollment] fee which WAS NEVER ONCE disclosed over the phone.’
(It should be noted that each individual’s disenrollment fee is equal to one scheduled transaction. In my case, it was almost $400. Relatedly, their website lists a different phone number for disenrollment/deactivation than the original customer service number. When initiating the disenrollment process, I attempted the disenrollment-specific number and was kept on hold for 5 minutes and the line was eventually disconnected. I then tried the original customer service number and was connected to a representative within seconds.)
‘This [disenrollment fee] is NOT DISCLOSED ANYWHERE except in a fine print at the bottom of an online form contract you submit electronically. I submitted the form but never used their services, cancelling the bi-weekly program before NBA made any mortgage payment on my behalf. They still withdrew $275 from my account, claiming it then represented a ""lifetime enrollment fee."" I have absolutely no idea what this money was in exchange for, NBA has not provided me with any service.’
‘I have found out the hard way that they DO NOT pay the bank biweekly as IMPLIED, [STATED and ADVERTISED]. they pay themselves my money every two week[s], earn interest on this amount for themselves. then charge me a fee every time they withdraw MY money. Then pay the bank ONCE a month. Their way of lowering the principal is easy to figure out after some research. two months of the year have an extra biweekly payment which they withdraw is collected and kept , therefore in effect ONE extra payment goes to your bank every year to pay off the principle sooner’
In summation, all “services” offered by this program, which the customer pays for at an inflated and previously undisclosed rate, DO NOT BENEFIT THE CUSTOMER IN ANY WAY. You may learn to effectively manage the desired effect of minimizing mortgage/credit card/loan interest ON OUR OWN AND FOR FREE via research on sites such as wikihow, or by simply contacting your lender directly. It is BAFFLING to me that companies like this are not shut down and subsequently sued in mass tort claims.