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Skip-A-Payment

Let Laramie Plains Federal Credit Union put a little extra cash in your pocket this summer with our Skip-A-Pay offer. 

You can elect to Skip-A-Payment* on each of your loans for the months of June, July, or August.

*Skip-a-Payment is available only on your auto, RV, or personal loans on member accounts in good standing. This will extend your final loan payment and may not be used with any other offer. Skipping a payment and accrued interest will extend the maturity date of your loan. All other terms remain unchanged. Loan must be current and is subject to approval. A $45 fee will be charged for each loan you choose to include in the Skip-A-Payment program. Loans must be established with a minimum of 6 previous payments before you can utilize Skip-a-Payment. 

The undersigned Borrower (s) executed a Note and Security Agreement or Retail Installment Contract where Laramie Plains Federal Credit Union is the lender of record. Borrower (s) understand and agree that:

  1. Loan Extension Requests are subject to approval and are not guaranteed.
  2. Interest will continue to accrue on the unpaid balance of the loan.
  3. All unpaid interest and any applicable fees will be collected before principle at the time of the next payment.
  4. By utilizing this extension, the maturity date of the loan will be extended by one month.
  5. All other Terms of the Note and Security Agreement or Retail Installment Contract remain in full force and effect. 
  6. Waive all claims for exemption of liability as a result of said extension. 
  7. A fee of $45.00 for each loan must be collected before a Loan Extension will be processed.