Tight on cash? Take a break.

We all have times where money is really tight. That’s when BSCU’s Skip-a-Pay program* can help our members who have loans booked with us.

You can skip next month's loan payment for a $25 fee per loan skipped per month. A BSCU loan payment can be skipped up to twice within a 12-month period, and they can be consecutive months.

How to Skip-a-Payment

Complete a skip-a-payment application by clicking here. The application must be signed by all applicants (names on the loan) and submitted to BSCU in the month prior to requested skip date.

The $25 fee is due at the time of application.

Important information about your payments:

  • If your loan payment is on automatic payment through BSCU, we will arrange the skip for you in the month selected.
  • If you use BSCUathome Online Banking to make your loan payment, you’ll need to log into online banking to stop and restart the payment yourself. Don’t forget to turn it back on after your skip!
  • If you use Bill Pay from another financial institution to make your payment, you’ll need to log into that Bill Pay system to stop and restart the payment yourself. Don’t forget to turn it back on after your skip!

Apply now to Skip-a-Payment!

*The loan maturity date will be extended by one month for each skipped payment and regular payments will resume after the skipped payment period. Interest will continue to accrue on your outstanding principal balance during the month you skip your payment. Your monthly premiums for credit life and disability insurance will still be added to your loan on the skipped month, if applicable.

The $25 processing fee applies to each skip request. BSCU must receive this completed form in the month prior to desired skip month. Only two skip payments within a twelve month period per loan are permitted. The loan payments must be current prior to skip date. BSCU reserves the right to change the terms of the program without notice. Other term and conditions apply.

Skip-a-Payment is not available on Home Equity Lines of Credit, Home Equity Loans, Mini-Equity Loans, Overdraft Lines of Credit or Visa® Credit Card accounts.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

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Americas Credit Unions