(PRWEB) June 13, 2013
Summer 2013 is here and Freedom Credit Union, a financial institution that provides auto loans in Philadelphia, PA and other surrounding areas, is now offering their Summer Skip-A-Payment program. For a limited time, those who have a Freedom Credit Union Account will now be able to forgo one payment on their Freedom Personal, Vehicle, or closed-end Equity Loan. Those who consider this program will only have to pay a $28 processing fee for the payment that is skipped. What’s more, people do not have to worry about paying the $28 fee with a check or money order as Freedom will simply take it from the individual’s Freedom Account.
Participants will only be able to forgo one month for each loan that qualifies. After skipping their one payment, the regular monthly payments will continue in accordance with the current payment schedule. Additionally, interest will continue to accumulate during the month that is skipped and the payment term will be extended by one month. In order to take advantage of the program, those interested need to print out their skip-a-payment form, fill out all of the necessary information, and then either drop it off at any Freedom branch, fax it to 215-957-5468, or email it to skipapay(at)freedomcu(dot)org. Those who respond by Friday June 28th 2013 will be able to forgo their July payment, or those who respond by July 29th 2013 will be able to forgo their August payment. For all of the official rules and regulations for their Skip-A-Payment, please visit http://www.freedomcu.org.
About Freedom Credit Union:
Freedom Credit Union, chartered in 1934, is a community-based, full-service, not-for-profit financial institution that offers a banking alternative to consumers. Anyone who lives, works, worships, performs volunteer service, or attends school in Bucks, Chester, Delaware, Montgomery, or Philadelphia Counties is eligible to use its services. Freedom Credit Union has over $600 million in assets and more than 59,000 members, operating branch offices in Abington, Lansdale, Philadelphia and Warminster, Pennsylvania. As a respected Philadelphia based financial institution, they proudly offer a wide variety of financial programs to meet Member needs.