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Skip Your PPCU Loan Payment for May 2019
How Skip-a-Pay Works*
- Offer applies to Vehicle and Personal Loans
- Skip your May 2019 loan payment
- There is a $40 processing fee per loan*
- Interest on your loan will continue to accrue during the month your payment is skipped
Activate Skip-a-Pay Today
Log into online banking, click on Skip-a-Pay and select your loan.
*Offer is subject to final approval by Pacific Postal Credit Union. The request must be received during the offer period of April 1 – May 31, 2019, and on or before your payment is due. Only one payment may be skipped during the offer period. Skip-a-Pay offer applies to loans in good standing and excludes Visa, lines-of-credit, HELOC, GPS and mortgage loans. Other qualifications apply. The $40 fee per loan will be deducted from your account. If loan is held jointly, all owners must agree. Finance charges will continue to accrue on a daily basis at the Annual Percentage rate set forth in the loan agreement, both during and after the deferral period. This means it will result in higher total finance charges and possibly a higher total number of payments, than if made as originally scheduled. Therefore extra payment(s) may/will have to be made after the loan would otherwise have been paid off. In all other respects, the provisions of the original agreement remain in full form and effect. Regularly scheduled payments will resume with the payment due during the month following the deferral. This may affect GAP coverage on your loan.
