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During this challenging time we are waiving our Skip-A-Pay Fee for one month of payments from now through April 30, 2020. 

If you would like to skip a payment for an eligible loan you have with us, please complete the form below.

 Your request MUST have been submitted before the current due date or no later than 10 days after the current due date.

Contact Information
Loan Information

FOR CREDIT UNION USE ONLY: We will complete this portion for you while processing your request.

By signing below you agree to amend the terms of your original agreement and to pay as follows:

Loan No. __________ and the entire unpaid balance of $____________ plus interest at _________% by paying every ______________ beginning ________________________.

Loan No. __________ and the entire unpaid balance of $____________ plus interest at _________% by paying every ______________ beginning ________________________.

Loan No. __________ and the entire unpaid balance of $____________ plus interest at _________% by paying every ______________ beginning ________________________.

Manager Approval: ______________________________
Date Maintenance Completed & Copy Mailed to Member: _____________________
Signature: ___________________________________

IMPORTANT - Please Read Before Submitting Form:

By clicking submit, you and any applicable co-borrower(s) hereby request that Premier Federal Credit Union (PFCU) skip one (1) month of payments as indicated on this online submission form. You also acknowledge and agree to all of the following terms and conditions:

1. Qualifying loans may be eligible for one (1) skip-a-payment per calendar year (special promotions excluded). Due to these special circumstances, this special offer would not count toward that requirement.
2. Each skip-a-payment request is subject to approval based on account history.
3. All borrowers acknowledge that finance charges will continue to accrue during the skip-a-payment period. IMPORTANT: Skip-a-payments will increase your total finance charges paid and the number of payments required to pay off the loan(s). Your final payment may change. Should PFCU allow future skip-a-payment opportunities, the final due date for your loan(s) will be extended each time you receive an approved deferred payment.
4. If you have added any insurance products (credit life, disability, or GAP), the terms of coverage will not be extended to your new maturity date. IMPORTANT: Skip-a-payment may impact GAP claims on vehicle loans.
5. Approved skip-a-payments may not prevent other automatic drafts or preauthorized transfers from other financial institutions. Please ask for more information.

Agreement Acknowledgement:

 

 

 

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