Skip your December 2020 auto loan payment and have more cash for the holidays!
Your loan(s) must be on the credit union books for at least 6 months. Deferrals will NOT be offered on 1st Mortgage, Home Equity Line of Credit, Business loans or any Real Estate secured loans. Other excluded loans include Overdraft Protection, Visa Platinum and Visa Classic. You may only defer the same loan payment ONE TIME during the Skip-A-Payment promotion. Deferrals will NOT be offered on any loans that have been delinquent or are delinquent now. All requests are subject to Omaha Federal Credit Union approval. Must meet credit requirements. $30.00 fee per loan.
By participating in Omaha Federal Credit Union’s (OFCU) Skip-A-Payment program, you request that OFCU defer your loan payment(s) as indicated. You agree and understand that 1) Finance charges will continue to accrue at the rate provided in your original loan agreement, during and after this time 2) Deferring your payment will result in your having to pay higher total finance charges than if you made your payments as originally scheduled 3) The payment deferral will extend the term of your loan(s) for one month beyond contracted maturity date 4) You will be required to resume your payment(s) the following month 5) If you elected GAP or life and/or disability insurance, the coverage will not be extended beyond the original maturity date.
The fee per loan is $30.00. The signed application form must be received in our office 10 days prior to your December payment. Call us at 402-399-9001 to speak to a member services representative to learn more. Click here for an application form.