Skip-A-Pay
Whether you're preparing for holiday shopping, covering unexpected expenses, or simply need extra room in your monthly budget, Skip-A-Pay gives eligible members added financial flexibility.
Apply for Skip-A-Pay Check EligibilityGive Your Budget Some Breathing Room
Skip-A-Pay allows eligible members to skip one qualifying monthly or bi-weekly loan payment(s) during the promotional period. Use the money you save for holiday shopping, travel, home expenses, or other financial priorities.
It's a convenient way to create extra flexibility without taking out a new loan.
Keep More Cash on Hand
Free up funds for holiday shopping, travel, home expenses, or unexpected costs.
Protect Your Budget
Reduce short-term financial pressure while continuing to manage your finances responsibly.
Simple Application Process
Submit your Skip-A-Pay request online during the promotional period and we'll review your eligibility.
Am I Eligible?
Please review the following eligibility requirements before submitting your application.
- Skip-A-Pay applications open October 1.
- Available on eligible monthly and bi-weekly loans.
- Subject to program eligibility requirements.
- Additional terms and restrictions apply.
ℹ️ How Skip-A-Pay Works
Interest Continues to Accrue
Your Loan Term Is Extended
Some Loans Are Excluded
GAP Coverage
Don't Have an Eligible Loan?
Need extra funds for the holidays instead? An MHFCU Christmas Loan may be a great solution for gifts, travel, and seasonal expenses.
Learn About Christmas LoansFrequently Asked Questions
Which loans qualify?
Skip-A-Pay is available only on eligible loans. Certain loan types, including credit cards and home equity lines of credit, are excluded.
Does interest continue during the skipped payment?
Yes. Interest continues to accrue during the skipped payment period.
Will my loan term change?
Yes. Skipping a payment extends the repayment period of your loan.
When can I apply?
Applications are available beginning October 1 during the promotional period.
Can I Skip-A-Pay more than once?
Program limits and eligibility requirements apply. Contact MHFCU for complete details.
How do I apply?
Submit your application online during the promotion period.
Need a Little More Flexibility?
Apply for Skip-A-Pay and enjoy additional room in your budget during the holiday season.
Apply Beginning October 1
