Let us help you during the holiday season by allowing you to skip your December's loan payment and the credit union will extend the term of your loan by one additional month.
In addition, we lowered the normal processing fee of $40.00 to $25.00. The following conditions must be met in order to qualify for a skip-a-payment:
- Loan(s) must have been paid for six months.
- Loan(s) cannot be over two month's delinquent.
- All loan applicants must complete and sign the skip-a-payment agreement before payment(s) can be skipped.
- The $25.00 processing fee must be paid on each loan before the payment(s) can be skipped.
- Only auto loans and signature loans can be skipped.
- Loan payment(s) can only be skipped 2 times during a 12-month period and cannot be skipped for any two consecutive months.