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Skip-A-Pay

Save More For The Season
With Holiday Skip-A-Pay

WGLFCU wants to help members increase their cash flow this holiday season, which is why we’ve brought the gift of Skip-A-Pay back for the Holidays. With Skip-A-Pay you can skip your December loan payment.* It’s a hassle-free way to free up more cash for the season to spend on the things like gifts, trips, bills and more.

Avoid maxing out your credit cards...

Skip-A-Pay instead

Costs just $30 per loan

Free up your funds and use the cash you save to help pay for seasonal expenses like:

  • Gifts for the family
  • Holiday vacations
  • Holiday bills
  • Travel expenses
  • Sprucing up the home

Sign Up For Skip-A-Pay Today!

It’s easy and hassle-free. Just complete our form here, stop by the credit union or give us a call at 703.750.4394 for more details.  Application process will begin on Thursday, October 18, 2018.

 

Skip-A-Pay Application Form

 

 

 

 

*Must be a member in good standing with all loans current (less than 15 days past due at any time during the past 12 months) to participate. Skip-a-pay form must be received three days prior to loan due date. $30 service fee per skipped payment per loan. May skip one full payment on the following eligible loan types: New and Used Auto, New and Used Boat, Recreational Vehicle, ATV, Personal, Overdraft Protection and Certificate or Share Secured Loans. Not offered on Visa,® New Start/Holiday Dough Loans, Home Equity Line of Credit, First or Second Mortgage. If you elected GAP and/or Credit Life/Disability, the coverage will not be extended beyond the original maturity date. Finance charges will continue to accrue on a daily basis at the Annual Percentage Rate set forth in loan agreement, both during and after the deferral period. This means that this deferral of scheduled payments will result in higher total Finance Charges and possibly a higher total number of payments than originally scheduled. In all other respects, the provisions of original agreement remain in full force and effect. Borrower agrees to contact the Credit Union for exact payoff information. Borrower will resume making scheduled payments beginning with the payment due during the month following the deferral and will make all scheduled payments due thereafter. All payments will be applied first to finance charges and then to principal. Next monthly payment will include the finance charges from the skipped month.