It's Your Choice ...
Skip Your December, January or February Loan Payment*
The holidays are approaching and you know what that means – extra
spending! Whether it’s for gifts, travel or other holiday activities,
the money you spend – in addition to your normal expenses – can put a
strain on your finances.
That’s why Cortland Banks is pleased to extend to you some special
holiday cheer – the option to skip either your December, January or
February installment loan payment.*
It's as easy as 1,2,3 ...
1. Contact your
loan officer to see if your loan qualifies.
2. If you qualify, simply indicate on the certificate below, which month you want to skip Dec., Jan. or Feb.
3.
Be sure to bring it into your local Cortland Banks branch at least one day prior to the due date of the payment you’re deferring, along with
a $50 check to cover administrative and processing costs. Or if it is
more convenient for you, just mail your certificate and check. Please
send it to the attention of our Loan Service Department
Use the extra cash for anything you need. Finish your holiday shopping.
Prepare your home for the arrival of family and friends, or purchase a
great gift for someone special – or just treat yourself! Whatever you
choose, enjoy this opportunity with our compliments and very best
wishes for a happy holiday season.
*Depending your loan type: By participating in this program,
either a.) interest will continue to accrue on your loan, prolonging
your loan by one month or b.) interest will continue to accrue on your
loan and your final payment will be more than usual. We recommend you
put the payment coupon for the month you skip in the back of your
payment book as a reminder. Participation is subject to meeting program
qualifications. Participants may only skip one payment month in
December, January or February. Please contact your loan officer for
further details.