Skip-A-Pay
Holi-YAY!
This holiday season, we’re giving you one more reason to celebrate. With our exclusive Skip a Pay promotion, you can choose to skip your December or January loan payment. That’s right, no payment means more joy for you and your loved ones!
🎁 What’s Included:
- Flexibility: Choose the month that works best for you.
- Savings: Enjoy the holidays without the stress of a loan payment.
- Convenience: Simple and quick process to apply.
❗ Important Details:
- Loans NOT eligible for “Skip a Pay” include Mortgage, Home Equity loan, and/or Overdraft line of credit payments.
How to Participate:
Simply click on “Skip-a-Pay online form” to complete your request from the comfort of your home or office or you may print the skip-a-payment form and mail it, fax it, or bring it to the nearest Palmetto First branch location. Remember all cosigners on your loan must sign. Our friendly team is here to help you make this holiday season unforgettable. Don’t miss out on this holiday steal!
*There is a $25 processing fee per loan to take advantage of this promotion. Of the $25 fee, Palmetto First Federal Credit Union will donate a portion to a local charity. Choose to skip one payment November 2024– January 2025 during this promotion. If you have more than one loan, you can skip a payment for each. Fee may be deducted from your account, paid in cash, or by check. Fee cannot be added to the loan balance. Request and signed paperwork must be received ten (10) days prior to the due date. This offer is only available to members whose accounts including all loan and deposit accounts—are in good standing with Palmetto First FCU. To be eligible, the account must be a minimum of six (6) months old with no payments over 30 days delinquent. Skipped payments will extend the duration of your loan. Interest continues to accrue on the loan during the month you skip your payment, resulting in higher total finance charges. All other terms in the original loan agreement remain the same. Mortgage, Home Equity loan, and/or Overdraft line of credit payments are not eligible to be included in this promotion. All parties signing the original loan documents must also sign agreeing to the Skip-a-Pay. If your payment is made by Payroll Deduction, Direct Deposit, or by ACH draft from another institution, the payment will be deposited into your account. Skipped payment will not reflect negatively on your credit report or your loan payment history with us. Federally insured by NCUA.