Skip-A-Pay
Give your budget a break this holiday season with Skip-A-Pay.
Take a breather from your loan payments and focus on what really matters this holiday – family, joy, and peace of mind.
Enjoy more financial freedom this holiday season with Four Points Federal Credit Union’s Skip-A-Pay program! Eligible members can delay one loan payment by one month and use that extra cash to enjoy the season. Whether you’re planning a getaway, holiday shopping, or just preparing for end-of-year expenses, we’ve got you covered.
HOW IT WORKS:
- The next available due date on your loan will be delayed, as long as your request is submitted at least 3-4 days before your incoming payment.
- Members can “skip” an eligible loan payment once per year, per loan.
- Interest will continue to accrue at the normal rate.
EXCLUSIONS:
- Excludes loans secured by real estate, credit cards, lines of credit, and single-payment loans.
- Requests for future month payment skips cannot be processed.
HOW TO APPLY:
- Download and complete the Skip-A-Pay form.
- The $30 processing fee can either be enclosed with your application or debited from your Checking Account.
- Email the completed form to contact@fourpointsfcu.org
Disclosures
Some exceptions and restrictions may apply. This program excludes loans secured by real estate, credit cards, lines of credit, and single payment loans. To qualify for this offer, your account must be in current standing. Each skipped payment is subject to a $30 processing fee, per loan. See the official Four Points FCU Skip-A-Pay form for complete details and account eligibility. One skip payment is allowed per calendar year. Interest will continue to accrue on the principal balance which may result in additional payment. The payment will resume the following month and continue until the loan is paid off. If funds are not on deposit at Four Points to pay the skip fee, separate payment must be enclosed with application. The skip payment will not be processed if the fee is not paid.
