Community Credit Union of Florida
Skip a Payment Terms & Conditions
There is a $15.00 fee to
take advantage of this skip-a-payment. Interest will continue to accrue on your
loan during the month that you skip your payment. Your monthly payment will be
due at the next billing cycle. The Skip-A-Payment coupon does not change your
current loan payment amount, but it does extend the term of your loan by one
month. By skipping a payment, the maturity or final payment date as disclosed
on the note, truth in lending disclosure, and/or security agreement will be
extended beyond the date originally disclosed. You consent on behalf of any
co-signer or joint borrower on the loan to the skip-a-payment. If you have GAP
Protection, any amount of the loan that is skipped may not be covered under the
GAP Protection Agreement.
By clicking continue, you agree to the terms and conditions listed above. Once your skip a payment is submitted, it cannot be cancelled.