Skip-a-Payment Coupon

Conditions for Skip-a-Payment:

  • You must have made six full monthly payments on your loan before using your first Skip-a-Payment coupon.
  • Your loan must be current and in good standing.
  • One Skip-a-Payment allowed every 12 months per loan.
  • Fee is $10 or 10% of the payment amount, whichever is less, and will be added to the loan principal.
  • Mortgage loans are not eligible for Skip-a-Payment.
 

 
Name
Account No.
Payment Amount

Month of Payment
to Skip

Finance Charges Explanation: Skipping a payment may cause your principal balance to remain unchanged and may extend the term of your contract. Interest will continue to accrue. Offer does not apply to mortgages, home equity loans or past due loans.

Coupon must be received 7 days prior to loan payment due date.

I have read and understand the conditions and terms listed on this coupon:

Signature_______________________________

Co-Borrow's Signature______________________________________________

Date_______________________

Mail, fax or drop off at:
Mid American Credit Union
8404 W. Kellogg Dr.
Wichita, KS 67209

Fax to: 316-722-0920