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Get Skip-apayment Form
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How to fill out the Skip-aPayment Form online
Filling out the Skip-aPayment Form online can help you easily manage your loan payments when you need a temporary break. This guide provides simple, step-by-step instructions to assist you in completing the form accurately and efficiently.
Follow the steps to complete the Skip-aPayment Form online.
- Click ‘Get Form’ button to obtain the Skip-aPayment Form and open it in the editing interface.
- Begin by entering your name in the designated field. Make sure to provide your full legal name as it appears on your loan documents.
- Next, fill in your address, including the street, city, state, and zip code. This information helps ensure that the form is processed correctly.
- Provide a daytime phone number in the specified field. This allows the credit union to contact you if they need any additional information.
- In the account number field, enter your account number and suffix, which can be found on your loan documents.
- Select the loan type from the available options, which may include mortgages or auto loans, ensuring you qualify for the skip program.
- Indicate your intention to skip the payment by checking the appropriate box. Ensure that you are only skipping eligible payments, as specified in the form.
- If applicable, indicate how you would like to pay the $25.00 skip fee per loan skipped by selecting either 'Checking' or 'Savings' and ensure you include the sufficient funds.
- Review that you understand skipping the payment will extend your loans and will not impact your payment record by checking the acknowledgment box.
- Lastly, sign and date the form in the designated sections. Your signature indicates your agreement to the terms outlined in the form.
- Once all fields are completed, save your changes, and then download or print the form. You can now share it or send it to the credit union as instructed.
Complete your Skip-aPayment Form online today to manage your loan payments effectively.
The act of skipping a payment is often referred to as a 'payment deferral' or 'payment modification.' Financial institutions provide this option to support customers during unexpected hardships. To initiate this process, completing the Skip-aPayment Form is typically required.
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