Need some extra money for the holidays? We can help!
You may be eligible to skip your December loan payment* on qualifying loans through our December Skip-A-Pay offer!
To request to skip a payment, simply download, print, fill out, and return the Skip-A-Pay Request Form to us in-branch, by mail, or by fax to 405.879.5634.
Completed forms must be received by 11/20/2020.
* Disclosure: All offers subject to credit union approval. Your regularly scheduled November payment must be paid on or before its due date to take advantage of this December deferral. Offer is not available for first mortgages, home equity loans, 2nd mortgage loans, credit cards, OGE employee loans, Westar employee loans, travel loans, payroll advance loans, first time buyer program, auto equity loans, loans with forced placed insurance or loans with deferred payments between or new loans originated from 6/1/2020 to 11/30/2020. Reply form must be received by 11/20/2020. There is a processing fee of $30 for each loan.
This deferral will extend the maturity of the loan by one month beyond the scheduled maturity date. Interest will continue to accrue on the unpaid balance and the final payment may be larger than originally disclosed due to the additional interest. Any applicable credit insurance on closed end loans will not extend beyond the original date of the contract. Your next loan payment will be due on the regularly scheduled date in January 2021.
Electronic Payments & External Transfers: If you have set up your loan payment to be made electronically either through CFCU online banking, bill pay or through another financial institution, you will need to cancel your scheduled December payment in addition to submitting your Skip-A-Payment form. We cannot suspend payments that you have initiated. Please remember to reactivate your electronic payments after January 1, so that you are not late on future payments.