Active Clients

Life Event Payment Deferment Plans

If you are experiencing one of the following qualifying events:

  • Involuntary Unemployment
  • Disability
  • Hospitalization
  • Death of Family Member
  • And More

You may apply to have your upcoming due dates delayed (deferred) for up to the maximum period listed on our Deferment Plan Document.

Deferred payments are moved to the end of your loan, which stretches out your final due date. Interest continues to accrue during deferment. No late fees are charged during deferment. Any payments made during this time are allocated to the next scheduled payment.

To qualify for Payment Deferment, you must complete and submit the Deferment Application and provide one piece of acceptable evidence of the qualifying event you are experiencing.

To download the Life Event Payment Deferment Application, use the button below.

Click Here To Download Application

Ways To Pay

Automatic Bank Payments

Set up automatic payments from your bank account (ACH). In order to set up this method of payment, call us at the number below.

(606) 436-0497

Over The Phone

Make a payment over the phone using your checking or savings account. Payments will be scheduled for the following business day.

(606) 436-0497

By Mail

Mail a check made out to “Redbud Financial Alternatives” to:

Redbud Financial Alternatives
PO Box 7363
Hazard, KY 41702


Bring your payment (check or exact change) to the Redbud office. The office is located in the Housing Development Alliance building across from the Mother Goose building at:

2871 North Main Street
Hazard, KY 41701