Skip a pay Part II: Closed-end loans
As credit unions continue to find ways to help their members through these challenging times, skip a pay remains a hot topic in NAFCU’s compliance inbox. I addressed the rules for open-end credit in [...]
Posts Tagged ‘skip-a-pay’
3 steps to generate fee income by improving your holiday skip-a-pay process
Because it’s the holiday season, many credit unions offer a holiday skip-a-pay promotion. However, from our ongoing research and analysis of credit union websites, the majority of credit unions require a member to download, [...]