*The fee can be deducted from your Cinfed Credit Union account. If the designated loan account has been delinquent for any reason, Cinfed reserves the right to deny the Skip-A-Pay application. Offer applies only to closed-end consumer installment loans. Skip-A-Pay can be used one time per loan over a 12-month period. All credit terms applicable immediately prior to the skip period will again apply when the skip period has expired. Offer expires January 31, 2020.
If a Gap Waiver Policy was purchased at the origination or during the course of the above-referenced loan, doing any Skip-A-Pay may have an adverse impact as to how a Gap claim is paid by the Gap carrier. The Credit Union will not be liable for any denial of Gap benefits created by Skip-A-Pay products.