Your loan and account balances must be in good standing in order to qualify for our Skip A Payment program through the date that the payment is skipped. Your loan must also have been opened for a minimum of three months in order to skip your December 2021 or January 2022 payment. Plus, there is a $25 Skip A Payment fee per loan.
*Loans must be at least 3 months old. Loan must be current (cannot be delinquent). Credit Cards, Mortgages, Home Equity Loans, Line of Credit Loans, Share Secured Loans, Rapid Cash Loans and Balloon Loans are excluded from the Skip-A-Payment program. Excludes loans written to covered borrowers under the Military Lending Act. The skipped payment will be added to the end of the loan and will extend the maturity date of the loan. Interest will still accrue during the time when no payment is due. Any Debt Protection charges will continue to be added to the loan the month the payment is skipped. The Skip-A-Payment application fee of $25 will be added to the loan balance. The charge can be paid at any time. If a scheduled payment for the loan has been set up through Online Banking you are responsible for canceling the Scheduled Payment. Members who utilized Christian Financials’ COVID 90 Day Payment Relief Program are still eligible for Skip a Payment. Contact Christian Financial for full details.