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

Click HERE to view and print Skip-a-Pay Enrollment Form

If the loan(s) you elect to skip is/are paid biweekly, two biweekly payments will be skipped beginning with the first payment due during the month you have skipped. Skipping a payment will extend the original loan maturity date. Skipping a payment and late payment fees may reduce the amount of a Guaranteed Asset Protection (GAP) claim. Please see your GAP policy for complete information. Other restrictions may apply.
Go to main navigation