Finance charges will continue to accrue and will be included in the next regularly scheduled payment which will begin the month following the skipped month. By skipping a payment, you will extend the payoff of each loan by the number of skipped payments. Benefits from life & disability insurance, and Guaranteed Asset Protection (GAP), when applicable, may be reduced by the amount of the payment skipped. Limit two skipped payments per year per qualified Vehicle or Signature loan. This offer is non-transferable and is offered only to the borrower making this request. Only those loans eligible will be listed within Internet or Mobile Banking.
By acknowledging, you elect to skip payments for the loan(s) indicated and agree to these terms. The terms and conditions of your loan agreement remain in force. If applicable, you authorize HVCU to place a one-time stop on your internal ACH payment. If your request is not received at least five days prior to your scheduled payment date, it will not be honored. You understand that payments made prior to this request or payments that occur prior to HVCU’s receipt of this acknowledgment will not be refunded. This offer is not guaranteed if your accounts are not in good standing or if you no longer meet our eligibility criteria.
We know that everyone’s wallet could use a little extra wiggle room. That’s why we’re offering the ability to skip a payment on any of the following loans:
- Vehicle Loan
- Signature Loan
And, since two is better than one, you may be able to skip your payments twice a year!
To get started and see if your loan(s) are eligible, log in to Internet or Mobile Banking. Requests must be received at least five calendar days prior to your scheduled payment date, and no more than 45 days in the future.
Don’t have Internet Banking? Click here to register.