The Annual Holiday Skip-A-Payment Program allows you to skip December’s payment on any* QOCU loan to help pay for holiday expenses. The following members or loans are not eligible for Skip-A-Payment:
- Members whose account(s) are not in good standing.
- Home equity loans and credit card loans.
- Loans subject to an extension in the year you apply for the Skip-A-Pay.
- If the Skip-A-Pay convenience fee of $25 per loan is not available in your savings and/or checking account when the application is submitted.
- Loans delinquent within the last 6 months of the date you apply for the Skip-A-Pay.
- Loans with a monthly payment of $100 or less.
- Loans financed after June 1, in the year you apply for the Skip-A-Pay.
- Loans with a balance of $500 or less.
- Loans with collateral protection insurance.
The 2024 Holiday Skip-a-Payment program is now closed. The 2025 Holiday Skip-a-Payment program details will be release in October of 2025.
*See restrictions listed above.
