Take a break from your loan payment this winter. Eligible members can skip the December or January payment of your existing Freedom Personal or Vehicle Loan and pay only a low, $28 processing fee for each Loan payment skipped.*
Loan ID numbers have been updated. You may verify your Loan ID through Online Banking or on your statement. It will be the numbers preceding your account name.
*The promotion is only valid for loan payments due in December 2016 or January 2017. Multiple loans may be eligible. Loans cannot be skipped in more than two consecutive Skip-a-Pay promotions. A $28 processing fee per loan will be automatically deducted from your Savings Account and the funds must be in your Account at the time your application is processed. If you do not have $28 in your Savings Account the fee will be taken from your Checking Account. If you do not have the funds available in either account your Skip will be declined. 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. 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. To ensure proper processing please submit your skip request a minimum of two business days prior to the date your loan payment is due. The Skip-a-Pay request will not be accepted if it is submitted on the day payment is due or after the payment due date.