Skip your loan payment for one month due to temporary layoff or unexpected expenses.
There is a $20 fee per loan. Complete a Skip-A-Pay and return it to the credit union. Interest continues to accrue during the Skip a Pay period and the payment will be added to the end of your loan.
- Use Skip a Pay once per year and three over life of loan
- Does not apply to real estate loans, savings secured loans and Personal Lines of Credit.
- Once processed, it cannot be canceled and the fee is non-refundable.
If you have a question regarding your loan and qualification, call us at 952-887-8012 or 1-800-525-0051.