Skip-A-Pay

Kick Off the New Year with a ‘Skip’ in Your January Loan Payment!

Looking to offset holiday expenses or take a break from your loan payments for a month? We've got the perfect solution for you!
Take advantage of ABD Federal Credit Union's exclusive offer! You can skip your January payment(s) on your loan(s), providing additional financial flexibility. If you have multiple loans with us, you can choose which payment(s) to skip.

Don't miss this annual opportunity! Check below to see if you qualify!

All ABD Federal Credit Union loans must be current and no more than 30 days past due at the time of Skip A Pay.
Your December payment must be made to qualify for the January Skip-a-Payment.
Interest will keep accumulating during the skipped period, which will lengthen the loan's term.
The program does not apply to VISA, first mortgages, home equity loans, delinquent loans, or loans with balances of $100 or less.
Must pay a $35.00 (per loan account, non-refundable) processing fee.
No extensions have been granted in the past 12 months (rolling).
The initial payment for a new loan must be made and cannot be skipped.

To skip your January payment(s), sign and return the form below, along with the $35 per-loan processing fee, before your loans are due. Alternatively, you can opt to have the Skip-A-Pay fee deducted from your checking or savings account. Please note that during your Skip-A-Payment month, finance charges will continue to accrue on your remaining loan balance(s), and your repayment period will be extended.

To Print The SKIP-A-PAY Form CLICK HERE.

To Fill Out The SKIP-A-PAY Form Electronically CLICK HERE.

The Skip-A-Pay form can be submitted in person or emailed to the Loan Department. For more information or to ask questions, call 1-586-751-4400 to speak with a Loan Officer.