Open-ended loans (including credit cards and Express Lines of Credit) and loans secured by real estate are not eligible. At least six payments must have been made since the loan was established. Only one payment skip is allowed in any 12-month period. Loans 30 days or more past due are not eligible. Any late fees due must be paid in conjunction with this transaction. Subject to underwriting approval.
Note: By skipping a payment, interest will continue to accrue, and your loan payoff will be extended by approximately one month.
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