Holiday Skip-A-Pay is back! Keep extra cash in your pocket for the holidays when you skip your eligible DFCU loan payment during the month of November, December, or January.
What is Holiday Skip-A-Pay?
With Holiday Skip-A-Pay you can apply to skip an eligible DFCU loan payment during the month of November, December, or January without impacting your credit score. Interest will continue to accrue during the month you skip your payment, and the skipped payment will be added to the end of your loan term.
How do I apply to skip my payment?
The application process is simple - complete the Skip-A-Pay request using the form below to get started! The Skip-A-Pay fee is $25.00 per loan, which will be deducted from your DFCU account upon receipt of the application.
What types of loans are eligible for Holiday Skip-A-Pay?
Loans types eligible for a Skip-A-Pay include personal, vehicle and recreational vehicle loans.
What loans are not eligible for Holiday Skip-A-Pay?
Loans that are not eligible include line of credit, overdraft, mortgages, home equity, share & CD secured loans.
Additional information on loan eligibility:
- Loan must be at least 90 days old with timely contractual payments made in order to quality for a payment skip
- Applicant must not have been granted an extension within the previous three months
- Payment skip is applied to either four weekly payments, two bi-weekly payments or one monthly payment for one qualifying month (November, December or January)
- Applications must be received at least five days prior to the due date of the payment that you wish to skip. Other exclusions may apply.