Skip A Payment Eligibility: Must have an open deposit account with Pacific
Marine Credit Union. Membership must be in good standing. Loan has not been
delinquent within the past 12 months. At least 3 consecutive payments on the
applicable loan have been made. Maximum number of “skip-a-pays” varies on
loan type. “Skip-a-pays” may not be consecutive months.
This payment adjustment may extend the term and the maturity date may be different than that on the initial disclosures. Finance charges will continue to accrue on the unpaid balance and, as a result, more interest may be charged due to this payment change. All borrowers on this loan must meet the eligibility requirements and the request must be submitted at least 5 days prior to loan due date.