2018 December Skip-A-Payment Request

Skip-A-Payment Request

    I authorize Madison County Federal Credit Union to extend my final loan payment by one month. For this offer to be valid, I know my loan must be current. The $35 processing fee per loan will be automatically applied to my loan balance. Interest will continue to accrue on the unpaid balance of my loan and will be part of my final payment. Therefore, the amount I will pay during my loan will be more than the amount originally disclosed and could extend my loan term. If I have life and/or disability insurance on my loan and I choose to skip-a-pay, my insurance coverage will end based on the original contract term. Members that have been granted extensions due to extenuating circumstances within the previous 12 months are not eligible to participate. Member must make first payment to be eligible for Skip-a-Pay.

Questions? Call us at 765.644.3623 or send us a message