Skip a Pay
If times are feeling tough, and you need a little breathing room in your budget, our Member benefit Skip A Pay might be the right choice for you. We allow Members the option to skip one loan payment per year, with a $25 fee to skip a loan payment. Skip A Pay is available on Consumer Loans. Excluded loan types include Mortgage Loans, Visa Credit Cards, Commercial Loans and Commercial Lines of Credit.
In order to be eligible:
- Members cannot have been delinquent within the past 12 months.
- Loans must have been open for more than six months.
- The Skip A Pay Request Form must be signed by all parties on the Promissory Note.
- The request must be submitted no later than the last day of the 10-day grace period and be approved by HHCU.
Call our Contact Center at 800.865.2612 to set up Skip A Pay.
*Interest will continue to accrue on the unpaid balance during the month you skip your payment, and when payments resume, the unpaid interest will be collected first. No refunds for payments already applied to loan.