UNEXPECTED EXPENSES THIS MONTH? SKIP A PAYMENT on your Car, Boat or Signature Loan.
Just complete the information below and submit this form to Ocala Community Credit Union before your due date.
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I Please deduct the $50.00 fee from:
Savings Account
Checking Account
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Attached is my check for $50.00
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(This form must be received before this date)
Vehicle/Boat Loan Account Number
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Signature Loan Account Number
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NOTE: Past-due loans, real estate, credit card or business loans are not eligible for the skip-a-payment program. There is a $50 fee for each qualifying loan on which you choose to skip a payment. Only One payment may be skipped within one calendar year. Additional requirements and restrictions may apply.
I understand that interest will continue to accrue on my loan during the skip period; skipping this payment will extend my final payment due date (increase my loan term), and increase the total cost of my loan. I acknowledge that the $50 fee is a finance charge and will not be credited to my loan. My next payment (after the skip) will be due on my regularly scheduled due date and my monthly payment amount will not change.
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*This Credit Union is federally insured by the National Credit Union Administration.