Skip-A-Payment

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Program Features

Expand Your Budget by Postponing Your Payment

Skip your loan payment for one month on selected loans* and use the money for vacation, holidays and personal expenses.

  • A $25 fee will apply for each skipped loan payment. The fee will be added to the loan balance, or taken from your savings or checking account.
  • In order for a loan to be eligible for a skip payment, the first payment must be made and other restrictions may apply.
  • Your monthly payment will resume on the regular monthly due date after the skipped payment period.
  • The interest on the loan continues to accrue, and all other terms and provisions remain unchanged.
  • In accordance with the Service Members Civil Relief Act (SCRA), the fee will not be charged on protected accounts.

Download the Form

*Ineligible loans include but are not limited to; long-term mortgages, personal lines of credit, and Visa credit accounts. Ask a representative for further details.

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