Take a Vacation from your Loan Payment
Have some extra cash on hand this summer. If you received our offer your personal or auto loan may be eligible for our summer Skip-a-Pay promotion. For a low $28 processing fee Members can skip their July or August payment.*
Use the information from the email or postcard you received to complete the form below:
To ensure your Skip-a-Pay is submitted and processed correctly please do the following:
Submit your Skip-a-Pay request by midnight three (3) days PRIOR to the due date of your loan payment. If the loan is set up to be paid by Auto Transfer, your payment will still transfer if you do not submit your Skip-a- Pay request three days prior to the due date. Requests submitted after the payment due date will not be accepted for the current month.
Have a minimum available balance of $28 in your Freedom checking or savings account for the Skip-a-Pay Processing Fee. Funds must be present in your shares before submitting a Skip-a-Pay request. If funds are not present your request will be declined for the current month.
Complete the form above, Skip-a-Pay can only be processed through this online form, please do not send checks.
If you decide to request a Skip-a-Pay on more than one eligible loan, please a submit a separate online form for each loan.
* The promotion is only valid for loan payments due in July or August 2015. A $28 processing fee per loan will be automatically deducted from your Checking Account and the funds must be in your Account at the time your application is processed or it will be declined. If you do not have a Checking Account, the fee will be taken from your Primary Savings Account. Loan payments can be skipped only on Personal or Vehicle Loans. In order to qualify for this promotion, all Accounts and Loans must be in good standing and each Loan cannot be skipped more than twice per year (once per promotion period). After skipping the payment, your regular monthly payments will resume in accordance with your existing payment schedule. Interest will continue to accrue during the month skipped and your term will be extended by one month. If you miss your loan payment due date for the month the Skip-a-Payment coupon is due, your skip will be declined even if we received the coupon on time. If the Skip-a-Pay request is submitted after the payment due date it will not be accepted.