Progressions Credit Union

Your Road to Financial Solutions  

September 2021 eNews

  Table of Contents  

                                            IT'S ME 247 UPDATE COMING SOON!

                                            INTERNATIONAL CREDIT UNION DAY

                                            Holiday Skip-a-Pay

                                            WHAT ARE YOUR FINANCIAL GOALS?

                                            COMMON SCAMS TARGETED TOWARD ELDERLY

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TAKE A BREAK FROM YOUR LOAN PAYMENT WITH PROGRESSIONS CREDIT UNION'S SKIP-A-PAY PROGRAM

We know the holidays can be stressful - with all the gift buying, family gatherings, and decorating. Let us help relieve some of the stress by helping you to free up some cash over the holiday season with our Holiday Skip-A-Pay Program on qualifying loans*.

Simply log into your account via It's Me 247 to see if your loan might qualify for a Holiday Skip. If so, simply follow the prompts to finalize the skip and let the stress melt away.

For more information on our Skip-A-Pay Program, click here.

  *To be eligible, your loan may not be a Visa credit card, secured by real estate, or a mobile home, have a term over 96 months or be opened less than 90 days. Two Skip-A-Pay per qualifying loan are allowed per calendar year and both monthly payments may not be skipped back-to-back in consecutive months; this includes Summer & Holiday Skip-A-Pay. To Skip-A-Pay (Skip) you must pay the mandatory fee as stated in the terms of this letter, on/before your scheduled payment is to be skipped. The processing fee on all payments skipped is considered a FINANCE CHARGE as the overall cost of borrowing the money will increase. Interest will continue to accrue during the skipped period. Normal payments resume the month following the skipped payment. Skipping a payment may extend the term of the loan. On the final payment due date, all outstanding principal and interest must be paid. Skipping a payment modifies the loan contract between the borrower(s) and Progressions Credit Union. Please note, skipping a loan payment may affect any Guaranteed Asset Protection (GAP) Claim made under any GAP policy in force protecting your loan.  Your claim amount may be reduced due to the Skip-A-Pay. By agreeing to the Skip-A-Pay, you understand and accept any impact to your GAP coverage. Inquire with the GAP provider directly with any concerns. To qualify for this offer, the member must be in good-standing on all accounts and loans (cannot be more than 5 days past due on any loan with the credit union). The skipped loan may not be classified as a workout or troubled debt restructure. Loans must have had at least one payment made. Loans may not be involved in a bankruptcy or in a consumer debt counseling program. Offer is valid October 17, 2021 and expires December 31, 2021. Other restrictions may apply. This offer is non-transferrable. Skip-A-Pay are subject to credit union approval. All parties to the loan including any cosigner/guarantors must sign this agreement

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the
United States Government  

Our Privacy Policy is available online at Progressionscu.org and has not changed. You may also request a paper copy be mailed to you by calling us at 509.535.0191 or 800.828.8691.  

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  The information contained in this email (the “Content”) is provided for informational and educational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The Content is not intended to be and does not constitute financial, investment, tax or accounting advice or a solicitation to buy or sell securities. The Content is necessarily general in nature and is not specific to you or anyone else.  YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX OR ACCOUNTING ADVISORS BEFORE IMPLEMENTING ANY ADVICE INCLUDED IN THE CONTENT. By viewing or utilizing the Content, you agree that you will not hold Marquis, Inc., Progressions Credit Union or their affiliates or agents responsible for loss or damages resulting from the Content.