Holiday Loan Deferment

    Ark Valley Credit Union

    Holiday Loan Deferment

    Skip your Payment, Help our Community!

    By completing this form, you may be able to skip your loan payments for a bit of extra holiday cash!

    To Qualify You Must:
    • Be current on all loans and have made at least one payment on your loan(s).
    • Have acceptable insurance on your collateral listed on loan(s).
    If Approved:
    • No late fees will be added to your loan and your regular payment amount will resume on the next payment date.
    • Interest will accrue and will be collected with your next payment.
    • $10.00 donation will be deducted from your account for the processing of each deferral.

    All Real Estate Loans and AVCU (or BCCU) Credit Cards are excluded from this offer.
    Credit Life & Disability Insurance, GAP insurance or warranties may be affected if you choose to defer payments on loans with those coverages.


    MUST COMPLETE ALL INFORMATION:


    Please withdraw my donation of $10.00 per loan from my:



    Do you want to defer all qualifying loans?*



    Please defer my loan payment(s) for:*

    (1 monthly payment, 2 biweekly, 2 semi-monthly, 4 weekly payments)

    We must have 3 business days' notice prior to your scheduled payment to guarantee processing.


    I understand all of the above and authorize Ark Valley Credit Union to make the changes to my loan(s) and to withdraw from the account as stated above.