The holiday season is a time for celebration, but it can also bring financial challenges. With gift shopping, travel expenses, and holiday activities, it’s easy to feel the strain on your budget. If you’re finding it difficult to keep up with monthly payments during this busy time of year, Frontier Credit Union’s Skip-A-Pay could be the solution you need to give yourself a little extra breathing room.

What is Skip-A-Pay?
Frontier Credit Union’s Skip-A-Pay Program allows you to skip up to two monthly payments in a 12-month period on certain loans. This option is designed to provide financial flexibility, giving you a break from your regular loan payments when you need it most—especially during the holidays when expenses can quickly add up.

How Does it Work?
The process is simple and easy. If you’re eligible, you can request to skip a monthly loan payment, allowing you to free up some cash for holiday shopping, travel, or other seasonal expenses. The Skip-A-Pay option is available for most types of loans, including:

To use Skip-A-Pay, simply login to Online Banking or the mobile app and under payments select skip a payment. Select an eligible loan and the month you want to skip, and you are all set. You can also visit your nearest branch or give us a call at 800-727-9961.

Although you won’t make a payment for that month, interest will continue to accrue on your loan. Your skipped payment will be added to the end of your loan term, meaning your loan term will be extended by one month. This allows you to stay on track without penalty.

Who is Eligible for Skip-A-Pay?
Members with loans in good standing are typically eligible for Skip-A-Pay. To qualify, your loan should meet the following criteria:

  • No past due payments on your loan.
  • Account must be in good standing (no delinquencies or defaults).
  • Loan must be a qualifying product, such as auto, personal, or RV loans.

Eligibility may vary depending on the type of loan, so it’s always a good idea to check with Frontier Credit Union to see if your loan qualifies for the program.

Why is Skip-A-Pay Perfect for the Holidays?

  1. Extra Cash for Holiday Expenses: Skipping a loan payment gives you a bit of extra money to cover these expenses, reducing stress and helping you enjoy the holidays without worrying about your finances.
  1. No Impact on Your Credit: Participating in the Skip-A-Pay program won’t affect your credit score. As long as your loan is in good standing, you’ll avoid any negative marks on your credit report.
  1. Flexibility When You Need It Most: Skip-A-Pay allows you to enjoy the holidays without the pressure of keeping up with regular loan payments.

The holidays are a time for joy, not financial stress. Frontier Credit Union’s Skip-A-Pay offers a simple way to manage your loan payments and give yourself a little extra financial flexibility when you need it most.