Form

To skip a payment, there is a $30 fee per loan per month.

Are you filling this out in our lobby? *

Member Service Representative Identification Code: *

Full Name *

First Name Last Name

E-mail

Best Contact Phone Number *

Please upload a picture of your Driver's License or State ID.

Your Illinois State Credit Union account number

Loan(s) you would like to skip *

Month(s) you would like to skip *

Do you have any loans more than 30 days past due? *

Yes No

Have you made at least 3 full monthly payments since your last advance? *

Yes No Not a line of credit

Have you made at least 6 full monthly payments since the beginning of your loan? *

Yes No

Do you make automatic payments on this loan? *

Yes No

Restrictions:

-Savings account must have the $25 minimum balance

-Application must be submitted at least 5 days before your next scheduled payment

-Loan cannot currently be more than 30 days delinquent

-Open End loans must have at least 3 full payments since the last advance date

-New loans must have at least 6 full payments from their start date

-Only 2 payments can be skipped in a 12 month period for loans with a remaining balance under $20,000

-Only 1 payment can be skipped in a 12 month period for loans with a remaining balance between $20,000-$30,000

-Not available on loans with an outstanding balance over $30,000

-Not available on credit cards, mortgages, or second mortgage loans

-Not available on loans with a remaining payback term of 59 months (5 years) or greater

-Not available for loans that have had Forced Place Insurace within the last 12 months

-Not available on loans that have been rewritten or extended within the past 12 months

Disclosure:

A fee of $30 will be assessed per loan per month. This must be paid before the application can be processed and can be deducted from ANY credit union account. Fee does not apply towards principal or interest. Interest continues to accrue during the time when payments are not made. Skipping a payment will extend the payoff period of your loan. Payroll deduction payments will be redirected to the 100 suffix account for the payments that are being skipped. By submitting this request, you agree that the information is correct to the best of your knowledge. You will be notified by mail if your application is denied. You also agree to notify us of any changes to your name, address, or employment. You authorize the credit union to obtain credit reports in connection with this request.

Which Illinois State account number would you like the fee withdrawn from? *

Which suffix on this account should we charge this fee?

Additional Comments

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Skip a Loan Payment