SKIP-A-PAYMENT

Take advantage of your good standing at SchoolsFirst FCU with Skip-a-Payment and gain the flexibility and freedom to skip a monthly loan payment without impacting your credit rating.

Skip-a-Payment gives qualified Members the convenience of deferring a monthly payment, on select SchoolsFirst FCU auto or personal loans, to the end of the loan.1

Benefits

  • Request a skip if, for example:
    • You have upcoming travel plans, so you can enjoy your vacation without worrying about making your loan payment.
    • You're making a major purchase, like a home or car, to keep much needed cash in your pocket.
    • A death occurs in your family.
  • Available year-round to serve your financial needs.1

Things you should know

  • Requests must be made prior to loan payment due date.
  • Membership must be in good standing.
  • Must have had the loan for at least 12 months.1
  • No delinquencies or deferments within the preceding 12 months.
  • Up to three skips allowed on select auto or personal loans.

How to Participate

Call (800) 462-8328

Monday through Friday, 7 a.m. – 7 p.m.
Saturday, 9 a.m. – 3 p.m.

Visit

ANY SCHOOLSFIRST FCU BRANCH

Disclosures
  1. Subject to approval. Interest will continue to accrue during the skip payment period. Must have made the last 12 consecutive loan payments on time. All loan and share accounts must be in good standing. Valid on select personal and auto loans. Program subject to change or cancellation. Limited to one skip per 12 months.

Related Content