Summer Skip Pay

By signing, you authorize Heartland to extend your final loan payment by an additional month. You also agree to repay the entire unpaid balance of your Heartland loan at the rate and terms stated on your original loan agreement, if applicable. Interest will continue to accrue on your loan during the month you skip your payment. Payments made through Direct Deposit/Payroll deduction will be deposited to your share savings account for the month you are skipping your payment. The processing fee, which is per loan, will automatically be deducted from your Share Savings or Checking Account unless otherwise noted above. Any faxed transmission of your signature may be held equally enforceable as your genuine signature. If you have purchased GAP insurance and have skipped more than two payments over the life of the loan, you may have a balance remaining on the loan even after the GAP claim payment is applied. This offer does not apply to payments already posted to your account. Loans must be current at the time of skipped payment and the fee cannot be added to the loan. The fee must be paid before the skip will occur.