A little flexibility can make a big difference. Skip a qualifying loan payment and free up cash when you need it!
Download the authorization form now, drop it off at any convenient branch, fax it to 240.420.2007 before the end of the month you want to skip.
To submit your application via secure email, send your request to loandept@bdfcu.com. We’ll send you a secure email to which you can attach your documents. Never send sensitive personal information via unsecured email.
Skip-a-payment is available only on loans in good standing and is subject to approval. Interest will continue to accrue at the existing annual percentage rate, and regularly scheduled payments will resume the following month. The number of payments will not increase, but the maturity of the loan will be extended one month for each skipped month. Total interest charges will be greater than as stated when the loan was granted. Approval will not generally be granted more than once in any 12-month period and requires signatures of all borrowers, co-borrowers, co-signers, and owners of collateral. Offer does not apply to credit cards or to loans secured by real estate.
