Just a reminder that today is the last day to make your savings election for the March commission run. All submissions received before midnight on March 26, 2008 will be eligible to earn 10% interest on accrued commissions. (This even pertains to those agents whose check is below the $50 minimum check amount). Not only does this savings plan help you earn more money from Commission River, it helps us ease the migration from our old bank to our new one. We expect our new line of credit to be established in the next 2 weeks at which point our financial lives will return back to normal. However, after receiving so much positive feedback about the savings plan, we've decided to leave the program in-tact indefinitely for your benefit.
The first interest payments were paid to agents who saved their March paychecks on April 15. In total we paid out hundreds of dollars in "free money" to agents who volunteered to save all or part of their commission checks. For these agents, that interest is now earning interest!
All of these agents who have stepped up to the plate when we needed them are already making a huge difference, giving our company the ability to walk away from unfavorable banking relationships that we inherited from the previous management. We look forward to continuing to pay our agents a whopping 10% yearly interest instead of paying it to unfriendly banks. We are taking our company back one month at a time!