Skip Payment Option. We may, at our option, occasionally offer you an opportunity to skip your obligation to make the Minimum Payment due. You may not skip payments unless we make this offer to you. If we offer you an opportunity to skip a payment more than once in a 12 month period, you will not be permitted to skip payments required in consecutive months. You cannot accept a skip payment offer if your Account is delinquent, or is in Default. When you take advantage of a skip payment offer, the interest will continue to accrue on the entire unpaid balance of your Account.
Skip Payment Option. At our option, we may offer you the opportunity to not make ("skip") a minimum payment during certain designated billing cycles ("skip payment period"). If you do not make your minimum payments as provided in this Agreement, during such designated billing cycles, you understand that we will continue to apply finance charges to your account. Beginning with the billing cycle following an allowed skip payment period, all other provisions of this Agreement will apply.
Skip Payment Option. At our option, we may offer you the opportunity to not make (“skip”) a minimum payment during certain designated billing cycles (“skip payment period”). If you do not make your minimum payments as provided in this Agreement, during such designated billing cycles, you understand that we will continue to apply finance charges to your account. Beginning with the billing cycle following an allowed skip payment period, all other provisions of this Agreement will apply. We have no obligation to accept your application for any skip payment period offered, and you authorize us to investigate your creditworthiness including obtaining consumer credit reports. We may charge you a processing fee of up to $50.00 for each skip payment period that we may offer to cover our costs of investigating your qualifications for this extension including but not limited to the costs associated with researching your creditworthiness.
Skip Payment Option. At the option of TruStone Financial, a minimum payment may be waived during certain billing cycles. If such a waiver occurs, FINANCE CHARGES will continue to apply to the Account during the skip payment billing cycle. Beginning with the billing cycle following the skip payment, all provisions of the Agreement shall apply.
Skip Payment Option. Occasionally we may offer you the option to "skip" your minimum monthly payment. You may not skip payments unless this offer is made to you. Skip Payment Option will not be available to you if your Accounts are delinquent or in default. When you use a skip payment option the periodic Interest continues to build on the entire unpaid balance of your Account.
Skip Payment Option. At our option, we may offer you the opportunity to not make (“skip”) a minimum payment during certain designated billing cycles (“skip payment period”). If you do not make your minimum payments as provided in this Agreement during such designated billing cycles, you understand that we will continue to apply Interest Charges to your account. Beginning with the billing cycle following an allowed skip payment period, all other provisions of this Agreement will apply. We have no obligation to accept your application for any skip payment period offered, and you authorize us to investigate your creditworthiness including obtaining consumer credit reports. We may charge you an application processing fee when disclosed for each skip payment period we may offer to cover our costs of investigating your qualifications for this extension including but not limited to the costs associated with researching your creditworthiness. Modifications to required minimum monthly payments: We may allow you, from time to time, to omit a monthly payment or make a reduced payment. We will notify you when these options are available. This will only occur on an isolated basis, such as when the Credit Union is working with borrowers affected by a state or federally declared disaster. If in response to such notification, you may omit a payment or make a reduced payment, while interest charges, applicable fees, and other regular transactions, if any, will accrue on your account balances in accordance with this Agreement. The reduced payment amount may be less than your interest charges. You must make the reduced payment on time to avoid a Late Fee. You must resume making your regular Total Minimum Payment Due each month following any modifications made to your required minimum monthly payment. Optional Purchase Rewards Program (CU Rewards): Participation in the travel/merchandise purchase point rewards program is automatic with this Visa credit card program. You understand and agree we are not obligated to continue or to offer such a program. We reserve the right to change the program and/or any third party program servicer with or without conversion of points, privileges, point accruals, redemption periods, etc. If benefits are withdrawn prior to any accrued use by you, we have no obligation to provide any benefit, enhancement, consideration or compensation to you or anyone. Program rules are provided by the program servicer and you agree to abide by those terms of use as amended from ti...
Skip Payment Option. In our discretion, we may offer you the opportunity to not make (“Skip”) a minimum payment during certain designated billing cycles (“Skip Payment Period”). If you do not make your minimum payment as provided in this Agreement, during such designated billing cycle, you understand that we will continue to apply Finance Charges to your Account. Beginning with the billing cycle following an allowed Skip Payment Period, all other provisions of this Agreement will apply. We have no obligation to accept your application for any Skip Payment Period offered, and you authorize us to investigate your creditworthiness including obtaining consumer credit reports. We may charge you a skip pay fee for each Skip Payment Period that we may offer to cover our cost to) the costs associated with researching your creditworthiness. The payoff table on your monthly statement for the skip payment month may reflect a negative amortization.
Skip Payment Option. At our sole option, we may allow you to skip payment of the Minimum Payment Due for a certain Billing Cycle. During any Skip-Payment period, Interest Charges will continue to accumulate on the unpaid balance of your Account, but no Late Payment Fee will be assessed. At the end of any Skip-Payment period, the Minimum Payment terms of this Agreement that would have applied were it not for the Skip-Payment feature, will automatically resume. Taking advantage of the Skip-Payment option will not extend the Delay Period for special Promotional Credit Plans.
Skip Payment Option. We may allow you, from time to time, to omit a monthly payment. We will notify you as to any month in which the option is available. If you omit a payment, FINANCE CHARGES and insurance premiums, if any, will accrue on your balance in accordance with this Agreement. A skip payment does not extend the period within which you must pay the New Balance Total in order to completely avoid FINANCE CHARGES on purchases. A minimum payment will be due in the month following the month in which you skip your payment.
Skip Payment Option. At our sole option, we may allow you to skip making the Minimum Payment on certain Billing Periods. During the skip-payment period Finance Charges will be assessed but no late fee will be imposed. At the end of the skip-payment period, all terms of this Agreement that would have applied, were it not for the skip-payment feature, will automatically resume without notice.
