From the Chicago Patrolmen’s Federal Credit Union:
The holiday season is almost here and Chicago Patrolmen’s is tracking down some extra cash for our members!
We know that holiday expenses can add up. Skip-A-Pay is the perfect way to have extra cash right when you need it!
How does it work? Simply apply online at www.cpdfcu.com between October 2 and November 22, 2017.
If your application is approved, you will have the opportunity to skip
your December loan payments
. There is a $30 fee per loan to skip
a loan payment
, and at least half of that amount will be donated to Chicago Police Memorial Foundation
Please note that you will need to apply for each loan individually.
The following loans are not eligible for Skip-A-Pay: Home Equity, Homeowner Loans, Mortgages, Visa, Overdraft Protection, 10-1, Student, Tuition, CARPay Diem, Credit Builder, and Member Business Loans. Any loan with an original term of 12 months or less is ineligible. If an approved loan is refinanced before the payment is skipped, the new loan will not be eligible for the promotion.
Only the December 2017 loan payment may be skipped. The finance charge on your loan will continue to accrue and the term of your loan will be extended by one month. Additional restrictions may apply.
Thank you, and stay safe.