Page 6 - WVFCU: Community Connection: Fall 2021
P. 6

Skip-A-Payme                                                        n     t
       Skip-A-Payment





                                                          There’s no time like the p
                                                          There’s no time like the present
                                                                                                               ent
                                                                                                         res



          Worried about the extra expense of holiday spending?
          W   orried about the e                xtra e     xpense of holiday spending?



           Unwrap a special gift from WVFCU and brighten your holidays with a Skip-A-Pay.  Take a
           break from your bills and enjoy the extra cash in your pocket. Avoid credit card debt this

        Christmas and skip your loan payment, use the money for holiday gifts, travel or entertaining.




                                        Signup TODAY!
                                        Signup TOD                         A   Y!





           Sign and return this letter, either by mail or in person and we’ll defer your December or January payment.





      Loan Extension Agreement


         December – No payment will be due in December 2021   Charge to my share draft (checking) account # _______________
         January – No payment will be due in January 2022    My loan is currently setup on ACH or Electronic withdrawal.
      I wish to pay $25.00 for each loan deferment by:       Enclosed is my check
         Charge to my share (savings) account


      It is mutually agreed that in consideration for the fee of $25.00 per loan, my monthly loan payment will be deferred and extended to the end of original term
      of any loan to which an extension(s) is applied. I understand that finance charges will continue to accrue and all other terms and provisions of the original
      loan agreement are unchanged and remain in full force and effect. I understand the Skip-A-Pay program is subject to approval. Eligible Loans must be
      current at the of request and reflect a history of (6) six consecutive payments. Additionally, I understand that this will NOT stop an ACH originated at another
      institution for the purpose of making my payments at WVFCU. I am limited to (2) two Skip-A-Pay’s during the life of any eligible loan. Personal Service Lines
      (PSL), Home Equity Loans, Home Equity Lines of Credit and Mortgages are excluded from this offer. Other Restrictions Apply.


      ______________________________________                ________________________________   (All parties must sign)
      Borrower Signature                                    Co-Borrower Signature


      Borrower Name (print) ______________________________


      Member Account Number  ___________________________ Daytime Phone Number _____________________________







      For CU use only: Approved By              Date                  Ver   By                    Date
     PAGE 6                                                                            VOL. 7  |  FALL 2021  |  ISSUE 4
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