We know that life doesn’t always come together in a tidy little package. Things change, life happens and sometimes it would be helpful to skip a monthly loan payment in order to have more cash on hand. Skip-A-Pay allows you to do just that. You can skip a monthly loan payment for just a $25 processing fee per payment skipped. It’s an easy, straightforward way to stay on track when the unexpected happens. This service does not apply to mortgage payments.
Contact an O Bee representative for further information. Call 360-943-0740
Terms and Conditions: By opting for Skip-A-Pay, you request that O Bee Credit Union defer your loan payments as indicated. You agree and understand that: 1) FINANCE CHARGES will continue to accrue at the rate provided for in your original loan agreement, during and after that time; 2) deferring your next payment will result in your having to pay higher total FINANCE CHARGES than if you made your payments as originally scheduled; 3) this payment deferral will extend your loan(s) and you will have to make extra payment(s) after your loan(s) would otherwise be paid off; and 4) you will be required to resume your regular monthly payments in the following month. If you previously elected credit life and/or disability insurance, the insurance coverage will not be extended beyond the original maturity date. All deferrals subject to O Bee Credit Union approval. Your loan(s) must be current (have no amounts past due) at the time you choose to accept this offer. Certain restrictions may apply.
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