Skip-A-Pay

Skip Your January Loan Payment!

Are you looking for a little extra money to help after the holidays? Congratulations, you’ve found it!

You are invited to skip your January payment(s) on your loan(s) at ABD Federal Credit Union! If you have more than one loan with us, you may choose which loan payment(s) you would like to skip for the month! To qualify for the program, you must meet the following criteria:

All ABD Federal Credit Union loans must be current, no more than 30 days past due at time of Skip A Pay.
Your December payment must be made in order to qualify for the January Skip-a-Payment.
Interest will continue to accrue during the period to be skipped, which will extend the term of the loan.
Program does not apply to VISA, First Mortgages, Home Equity loans, delinquent loan(s), loans with balances of $100 or less.
A $35.00 (per loan account-non-refundable) processing fee to Skip-A-Payment.
No extensions in the past 12 months (rolling).
First payment on a new loan cannot be skipped.

To skip your January payment(s), just sign & return the form below and pay the $35 per loan processing fee before your loan(s) is due. You can also request the Skip-A-Pay processing fee(s) to be deducted from your checking or savings account. Please note that during your Skip-a-Payment month, finance charges will continue to accrue on your outstanding loan balance(s) and the repayment length will be extended.

To Print The SKIP-A-PAY Form CLICK HERE.

To Fill Out The SKIP-A-PAY Form Electronically CLICK HERE.

Skip-A-Pay form can be submitted in person or e-mailed to the Loan Department. For more information or if you have questions, call 1-586-751-4400 to speak with a Loan Officer.

Make recovering from the Holidays a little bit easier with SKIP-A-PAY!