NEED SOME EXTRA CASH FOR THE HOLIDAYS?

I hereby request the option of skipping my December 2008 loan payment.* It is mutually agreed that my December 2008 payment on my loan(s) will be deferred and extended to the end of the original term of this loan.All other terms and provisions of the original loan agreement remain unchanged.

Name _______________________________________Phone Number ___________________________

Account #__________________________ Loan Number(s): 1. ________ 2. ________ 3. ________

Signature of Borrower_____________________________________________

Signature of Co-Borrower___________________________________________

Date ______________________

Please deduct the $25 fee per loan from my�  Share Account�  Checking Account

By signing above, you authorize RCFCU to advance your loan due date by one month, and understand that this may extend the maturity date of your loan.Your next payment will be due in January 2009.You must pay a $25.00 administrative fee for each loan payment that you wish to skip.Interest will continue to accrue during the month you skip your payment and when payments resume the unpaid interest will be collected first.Members must be in good standing and current on all loans to participate.RCFCU reserves the right to refuse any skip a payment request.This form must be returned to the credit union office by November 30, 2008.

*Does not apply to Visa, Home Equity, Home Equity LOC, and first mortgage loans and to any loans newer than 6 months.