All skip-a-pay requests are subject to credit union approval. You will only be notified by mail if your request is denied. For payroll deducted payments, the funds will be applied to your share (savings) account for the skip dates. There will be a $25 processing fee PER LOAN skipped. Funds must be available in your savings/checking account to qualify for Skip-A-Pay. If the funds are not available in your savings/checking account the skip-a-pay request WILL NOT BE PROCESSED. By signing the form below you are giving BCCU permission to withdrawal the processing fee(s) from your account.
BCCU reserves the right to decline skip payment requests at our discretion. Loans excluded from this offer include Mastercard credit cards, 2nd Chance loans, Credit Builder loans & Real Estate loans. Please note that if you choose to accept the Skip-A-Pay, the life of your loan(s) will be extended to make up for the skipped payment/s. Finance charges will also continue to accrue on the unpaid balance and the total amount of interest paid for the life of the loan will be greater. If GAP was purchased, skipped payments may cause a shortage in coverage. The primary borrower must be the person requesting the skip payment.
Skip A Pay Form