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
Yes! I would like to skip my June
2020 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
I will resume making the regularly
scheduled loan payment with the first payment due in July 2020.
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.
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 processing 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.