Throughout the year, Pinellas Federal Credit Union offers current loan holders an opportunity to skip a payment. This comes in very handy in times that we need to free up some extra cash.
- $30 per eligible loan
- Excludes accounts and loans that are past due or not in good standing, loans paid ahead more than 30 days
- Eligible after the first 9 loan payments
- Excludes first mortgage loans, Visa Credit Card and loans with active workout/hardship modifications
- Interest continues to accrue during the month the payment is deferred
- Regular payments will resume on the following month’s regular due date
- Skip-a-Pay option can only be used once per calendar year