Give yourself a little extra breathing room this season by skipping one monthly payment on an eligible loan. A small processing fee applies and interest will continue to accrue.
Approved skips are applied as a due-date extension and are not reported as missed payments. Continue paying other loans as scheduled.
No. Only one Holiday Skip-A-Pay per eligible loan per year is allowed.
Interest continues to accrue. Your loan payoff may take longer and you may pay more interest over the life of the loan.
Mortgages, home equity loans, credit cards, and Member Business Loans are not eligible. Other restrictions may apply.
Skipping a payment does not cancel your obligation. Finance charges will continue to accrue at the contract rate on the unpaid balance. Skipping a payment will extend the term of your loan and may increase the total finance charges paid. All requests are subject to approval and account standing. Program, terms, and fee are subject to change without notice.
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