At BFSFCU, we’re here to help you get through unexpected situations.
With our Skip-A-Pay Program,1 you can now skip up to two payments a year2 on some of your loans with no penalties or late fees
How to Apply
Complete this form and send it to us as secure message in your Digital Banking. We’ll take it from there, and you’ll be on your way to Skip-A-Pay!
1 Member must be a “Member in Good Standing”. (See BFSFCU Share Account Agreement, section 35). All joint account holders must meet the same eligibility criteria as the primary account holder. A Skip-A-Pay request must be received at least five (5) days prior to the loan payment due date. All Skip-A-Pay requests are subject to approval, and BFSFCU reserves the right to decline any Skip-A-Pay request.
2 You can skip no more than two (2) payments on the same loan in any 12-month period. A $20.00 fee will be assessed for each loan payment skipped.
3 Loans that are eligible for the Skip-A-Pay program include: collateralized loans (Vehicle/Boat/RV/Airplane); and unsecured term loans (Personal, Education, Share/Share Certificate Secured, Debt Consolidation and Pension). Loans that are not eligible for the Skip-A-Pay Program include: real estate secured loans (Mortgage, Home Equity, Home Equity Line of Credit, Homeowners); Credit Cards; CU Student Choice Loans; and Line of Credit/Reserve.
Members can skip loan payments for the months of November and December, 2021.