Need a little extra cash for the holidays? You may be eligible to
skip your November and/or December loan payments. There is a $25.00 fee per loan, per month being skipped.
Restrictions apply*. Fill out the Skip-A-Pay form by
DocuSign to apply:
*The following loan types are not eligible for this promotion: Visa Credit Cards.
Overdraft Lines of Credit, Home Equity Loans or Mortgage Loans. Must be a
member in good standing with loan(s) current to participate in the Skip-A-Pay
promotion. Loan(s) must be at least 6 months old to be eligible with
no prior loan extensions granted during the 2021 calendar year. Interest will
continue to accrue on the unpaid balance of the loan(s) during the deferral
period, which will result in a larger than normal amount of the January
payment being applied to interest. Skipping your loan payment(s) will extend the
term of the loan(s). Next payment will be due beginning the month following the
deferral on the originally agreed upon due date. Acceptance of this deferral may
affect GAP coverage. Please refer to your GAP policy regarding the number of
skip-a-payments allowed. There is a $25 fee per loan, per month skipped for
this service. This signed form and all fees must be provided prior to the payment
deferral being granted.