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At Coral Community Federal Credit Union, we understand that there are times you need a little extra cash for a special occasion or an unforeseen expense. That’s why we’re offering Skip-A-Payment.

Yes! I would like to skip my December 2018 loan payment(s).

I understand a non-refundable processing fee of $20 will be assessed for each loan I request to skip. This fee is applicable even if my request is denied. I have carefully reviewed and understand the restrictions listed below.*

I will resume making the regularly scheduled loan payment with the first payment due in January 2019. Interest will continue to accrue on the skipped payment(s) and no late charge or penalty will be assessed. This election will result in an extension of the loan maturity date, the number of total payments and the total interest on the loan.

 

*Restrictions: Skip-A-Payment does not apply to first mortgages, home equity loans, no credit check loans or credit cards. The loan account must be current and in good standing to apply. A pprocessing fee of $20 will be assessed for each Skip-A-Payment request received. The fee will be deducted from your checking account (or share account if funds are not available in your checking). Your request will not be processed if funds for the processing fee are not available.

I Accept

Life is hard. Take a break. A payment break. Skip A Loan Payment.

 

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Equal Housing Lender. Federally insured by NCUA