Skip A Pay

Need to free up some cash? We’ve got you covered.

Free up some funds with Skip A Pay, a convenient and affordable way to “skip” your monthly loan payment.

For just a $25 fee, you may qualify to defer your upcoming loan payment to catch up on other bills or have some extra spending money.

Qualifications for a skip:

Loan must be current
Must be scheduled at least 3 days prior to the due date
Funds for the fee must be available within your TCU checking or saving account
Only 2 skips allowed in a rolling 12-month period

Take a holiday from your loan payment today. Get started with these simple steps:

Log into Online Banking
Tap/click the ‘Skip-A-Pay’ tile
Follow the instructions to schedule your skip

Disclaimer

Loans excluded: Mortgages, Credit Cards, HELOCs, Commercial Loans/Lines, Unsecured Lines of Credit, Loans with balloon payments. Certain restrictions apply. Your skipped payment (including principal and interest) will be added to the end of your original loan term, extending the term by one month for each loan holiday approved.

NOTE: If you have set up loan payments to transfer automatically each month from your TCU (or other financial institution's) account, you will need to turn off the automatic payment for the month you intend to skip.

If you have any form of voluntary insurance or warranty coverage in connection with the loan on which you seek to skip a payment you should ensure your election to skip does not affect your coverage (examples include but are not limited to: Credit Life, Credit Disability, GAP, Vehicle Warranty in Connection with your loan – not manufacturer or other warranty). Some companies that provide these insurance or warranty services limit the number of extensions on covered loans which may include voluntary skip payments. Such products are provided by third party companies and not the Credit Union so you will need to address any questions to those companies and review your policies / contracts.