Postpone Loan Payment Form

This form authorizes Apex to postpone a member payment and alter the original term of the contract extending the final payment date for each postponement done. (One postponement per loan is allowed in each calendar year and there is a $30.00 per loan postponement fee). (MORTGAGE, HOME EQUITY, AND DRIVING SENSE LOAN PAYMENTS ARE NOT ELIGIBLE FOR POSTPONEMENT)

Click here (PDF) for a printable version of this form.

 

Your Information










 

Joint Account Owner Information


 

Postponement Information


Postpone all of my APEX Community F.C.U. loan payments (excluding mortgage home equity and driving sense loan payments).


I have more than one loan with APEX Community FCU but do not wish to postpone all of my payments. Please postpone only the loan(s) listed below:








 

Fee Information

Share Account
Share Draft Account
None. A check will be mailed in

 

Terms

APEX Community FCU reserves the right to deny this request and the member will be notifed in the event that the service could not be provided.

I have either enclosed a check or designated the account from which you are to deduct the postponement fee(s). I understand that doing so will not affect the payment record of my account since the postponed payment will be added to the end of my loan term. Interest will continue to be calculated on the outstanding balance. I also understand that mortgage, home equity and driving sense loan payments may not be postponed.

To postpone your payment(s), this form and the $30.00 fee must be received at the Credit Union office prior to any modification of your original loan agreement. All loans must reflect a due date in the current month in which the request is being made. If your loan payments are being paid by disability insurance, a postponement will not be granted. The Credit Union reserves the right to disapprove any request for postponement. A loan postponement is permitted one (1) time per calendar year. Mail form to the Credit Union at:

APEX COMMUNITY FCU
540 Old Reading Pike
P.O. Box 3179
Pottstown, PA 19464
Or Fax (610) 323-2599


I (we) agree to the above terms.