Aspire Credit Union allows its members who are current on their loans to skip one full month of their loan payment (s) once per year, limited to a total of three for the life of the loan. I understand that doing this extends the term of the affected loan (s), and interest will continue to accrue on the outstanding balance of the loan (s) throughout the deferred payment period.
I understand that I will be charged a $25.00 fee for each skipped loan, which will be deducted from my share account.
***This offer does not apply to single-payment loans, real estate or home equity loans, Aspire credit cards, and Line of Credit loans.
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