*The following loan types are not eligible for this promotion: Visa Credit Cards. Overdraft Lines of Credit, Home Equity Loans or Mortgage Loans. I must be a member in good standing with my loan(s) current to participate in the Skip-A- Pay promotion*. My loan(s) must be at least 6 months old to be eligible with no prior loan extensions during the 2025 calendar year. By signing this form, I agree that I would like to skip my November and/or December loan payment(s) at Electrical Federal Credit Union. I understand that interest will continue to accrue on the unpaid balance of my loan(s) during the deferral period, which will result in a larger than normal amount of my January payment being applied to interest I also understand that skipping my loan payment(s) will extend the term of my loan(s). My next payment will be due beginning the month following the deferral on my originally agreed upon due date. Acceptance of this deferral may affect my GAP coverage. I will refer to my GAP policy regarding the number of skip-a-payments allowed. There is a $30 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.