You can skip your payment on your loan with the credit union 2 times in a calendar year in the month of your choosing. Cannot skip two consecutive months. Mortgage, home equity, Visa Credit Cards, and business loans are not eligible.
There is a low application fee of $35.00 per skip request. This fee will be automatically withdrawn from your PSE Credit Union account. Interest will continue to accrue. By skipping one or more payments, the term of the loan is extended.