Our Skip-A-Payment can help give you extra cash when needed…
Our Skip-A-Payment program allows you to skip a qualifying loan payment. Members can apply to skip (4 ) consecutive weekly, (2) consecutive Bi-weekly or (1) monthly loan payment every 12 months.
Loan types eligible for a skip are: unsecured, new and used vehicles, share secured, new and used recreational vehicles and secured loans.
If you are requesting a Skip-A-Payment on a loan that has GAP coverage, please review your GAP contract as you may jeopardize any future GAP coverage claim in the event of a total loss of the covered vehicle.
All borrowers/guarantors who signed the original agreement must sign the skip form.
For best results, verify eligibility with a UHS Employees Federal Credit Union representative prior to submitting your Skip-a Payment Form. The first loan payment may not be skipped. During your Skip-A-Payment month interest will continue to accrue at the prevailing interest rate. There is a $20.00 fee for each Skip-A-Payment per loan, that does not apply towards interest or principal on your loans.
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