Common use of Skip Payment Option Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit Card Agreement, Credit Card Agreement

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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 an application 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.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

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 an application processing fee of up to $50.00 35.00 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.

Appears in 2 contracts

Samples: www.revfcu.com, www.heritagetrust.org

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 allow.fld .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 an application processing fee of up to $50.00 35.00 for each skip payment period that we may offer to cover our costs of investigating Investigating your qualifications for this extension including but not limited to the costs associated with researching your creditworthiness. 9.

Appears in 1 contract

Samples: files.consumerfinance.gov

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 an application 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. 19.

Appears in 1 contract

Samples: files.consumerfinance.gov

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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 an application 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 you creditworthiness.

Appears in 1 contract

Samples: onenevada.org

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 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 a an application processing fee of up to $50.00 35.00 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.

Appears in 1 contract

Samples: Credit Card Agreement

Skip Payment Option. At our option, we may offer you the opportunity to not make (“skip”) a minimum payment Minimum Payment during certain designated billing cycles (“skip payment periodSkip Payment Period”). If you do not make your minimum payments Minimum Payments as provided in this Agreement, Agreement during such designated billing cyclesthe Skip Payment Period, you understand that we will continue to apply finance interest charges to your accountAccount. Beginning with the billing cycle following an allowed skip payment periodSkip Payment Period, all other provisions of this Agreement will apply. We have no obligation to accept your application for any skip payment period Skip Payment Period offered, and you authorize us to investigate your creditworthiness including obtaining consumer credit reports. We may charge you a an application processing fee of up to $50.00 35 for each skip payment period Skip Payment Period that we may offer to cover our costs of investigating your qualifications for this extension extension, including but not limited to the costs associated with researching your creditworthiness. You agree that we may amend the fee from time to time and by applying you consent to the applicable fee.

Appears in 1 contract

Samples: www.purduefed.com

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