Frequently Asked Questions
Frequently asked questions
If you are employed by one of the employers we work with, live in a state we are licensed in, have been employed for at least one year, are over 18 years of age, not active in the military, and do not have an open bankruptcy, you may be eligible.
It is simple to apply on-line.
On our website, click “REGISTER” and enter your employer in our search box.
There are no hidden fees. However, depending on the state and the program, there may be a one-time fee ranging from $0 to $49.
A payroll allotment is a specific amount automatically deducted from your paycheck and electronically deposited to your Firstnet savings account. This allotment is used to pay off your loan.
A payroll split direct deposit is a specific amount automatically deducted from your paycheck and electronically deposited to your Firstnet savings account. This split direct deposit is used to pay off your loan.
You can access your payroll system on-line at work and from home. If you cannot access your payroll system, speak with your payroll administrator or supervisor for assistance accessing your online payroll system.
Same day funding is available for applications approved and signed before 12:00 pm ET on a normal business day from Monday – Saturday (except federal holidays).
Funds are generally deposited via ACH for delivery next business day if approved and signed by 4:30 p.m ET on a normal business day from Monday – Saturday (except federal holidays).
If the next business day falls on a federal holiday, funding will occur on the following business day.
You can choose between direct deposits to your checking account or have a check mailed to you.
We do not pull your FICO credit score when you apply with us. However, we do report the payments you make or miss with us to the credit bureaus.
If you leave your employer for any reason, we will work with you to set up a payment plan outside the workplace. To make a payment call us at 866-299-0211 or make a payment online by logging into your BMG account.
You can access your account information such as balance, payment history, and eligibility, by logging in to your BMG account.
You can go on-line to access your account information, send us an e-mail: firstname.lastname@example.org or call customer service at 800.316.8507.
Please call our customer service line at 800.316.8507. For general questions you can also send us an e-mail: email@example.com or chat with us online.
Eligibility to reapply is primarily based on payroll deduction / allotment payments and income. However additional payments can be made to amortize your loan.