Santa is carrying more than toys in his sleigh so make way for the holiday with Palmetto First. Put your loan payments on pause and apply to Skip-a-Pay. Avoid high rate credit card balances by skipping a qualifying Palmetto First loan payment in November or December and use that money to put towards your holiday costs. In the spirit of giving and keeping with tradition Skip-a-Pay fees will be donated to a local charity again this year.
Santa Pause is Coming to Town
*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 in November 2022–January 2023 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 and/or Home Equity loan 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.
