Skip-a-Loan Payment |
Members with up-to-date loans have the option of skipping loan payments twice a year to help cover unexpected or seasonal expenses. Skipping a loan payment is easy. Simply read and complete the application online. Click here to download the form. Print, sign, mail, fax or hand deliver to a Branch as follows:
Note: Apply a week earlier in December.
Indicate on the form how the processing fee will be paid ($5 for loan payments under $500 and $25 for payments of $500.00 and over). Have the co-maker or guarantor for your loan (s) sign the form. We’ll take care of the rest. How does it work? When your application is approved, the payment period is extended and the interest is added to the loan balance (capitalized) at the end of the month. Payments made through payroll deduction are transferred to your Savings/Deposit account. Skip-A-Loan Payment if you need it. Apply today. |