To qualify for the program the following conditions apply:
1. Any borrower on a loan can request a skip; however, your membership must be in positive standing.
2. To be eligible, loans must:
- Have been open for at least 180 days
- Have had at least 6 monthly payments
- Be no more than 14 days past due at time of request
- Have had no more than 1 payment 30 days delinquent within the past 6 months.
3. Eligible loan types include Auto, Recreational, Boat, Motorcycle, Personal RV, RV, Share Secured, and Personal Loans.
4. This offer is NOT applicable to mortgage loans, home equity loans or lines of credit, or credit cards.
5. Requests must be received at least two (2) business days before the payment due date in order to address any payment automation.