Lenco Credit Union

Lenco Credit Union is offering you a break from your monthly loan payments by skipping a monthly payment. You can skip one payment each for your Auto, Closed End or Revolving Credit Loan payment for one month, either December or January’s payment, and enjoy the extra cash!

Eligible Loans:

• New and Used Auto Loans
• Closed End Personal Loans
• Revolving Credit Loans
• Loan must be open for more than 3 months to be eligible.
• All Loan Payments must be current, no more than 30 days delinquent to be eligible.
• Loan is not eligible if it is currently over the credit limit.
• Loan is not eligible if there is a freeze code present.

Sorry, Mortgages and Home Equity Loans are not eligible.

When Can I Skip A Payment?

• You may skip one December or January payment per loan between December 1st and January 31, 2021.
• No more than 2 skip payments per loan per year (excluding April/May 2020 skip pays)
• No more than 6 total skip payments per loan.

How do I Skip A Payment?

              There is a $15.00 fee per loan for this service. (that must be debited from you Lenco CU account)

View your loan account online, click the SP icon, and follow the instructions
or
Visit our main office at 615 W. Maple or the branch at 1455 E US-223
or
Contact a Loan Representative at 517-263-0851 or email us at lenco@lenco.org

READ LESS