Skip-A-Pay is back!
The holidays are approaching and we all know how expensive the season can be! That’s why River Valley Credit Union is pleased to give you the perfect holiday gift – the option to skip your December or January installment loan payment.
Skip your December or January payment for a small fee, and save money for more important things this season!
For a small fee of $30.00* per loan, our Holiday Skip-A-Payment program allows you to defer (or skip) your December or January loan payment(s) until the end of your loan. For every loan that is skipped this season, we will donate $5.00 to Flat River Outreach Ministries!
The interest on your loan will continue to accrue and all other terms of your loan contract will remain unchanged. To take advantage of the Holiday Skip-A-Payment, simply complete the form below and return it to any of our locations.
* Loan must have at least 4 months of payment history and all accounts must be current to qualify. Real Estate, Visa, and Revolving Loans are excluded. Deferring a payment means that interest will continue to accumulate on your loan during the skipped month, which will increase the total cost of borrowing. All other terms and provision of the original loan agreement are unchanged and remain in full force and effect. Limit 6 deferments per loan.