Skip-A-Pay

Unwrap Extra Cash This Holiday Season!

‘Tis the season – to skip a payment on your loans!¹ So, take a payment break and use the extra cash to help pay towards gifts, travel, or festive family meals. Whatever strikes your fancy this holiday season.

With Velocity Community Credit Union’s Skip-A-Pay program, you have the opportunity to defer your November or December payments on qualifying loans for a mere $30¹ per loan. Skip-A-Pay allows you to skip your loan payment on as many consumer loans as you want during the month of your choosing.

It is super easy to do with our online form.

Simply fill out and submit your Skip-A-Pay Coupon all online or click below to print the coupon and turn it into your nearest branch. Then, enjoy the holiday with extra cash. So, ACT NOW – offer ends December 31, 2024. 

Apply NowPrint Coupon

PLEASE NOTE: The electronic signatures for co-borrowers will not work. If you have a co-borrower, please print either the form or the coupon for physical signatures and return to one of our branch offices.

1) All requests to skip a payment must be approved by the loan department. By signing this form you agree to amend the terms of your original agreement and to repay the entire unpaid balance and accrued interest. If you have a co-borrower, they must sign. Personal, Signature, and Vehicle Loans are eligible for this offer. Mortgages, Credit Cards, Home Equity Loans, Student Loans, and Leases are not eligible.

IMPORTANT:

• All Credit Union accounts must be in good standing.
• All loans must be up-to-date and not in a “grace period.”
• There cannot have been any late payments in the last 12-months.
• You cannot skip payments on loans that have been skipped or deferred within the last 12-months.
• Members that have purchased GAP coverage will only be covered for their first skipped payment in
  the event of a claim deficiency. Subsequent skipped payments will not be covered. Contact the Credit
  Union for complete details.