Skip a Payment

Skip a Payment

Latest, Product

Need help with holiday expenses?

For just $25, you could free up some cash by skipping a December loan payment. Download your request form.

Important Details
Offer valid only for current Fort Lee Federal Credit Union members in good standing. Offer excludes real estate loans, Visa® credit cards , Fast $500 loans, Loyalty $1000 loans, and any other loans deferred within the last 12 months. Offer valid for DECEMBER 2018 LOAN PAYMENT(S) ONLY and cannot be used for your first loan payment. A fee of $25.00 PER SKIPPED LOAN applies and must be submitted at the time of application. If you have weekly, bi-weekly or semi-monthly payments established, this promotion applies to the entire month of payments. We must receive your signed authorization and Skip-A-Payment processing fee prior to your regularly scheduled payment due date. Your loan payment amount will remain the same, but skipping a payment may extend the term of your loan. Finance charges will continue to accrue on all new and existing balances during the skipped payment period (December 1 through December 31, 2018) pursuant to agreements with the Credit Union, and all terms and conditions will apply after said skipped payment period. Contact a loan officer for full details, qualifications and restrictions.

Important note about skipping auto loan payments: If you purchased GAP coverage through an auto dealer (not through the credit union), please review your policy to ensure the permissibility of skipping payments. In some instances, skipping payments may impact GAP coverage.

26 Nov, 18