Here to Help

Direct Assistance Corp (DAC) is a financial assistance program designed to increase workplace productivity by providing employees access to user-friendly personal finance services, including:

1. Financial Education
2. Money Management Tools
3. Payroll Debit Cards
4. Emergency Advances

The #1 distraction in today’s workplace is employee finances. DAC helps alleviate financial stress by helping employees take control of their money.

Our financial education and online budgeting tools can help increase productivity by allowing employees to keep their finances organized. Our payroll debit cards help businesses avoid the cost, hassle, and environmental impact that come with printing and distributing paper checks. Our emergency advances ensure that business owners won’t have to handle direct requests for pay advances; they will have peace of mind knowing that their employees don’t have to live paycheck to paycheck.

This free benefit will also help employees know that their employers care about their financial well-being, creating a more committed work environment, which then can lead to increased productivity.

Contact us today at 1.888.532.2435 and request a free consultation. Every month we run promotions for new businesses that sign up!

Our services are completely free. Our implementation process is designed to make choosing DAC quick and painless for the businesses we serve. All we require from you is a little time and a desire to help your employees gain control of their finances (and help yourself a little along the way!).

We looked high and low for the right company to provide employees with the best financial education available and are proud to partner with 8 Pillars. We’ve found that 8 Pillars’ content and delivery is second-to-none in providing quality financial information.

By signing up with DAC, your employees will have free access to the e-book, 8 Pillars of Financial Greatness ($20 value) and other online materials (including interactive learning modules, financial calculators, and articles).

Employees who have their finances in line are statistically more productive, have better workplace attendance, are more satisfied with their pay, and feel more committed to the organization they work for. According to The Federal Reserve, “The average employee spends 28 hours each month worried about, calculating, or stressing over finances, costing employers $5,000 a year in lost productivity.”

According to a Workplace Options survey, 40% of employees thought it was important for employers to offer financial education, and 60% said they would take advantage of financial education if it were offered.

Employees will have access to quality, interactive financial information which will help them with the sometimes confusing and challenging task of setting and then working toward personal financial goals. They will learn how to responsibly manage their money.

Any employee registered with DAC can access the financial education program by logging into our website (directassistancecorp.com) and clicking the “Financial Education” button. Questions about navigating the website can be directed to customer service, 1.888.532.2435.

1. Establish a financial peace account
2. Organize and automate your financial life
3. Break free of debt and build your credit score
4. Create a proper insurance and estate plan
5. Set up a successful investment plan
6. Make your home a wonderful aspect of your financial life
7. Maximize your lifetime earning potential
8. Get perspective by giving to others

We have partnered with Money Desktop to offer budgeting and financial planning tools at no cost to anyone registered with DAC (non-DAC customers pay $19.95/month for this service).

Employees will be able to sync the Money Desktop system with their bank accounts, so that all transactions are categorized and put into effective and simple management tools.

Employers who offer their employees access to our budgeting program have found that it has helped their employees feel more confident about their finances, which has a dramatic effect on the workplace.

Anyone who manages and keeps a budget is 68% more likely to get out of debt and stay out of debt. However, according to Harris Interactive, 42% of Americans don’t follow a budget.

With our online budgeting tool, we make this easy. The user-friendly system walks users through the system to get started. After the budget is set, users are not required to spend hours every week keeping their budget in check, as everything is automated with Money Desktop. We help them set up the budget and then monitor it to alert them when they get close to exceeding their budget.

We have provided accessibility at no cost to your security. Although our tools are online, we use the most up-to-date and secure portals available to keep your financial information and identity safe.

Employees can access our online budgeting tools on their DAC main login page. After logging into their account, employees just need to click the “get started” button under the “Money Management Tool” section. This will direct them to their personalized Money Desktop page where they can build and manage their budget.

An estimated 20% of American employees are not qualified, unwilling, or unsure of how to set up a traditional bank account to receive their direct deposit, so businesses have generally had do deal with the costly hassle of paper checks. DAC has provided a solution to this problem by providing payroll debit cards (or “plastic paychecks”) for any unbanked employees of our business clients.

