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This form allows members of Acclaim Federal Credit Union to request to skip a loan payment for one month under the Skip-A-Pay Program, including terms, conditions, fees, and eligibility requirements.

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How to fill out skip-a-pay request

01

Obtain the skip-a-pay request form from your lender's website or office.

02

Fill out your personal information such as name, account number, and contact details.

03

Specify the loan type for which you are requesting the skip-a-pay option.

04

Select the month you wish to skip and ensure you understand any terms and conditions.

05

Sign and date the form to certify your request.

06

Submit the completed form through the designated method (online, mail, or in-person) as instructed by your lender.

Who needs skip-a-pay request?

01

Individuals experiencing temporary financial hardship and need a break from making loan payments.

02

Borrowers who are enrolled in specific loan programs that offer a skip-a-pay option.

03

Customers looking for additional flexibility in their payment schedules during busy financial periods.

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What is skip-a-pay request?

A skip-a-pay request is a formal request made by a borrower to their lender to temporarily skip a scheduled loan payment without facing penalties.

Who is required to file skip-a-pay request?

Any borrower who wishes to temporarily defer a loan payment must file a skip-a-pay request with their lender.

How to fill out skip-a-pay request?

To fill out a skip-a-pay request, borrowers typically need to complete a designated form provided by the lender, providing necessary details such as loan information, personal identification, and reasons for the request.

What is the purpose of skip-a-pay request?

The purpose of a skip-a-pay request is to allow borrowers to manage their financial situation by temporarily deferring a loan payment during times of need, without the risk of default.

What information must be reported on skip-a-pay request?

The information that must be reported on a skip-a-pay request usually includes the borrower's name, loan number, payment due date, and the reason for the request.

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