Skip-A-Payment and put some cash in your Pocket!
You may skip your loan payment twice per calendar year*. A $20.00 setup fee per loan payment skipped will be deducted from your savings or checking account where funds are available.
Understand that interest will continue to accumulate on your loan during the month your payment is skipped. Payments made through direct deposit/payroll deduction will be deposited into your account. All loan payments must be current to qualify for a skip payment. The first six payments of any new loan may not be skipped.
Other restrictions apply, no two skips for two consecutive months. Contact us for more information.