Credit Union 1's Skip-a-Pay program allows you to postpone one month's loan payment without the need for a double payment the following month. Essentially, we add your skipped month on to the end of your loan. This benefit can help you keep a month's loan payment in your pocket, when money is tight!
- The cost of a Skip-a-Pay is $30, and it's important to note that interest continues to accrue on your loan during the skipped month.
- CU1 members are allowed to "skip-a-payment" on their loan two times per year, with a maximum of six skips during the life of that particular loan.
If you have additional questions about the qualifications of our Skip-a-Pay program, please give us a call at (907) 339-9485.
- Sign in to Online Access.
- Click the More widget on the left hand side.
- Select Skip-a-Pay.
Please note: If you have a recurring payment scheduled via Online Access or another financial institution, this payment will process unless canceled/altered by you.