Our payroll debit cards only need to be distributed once, which means the employer doesn’t have to deal with the usual distribution hassle of payday ever again. A company with 100 employees receiving paper checks, at an average cost of $1.35 per check, paid twice monthly, will cost employers $3,240 annually!Through the use of this card employees will no longer have to leave work to go cash a check.

Using payroll debit cards instead of paper has the side benefit of helping your business be more environmentally responsible. When Wal-Mart moved all their paper check employees to debit cards in September 2009, they saved 257,572 pounds of paper the next year. That’s more than a few trees (and a few dollars) preserved.

Employees gain immediate access to their money on their card on payday, which is far more convenient that paper checks. No more having to come in on your day off just to pick up your paycheck or wasting your break time in line at the bank or check cashing store!

Our payroll cards also save money for people who are generally paying fees at banks and check cashing stores to cash their paychecks. According to The Wall Street Journal, “Over a lifetime, the average full-time, unbanked worker will spend more than $40,000 just to turn his or her salary into cash.”

For employees who already have direct deposit, there are advantages to switching to our payroll debit card as well. While all employees registered with DAC have access to emergency advances, those with our debit card can receive their pay advances immediately, instead of having to wait until the next business day. Employees with our payroll debit card also avoid NSF fees that may be charged by their current bank.

Every employee can qualify to receive direct deposit on our payroll debit card. We've worked hard to ensure that enrolling for the program is a quick and simple process.

We have partnered with Paycard USA to offer businesses and their employees our payroll debit cards. They can be used anywhere that MasterCard is accepted and the funds are backed by the FDIC-insured Palm Desert National Bank.

There is no fee for just having the card issued to employees of businesses we serve.

Certain card services (such as money transfers and ATM withdrawals) may require fees, please see the paperwork that comes with the card in the mail for specific details.

If you are enrolled with DAC, you can login at www.directassistancecorp.com and then click on “Order Card” (on the button for “Payroll Debit Card”). After filling out a brief application, you’re good to go!

The card will be mailed to you and generally takes 5 to 10 business days to arrive. Once you receive it, simply call the number provided with the card to activate and contact your payroll department with the listed direct deposit information.

According to The Wall Street Journal, 70% of Americans are living paycheck to paycheck. This means that the majority of your employees or coworkers are one unexpected expense away from financial crisis. Here at DAC, we understand that financial needs come up from time to time that can’t wait until next payday. We also understand that while employers would like to help their employees, they don’t want to have to deal with requests for pay advances.

In order to avoid employees from turning to costly payday loans, bank overdraft programs, or the embarrassment and hassle of asking their boss for a pay advance, we provide a basic pay advance service. For a small fee that is paid back on the employee’s next paycheck, we are able to provide these advances at a fraction of the cost they would have to pay at a payday loan store or to their bank if they overdrew their account.

Anyone who is registered with DAC and receiving direct deposit from their employer is qualified to get an emergency advance. This service is available whether direct deposit is going onto one of our payroll debit cards or any other bank account/card.

Employees can request a pay advance either by logging into their online DAC account and filling out the form at the “emergency advances” button or by calling our customer service line at 888.532.2435. Once their information has been verified, we will send the money to their account. If they are using our payroll debit card, the money will be on the card within 15 minutes of approval; if they are using a different bank account or card, the money will be available the morning of the next business day.

On the date of the employee’s next paycheck, we will automatically withdraw the amount advanced as well as a flat fee of $15 per $100 borrowed.

Since we only offer pay advances to DAC-registered clients, we know that anyone requesting an advance is employed at a reputable business. We can also easily confirm that the advance will be paid back from the account that the employee is receiving direct deposit into. Since DAC-registered employees are lower risk than the typical payday loan customer, we can offer the low flat rate instead of the high percentage APR of a payday lender.