SKIP-A-MONTH PROGRAM

We want to take this opportunity to thank you for borrowing from your Credit Union. We recognize that there are times in life when it is difficult to make certain loan payments due to illness, school expenses, Christmas expenses, reductions in income, or other occurrences.

As a valued member, we offer you a special way to manage those occasions---our Skip-A-Month Program. Instead of worrying about making the car payment, you can use that extra cash for other needs for one month.

All you need to do is complete the coupon below and return it to us, along with a $20.00 Skip-A-Month fee. The $20.00 fee is required to offset administrative and operating expenses. The fee can be withdrawn from your Credit Union accounts. The coupon and fee must be received by your regular due date for the month you wish to use the coupon to avoid late charges. The program does not apply to mortgage or home equity loans and cannot be used on delinquent loans. If you have questions about the Skip-A-Month Program, just give one of our loan officers a call at: (423) 378-9292 or extension 1002 from within Quebecor (Kingsport office), (423) 357-2056 or extension 2056 from within Quebecor (Church Hill office), or (423) 272-8299 (Rogersville office).

Don’t throw your loan coupon away. Keep it in case you need it later. If you need more than one coupon for multiple loans, just ask! Just remember—one month skip per loan per year.

KINGSPORT PRESS CREDIT UNION

SKIP-A-MONTH COUPON

Member Name: ________________________________________

CU Account Number: ____________________________________

Loan Type (car, personal, etc.): _______________

Payment Amount: __________________

Date(s) to Skip: ____________________________

Loan Number (if known): _____________________

$20.00 Skip Fee: _____ Enclosed

_____ Withdraw from Which CU Account: ___________________________
 

I (We) want to utilize the Skip-A-Month Program. I (We) realize that interest will continue to accrue on the loan and that it will add the payment(s) to the end of the loan and extend the payoff date.
 

Signature: ____________________________________

Signature: ____________________________________