Holiday Loan Special

Don't stress over your account balances this holiday season, let us help you out with our Holiday Loan Special! Now through January 31st approved applicants are eligible for a personal loan at 6% APR for up to 12 months. Whether you need extra cash to shop for your loved ones or simply want treat yourself (you deserve it) we are here to help!

Click here to apply

 

HOLIDAY LOAN SKIP

As our "gift" to qualifying members, you will be allowed to skip one payment per loan, freeing up some extra cash for the holidays. It is not mandatory that the interest portion of the payment be made, however if you choose to do so please indicate so when completing the form below.

Most loans are eligible. Exceptions may include: loans that have not yet made the first payment, loans that are currently delinquent, current and new Holiday Loans, loans we've force-placed automobile insurance, some loans that have previously deferred payments in 2021, new loans within the last 6 months (or must have made 6 payments), lines of credit (overdraft protection), loans with incomplete loan files (missing proof of insurance, title or other collateral), loans with a history of 3 delinquencies in the past 12 months and loans on accounts with overdrafts or unpaid fees.

Holiday loan skip coupon will be valid on existing loans with payments due November 1, 2021 through January 31, 2022. Submit a Holiday Loan Skip (one for each payment) at least 10 DAYS PRIOR to the scheduled payment; otherwise you may not be eligible until the next month/payment.

HOW TO KNOW IF YOU ARE APPROVED FOR THE HOLIDAY LOAN SKIP?
If you complete the form and are not approved, you will be notified.

REGARDING THE INTEREST ON LOAN SKIPS:
If you skip your payment, finance charges continue to accumulate during the waived payment period and will extend the term of the loan. Please indicate in the drop down box below if you would like the current interest paid. Unpaid interest will accumulate and be added to the loan balance.

ONE FORM MUST BE SUBMITTED FOR EACH PAYMENT YOU WISH TO SKIP

First Name: * 
Last Name: * 
Would you like to pay the interest: * 
Loan Suffix: * 
Due date of payment you would like to skip: * 
Regular payment amount: * 
Comments:

Visit Sallie Mae's website to learn more about financing your education.

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Drive-up Hours

Mon - Thurs: 8 a.m. to 5 p.m.
Fri: 8 a.m. to 5:30 p.m.
Sat: 9 a.m. to 12 noon

Lobby Hours

Mon - Fri: 9 a.m. to 5 p.m.
Sat: 9 a.m. to 12 noon

105 East Cherry Street
Vermillion, SD 57069

Tel: (605) 677-5214
Fax: (605) 677-5449

After Hours Card Issues:
(866) 664-9364

This Credit Union is federally insured by the National Credit Union Administration. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. © Copyright 2021
Vermillion Federal Credit Union

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