GAP Insurance: GAP Insurance will not cover any deferred payments on your loan.
1 A portion of the deferment fee will be donated to local area charities and/or nonprofits and wildfire relief.
2 Monthly payments will be the next due date between October and December. Bi-weekly scheduled payments will defer the next two bi-weekly payments; weekly scheduled payments will defer the next four weekly payments.
3 Member must have made at least six consecutive monthly payments “as agreed” on the loan being skipped. All Sacramento Credit Union accounts must be in good standing. First Mortgages, Equity Loans and Lines of Credit, Visa Credit Cards, Personal Lines of Credit and previously modified loans are not eligible. Limited- time offer valid to November 30, 2021. This offer is only available by submitting the Online Form above.
If there is not enough funds to cover the fee, the fee will be added to the loan balance. Adding the fee to the loan balance could result in additional finance charges and extend the maturity of your loan.