What Is the Skip-a-Pay Program?
HRCCU allows you to save money with the Skip-a-Pay Program or during holidays by skipping a designated number of loan payments and adding it to the end of your loan term.
Skip-a-Pay Program Eligibility
You are eligible for the Skip-a-Pay Program if you meet the following requirements:
- Your loan must be at least six months old
- If you have an eligible loan
- Your loan must be current and/or 30 days delinquent for the last six (6) months and must not be delinquent more than five (5) days at the time of the request
You may not be eligible if the following is applicable to you:
- If you have had prior loan extensions performed by the Financial Solutions Department
- If the account has been flagged for bankruptcy