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Take Advantage of Skippy & Use the Extra Cash for Anything! Holiday expenses can take a toll on budgets already stretched thin. That's why Dillard Federal Credit Union is giving you the opportunity
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What is take advantage of skip-a-pay?
Take advantage of skip-a-pay is a program that allows borrowers to temporarily postpone a loan payment without facing penalties, usually for one payment period.
Who is required to file take advantage of skip-a-pay?
Typically, borrowers who are unable to make their scheduled loan payments due to temporary financial difficulties are required to file for the skip-a-pay option.
How to fill out take advantage of skip-a-pay?
To fill out a skip-a-pay request, borrowers usually need to complete a form provided by their lender, detailing their account information and the reason for the request.
What is the purpose of take advantage of skip-a-pay?
The purpose of skip-a-pay is to provide financial relief to borrowers by allowing them to defer a payment during times of financial stress, making it easier to manage their finances.
What information must be reported on take advantage of skip-a-pay?
Borrowers must report their account number, the payment they wish to skip, reason for the request, and any required personal or financial information as specified by their lender.
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