May 24, 2010

2010 Summer Skip-A-Payment

It's that time again! We are offering Skip-A-Pay, to allow members to skip a regular monthly loan payment for a $25 fee.

It's easy as 1-2-3!

1. Fill out the Skip-A-Pay form available online or at any branch.
2. Return it to any branch before your July payment is due.
3. Pay a $25 Loan-Skip Fee*

*Requirements/Deadlines:
1st & 2nd Mortgages, Home Equities and Auto Leases can not be skipped. All loans must be current to qualify (June payment made). The form must be received before your July 2010 payment is due. Only July 2010 payments are eligible to be skipped. If loan-skip fee funds are not available, this offer is void. Return to any branch or mail to: Lake Michigan Credit Union, TLC, PO Box 2848, Grand Rapids, MI 49501-2848. Lake Michigan Credit Union reserves the right to determine your eligibility for this promotion.

2 comments:

Anonymous said...

How does interest apply?

LMCU said...

Interest continues to accrue as normal but the due date is pushed back one full month.

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