If your income drops below a specific threshold outlined in your Credit Agreement, you can apply for a Payment Pause.
If you qualify, Plumeria will pause your payments and your interest also stops accruing! You can apply for a Payment Pause after any qualifying income drop – whether it is due to a loss of employment or some other unexpected reduction in pay. Specific terms apply.
To review all of the details on Payment Pauses, including qualification requirements, review your Credit Agreement and Income-Based Repayment Schedule. If you have any questions, email us at plumeria@acct-admin.com or call us at 800-419-2118.