Nationwide Biweekly Administration Passes Independent Audit: Results Verify that People Save Thousands off Interest Payments

Online, September 7, 2010 (Newswire.com) - Nationwide Biweekly Administration (NBA) announced today that it has passed an independent audit of internal procedures. The audit was voluntarily commissioned by Nationwide Biweekly Administration to demonstrate that it operates with one hundred percent integrity in four important areas:

• Accurate savings estimates
• Funds are protected by FDIC insured Mercantile banks
• Funds are remitted to lenders on time
• Our programs operate as indicated in contracts

"We believe in operating with integrity and transparency," stated Dan Lipsky, president of Nationwide Biweekly Administration. "We understand that entrusting us to reduce unnecessary interest payments and shorten the length of their mortgage, and other types of loans, is a big decision for people. They deserve to know that we will do what we say we will."

Nationwide Biweekly commissioned the firm of Flagel, Huber, Flagel & Company (FHF) of Cincinnati, Ohio to audit its internal procedures. FLF is a professional CPA firm accredited by the Association of Certified Fraud Examiners. They conducted an internal audit in accordance with the attestation Standards established by the American Institute of Certified Public Accountants.

Dan Lipsky stated, "We took the extra measure of the verified professional audit to give our clients confidence, peace of mind and the extra assurance that our biweekly interest savings programs perform exactly as advertised. No other biweekly administrator backs up their offerings like Nationwide Biweekly Administration."