Every year when fall and the holidays roll around, it feels like there’s never enough time to fit in all the preparations and celebrations, much less all the shopping. To help you free up holiday cash, plan a winter vacation or host your own holiday party, we’re bringing back Skip a Payment. November, December or January. You choose.
Members with qualifying loans can skip one monthly loan payment per loan through the end of January. Use the cash to get caught up with bills or fund your weekend getaway!
To initiate your skip, log into online banking and go to Additional Services and select “Skip a Pay” from the options listed below.
Not an online banking user? Give us a call at 800.991.2221 or stop in at any office and we can take care of the request for you.
If your loan is scheduled for automatic payments, please submit your skip request at least 7 days prior to the payment date. Skips will be processed approximately two weeks prior to your payment due date.
*Deferment of payment will extend the life of the loan and may cause an increase in the final payment amount. Offer only available on CONSUMER vehicle or RV loans currently financed with Consumers Credit Union with a maximum of six extensions allowed during the term of the loan, and no prior extensions within the last 3 months. Loans must be current and all accounts in good standing. If your auto loan has GAP insurance, please contact your insurance carrier to determine how a Skip-a-Payment may affect your coverage. Offer subject to approval and does not apply to the first payment of any loan. The fee to skip a payment is $35 for loan payments less than $500; the fee is $50 for loan payments greater than $500.