Holiday Skip-a-Pay 2010
In September 2008 when the credit crisis was most critical, the stock market took a nosedive and unemployment rates skyrocketed. The bleak economic outlook took its toll on consumer confidence. In reaction to these events MCU initiated Holiday Skip-a-Pay. The popularity of this member benefit was phenomenal. During the months of November ’08 and December ‘08 MCU modified 4,089 loan agreements that added up to $876,772 in member payment obligations. We were happy to repeat this program in 2009 and we are happy to announce that MCU’s democratically elected board has approved Holiday Skip-a-Pay for 2010.
Once again MCU members can extend due dates on all non-mortgage-related MCU loans for the month of November or December. Holiday Skip-a-Pay is free and it gives each member the chance to enjoy one month without an MCU loan obligation. After all, every budget needs some wiggle room – especially during the holidays.
Contact your local MCU Loan officer or call 800-951-LOAN (5626) to extend either your November or December non-mortgage related MCU loan payment(s). Then focus on what really matters most to you during the holidays.
I was just inquiring about skip a payment. I would like to skip my November’s payment.
Thanks,
Sandra
Hi Sandra,
In order to take advantage of Holiday Skip-a-Pay this month call 800-951-LOAN (5626). A loan officer will assist you with your November skip-a-payment. Please note that you must have already made your October payment before you can set up a November skip-a-payment. For those of you who plan to take advantage of this program in December you must make your November payment before you can set up your December skip-a-pay.
All the Best,
Jack Braswell
This was the best thing last year when I needed it during the Holidays! I am using again this year!!
Thanks a lot!!!!!!!!
April
Can I skip Novembers holiday skip a payment?
April,
I’m glad we are able to help you out when you need it most. Thanks for being a member!
Shawn,
To find out if you are eligible to skip a payment call MCU’s Loan Department at 800-951-LOAN (5626). If you have already paid November’s payment you may still have time to skip in December. You can only skip one month and your payments must be current.
Happy Thanksgiving!
Are we able to skip both November and December?
Hi Daisy,
Thank you for your question. Holiday Skip-a-Pay allows just one month without a loan obligation. You would have chosen either November or December to skip your non-mortgage related MCU loan payment, not both months.
Merry Christmas!
Jack Braswell