Make More Summer Memories With the Summer Skip-A-Payment
CPFCU members have the opportunity to Skip-A-Payment* on qualifying loans for either the month of June or July, 2013.
Just think of all the things you could do with the extra cash!
• Take that perfect summer vacation!
• Have extra cash for back-to-school expenses!
• Get ahead on credit card payments!
- drop it by your favorite branch,
- fax it to (256) 378-3366,
- or mail it to Coosa Pines FCU, Attn: Skip-A-Payment Processing, 17591 Plant Road, Childersburg AL 35044.
Skip-A-Payment certificates should be received no later than 10 days prior to the loan due date. The program is not available on all loans. Non-qualifying loans are listed below. Remember, if you skip your payment, the interest is still charged for that month and will be reflected the following month. There is a $40 processing fee for each loan payment skipped; you can select the payment method on the coupon.
*Loans excluded from this offer are: VISA® accounts, loans with less than six (6) consecutive payments, loans currently past due, loans with greater than 30-days delinquency in the past six (6) months, charged-off loans, mortgage loans, commercial loans, and loans with other than a monthly payment frequency.
If you have GAP protection, any amount of the loan that is skipped or delinquent will not be covered under GAP protection. The Skip-A-Payment does not change your current loan payment amount, but it does extend the term of your loan by one month. Interest will continue to accrue on the balance of the loan from the last payment date.