Need to cover unexpected expenses this month?
Eligible SPCU members can skip a monthly payment on a qualifying loan for a small fee with no adverse effect on your credit!
Submit a Skip-a-payment request with a $20 fee to skip one regular monthly loan payment.
Requests must be submitted no less than five business days prior to the loan due date. Each Loan Skip-a-payment request will require a separate form.
Loans that qualify for this program include:
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Vehicle Loans
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Recreational Vehicle/Watercraft Loans
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Personal and Shared Secured Loans
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VISA balances
(First Mortgages, Second Mortgages, Home Equity Loans, Home Equity Lines of Credit are not eligible).
Eligibility
To qualify for Skip-a-payment, you must satisfy all of the following requirements:
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All accounts at State Police Credit Union must be in good standing.
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Loan must be current at the time of request
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Request made at least five (5) days prior to the next due date.
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This program is not available on loans during the first twelve (12) months of the loan agreement.
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Two requests maximum per calendar year; you cannot skip two months back to back.
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Maximum of four (4) approved requests per loan term.
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A $20 non-refundable processing fee will be accessed for each request.
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This request must be signed by all persons who signed the original note