If you or your family have been impacted by COVID-19, and need financial support, Honor Credit Union is here to help with our Financial Relief Package to help you and your business.
The Financial Relief Package includes:
- Skip-A-Payment on Auto Loans, Credit Cards, Personal Loans and More*
- 90 Days No Payment on any refinanced loan**
- Here 2 Help Loan up to $3,000 with a fixed rate of 7.99% APR***
- Business Loan Payment Relief
- Mortgage and Home Equity Payment Relief
- Temporary Fee Changes
We understand that the scope of impact may include areas outside of your control and Honor team members are ready to provide financial guidance and discuss solutions that may be available to you. Visit honorcu.com/coronavirus to learn more.
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.
**Three-month Deferment Offer: Interest will accrue during 90-day deferment period. First payment must be made beginning in the 4th month, on the due date disclosed in the loan agreement. Certain restrictions apply. Subject to credit approval. Limited time offer. Insured By NCUA.
***$3,000 maximum loan amount. All approved loans will receive fixed rate of 7.99% APR. Monthly payment on $2,000 loan at 7.99% APR for 18-month term would be $118.27. Subject to credit approval. Limited time offer. Insured By NCUA.