Skip-A-Pay

Need some extra cash for the summer, vacations, holidays or school? As a valued member, you are entitled to skip a payment on your Borger Federal Credit Union loan(s) for the month of June, July OR August as well as November OR December! Come by the credit union and ask about our summer and holiday skip-a-pay. Interest will continue to accumulate on your loan(s) during the month.

Payments that are direct deposited or payroll deducted will not be stopped and will automatically be deposited into your designated Borger Federal Credit Union account.

To take advantage of this special, the following conditions apply:

  • All loans must be current
  • 3 full months of prior payments will be required
  • All accounts at the credit union must be in good standing
  • Excludes Real Estate loans, CD loans and Credit Cards

 

A low $35.00 processing fee per loan will have to paid BEFORE Auto-Pay transfers your payment (if you are on Auto-Pay) or before the due date (if you are on a cash pay basis).

Other conditions may apply