HOLIDAY SKIP-A-PAYMENT

Your Credit Union is excited to offer again our famous skip-a-payment program during the holidays. You can elect to skip one payment on each conventional Credit Union loan for a contribution of $39.00. This program will be available the month of your choice, November, December or January. Sorry, this offer is not available on Line-of-Credit loans. Use the money any way you'd like to help with holiday expenses. All we ask is that:

  • Your loan account at the Credit Union be in good standing.
  • You have not received an extension agreement on your loan in the past 12 months.
  • You acknowledge that all truth in lending disclosures already made on the loan described in this coupon shall be modified to the extent of one additional month's interest at the same interest rate already agreed upon, and one additional month added to the maturity date of the loan.
  • You understand that members on payroll deduction will have their loan payment amounts deposited to their share savings account.
  • Loan must be at least 6 months old in order to be eligible.
  • This coupon does not guarantee skip a payment.

WE MUST RECEIVE YOUR REQUEST 10 DAYS PRIOR TO THE LOAN DUE DATE

The Credit Union reserves the right to refuse any skip-a-payment requests.

HOLIDAY SKIP-A-PAYMENT COUPON
Member Name:
Account Number:
Loan Suffix(s) you wish to skip:

Month you wish to skip: November 2014
December 2014
January 2015

Withdraw $39 fee (per loan) from: Shares
Drafts (Checking)

WE MUST RECEIVE YOUR REQUEST 10 DAYS PRIOR TO THE LOAN DUE DATE

The Credit Union reserves the right to refuse any skip-a-payment requests.

Saint Alphonsus Medical Credit Union
© 2014