2020 Skip A Payment

2020 Skip-A-Payment

Brewer Federal Credit Union is offering an emergency Skip-A-Payment program that allows members to skip their loan payments during these uncertain times.
- All loan types are eligible,and there is no fee to participate.
- Interest will continue to accrue on your loan(s) during the months you choose to skip and skipped payments will be added to the end of the loan.
- Life, Disability, and Gap Insurance, if applicable, will cease as determined by the original loan term.
- Taking advantage of this Skip-A-Payment program will not exclude you from our normal Skip-A-Payments.
- Limit 2 months.
Full Name *

First Name Last Name
Co-Borrower Name, If Applicable

First Name Last Name
Loan Account Number
Please Indicate Which Month(s) to Skip (please choose up to two months):

January February March April May June July August September October November December
All borrowers on the loan must sign for us to process the Skip-A-Payment request.
By signing below, you authorize Brewer Federal Credit Union to extend your final loan payment(s) by one month. Interest will continue to accrue on your loan(s) during the month you skip your payment. Life and Disability Insurance, if applicable, will cease as determined by the original loan term. This offer is non-transferable.
Signature - Borrower

Clear
Signature - Co-Borrower

Clear
Automatic Transfers/EFT

I authorize Brewer FCU to suspend my automatic transfers/EFT for this loan and restart transfers again on the date listed below. I understand that this form must be received at least five (5) business days prior to the scheduled date.
Automatic Transfers/EFT will resume on:
Date
All borrowers on the loan must sign for us to process the Skip-A-Payment request.
Signature for Automatic Transfer

Clear
Signature - Co-Borrower - for Automatic Transfer

Clear
Should be Empty:

2020 Skip-A-Payment

Automatic Transfers/EFT