Common use of Acceleration of Loan Balance Clause in Contracts

Acceleration of Loan Balance. Upon default, you waive demand and any notice, including notice of intent to accelerate and notice of acceleration. The Credit Union may declare the entire balance of your loans immediately due, without prior notice.

Acceleration of Loan Balance. Upon default, you waive demand and any notice, including notice of intent to accelerate and notice of acceleration. The Credit Union may declare the entire balance of your loans Loans immediately due, without prior notice.