Government Shutdown Assistance
At Honor Credit Union we know that sometimes life takes unexpected turns that you just can't budget for. The government shutdown is one of those times, and Honor Credit Union is here to support our members through unexpected tough times. Therefore, effective immediately for all of our members effected by the government shutdown Honor Credit Union is offering several financial relief options.
Zero Percent Personal Loan*
- We are offering a 0% interest personal loan equal to the amount of your lost pay
- No payments for 90 days
- You will need to provide your most recent paystub or proof of deposit when you apply
Skip a Loan Payment**
- Don't worry about being late or missing a payment because of the government shutdown
- Keep your credit in good standing
- Use your loan payment money to cover other essential expenses during this difficult time
How to Apply
Stop by a local Honor Branch and mention this offer.
- Call us at 800.442.2800 and mention this offer.
Not a Member?
We would love to have the opportunity to help you achieve financial success. We've been helping members since 1934 and proudly serve over 80,000 members today. We offer competitive rates, one-on-one assistance, and multiple online tools to help you stay in control of your money, including a mobile app and digital wallet solutions. We invite you to Come Be Part of It!
* Personal loan approval is subject to verification and other guidelines as determined.
** To qualify for Skip-a-Payment your account must be in good standing. This means all loans and account balances must be current and in good standing when the Skip Pay Coupon is received by the credit union. Loan must be open for a minimum of (6) months prior to skipping loan payment. (exceptions may be considered for employees affected by the Government shutdown. Verification may be required.) Limit (2) skip pays per calendar year and skipped payments cannot take place in consecutive months. (Exceptions may be considered for employees affected by the Government shutdown. Verification may be required.) Form must be signed by at least one borrower. Real estate, lines of credit, and credit card loans are not eligible for this offer. Limit (8) skip pays per life of any specific loan. There may be a $40 skip pay application fee per loan. If you choose to have the application fee deducted from your credit union account, the funds must be available for withdrawal.
By completing a Skip-A-Payment you are requesting Honor Credit Union to advance the loan due date equal to one month’s payment. You understand that the current balance of the loan is extended by the amount of the payment skipped and that interest will continue to accrue on your loan balance throughout the deferred payment period, which may further extend the term of your loan. If there is more than one borrower on a loan, only one borrower is required to authorize a Skip-A-Payment request.
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