Make your Holidays Brighter with Skip-A-Pay
The holiday season is upon us, and it’s no secret that it can be a time of financial stress. Between buying gifts, preparing festive meals, and celebrating with those we hold dear, our wallets can feel the pinch. But here’s some great news! With Providence Federal Credit Union’s Skip-A-Pay program, you might be able to postpone your loan payments for November 2024, December 2024, or January 2025.
Imagine what you could do with that extra cash! Whether you have one loan or several, you may be eligible to skip a payment for each this holiday season.*
Spreading holiday cheer is easy as 1, 2, 3
Embrace the joy of the season without financial worry. Take advantage of this special offer and make the most of your holidays. Click below to apply online now.
You can even apply for Skip-A-Pay through our online banking or mobile banking app. Simply follow these easy steps:
- Log in to the PFCU Mobile App or Online Banking.
- Select More Services.
- Click Skip A Loan Payment.
- Fill in the information and submit.
Should you have any inquiries, our member care team is ready to assist you. You can reach us at (888) 849-5189, chat with us live, or send us a message using our contact form. Wishing you a joyous and stress-free holiday season!
*All requests are subject to approval and Credit Union membership is required. Qualified loans to skip are: Auto, Visa Credit Card, Personal, and Personal Lines of Credit. Not valid on Mortgage, Home Equity, Home Equity Lines of Credit, Student Loans, Care Worker, Payday and Relief loans. You and all of your loans must be in good standing with the Credit Union. Interest will continue to accumulate on your loan during the month you skip your payment. The length of your payments will be extended by one month. Payments made through Payroll Deduction or Direct Deposit will be deposited into your Savings Account. You must have made at least six (6) months of consecutive payments on your loan and have no late payment greater than 30 days. All loan payments must be current to qualify. Members are limited to two (2) extensions per calendar year per loan, with a minimum of 60 days between each skip-a-pay. The $30 processing fee per loan will automatically be deducted from your PFCU Savings or Checking Account unless proper payment has been sent. The following months qualify for skips: November 2024, December 2024, or January 2025.
Please read if you have an automatic (ACH) payment: If you have an automatic (ACH) payment that comes from another financial institution and we did not originate the ACH, please be sure to contact your financial institution to suspend your payment for the skipped month. If it’s set up through your PFCU Online Banking, simply go in and cancel the ACH, then reset it back.