Common use of Skip Payment Option Clause in Contracts

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. At the option of TruStone Financial, a minimum payment may be waived during certain billing cycles. If such a waiver occurs, FINANCE CHARGES 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.