Sometimes, you need extra money in your budget. We get it. Our Skip-A-Pay option can help during the summer months!
Summer Skip-A-Pay Rules and Restrictions
Rules:
A $30.00 non-refundable processing fee per skipped payment per loan applies
Loan Payments cannot be skipped within the first six months following the origination date
You may only skip 6 monthly payments during any calendar year, which includes skip a payment requests and loan extensions
To qualify:
Eligibility is subject to Credit Union approval
Must be in good standing
All loan payments must be current
CommonCents Credit Card (if applicable) must be current and within limit
Loans must not have any active disability claims, or legal / collection proceedings pending
Offer is not available on mobile home loans, Christmas loans, vacation loans, credit builder loans, short-term loans or credit cards.
Other restrictions and exclusions may apply.
*For June Skip Requests, application must be submitted by May 24 at 5:00p.m. For July Skip Requests, application must be submitted by June 21 at 5:00p.m.