Holiday Skip-a-Pay

Skip, Sit Back and Relax!

Skip-A-Pay is a program that allows you to skip one or more of your eligible loan payments.

Holidays are meant to be joyful and yet November, December and January are known to be the most financially stressful months of the year! Planning holiday travel, buying gifts, mailing cards and organizing Thanksgiving, Christmas and New Years parties, all can break anyone’s budget at the end of the year. It also means starting the New Year off with financial difficulties.

Air Force FCU wants to alleviate your financial stress! This is why we offer the Holiday Skip-a-Pay program, which allows members to skip-a-payment without any penalties for one month.

The application process is very simple. Just complete the Skip-A-Pay form and then return the completed form to us! The quickest and easiest way is to apply online by logging into your account via CyberMAT Home Banking.

This promotion ends on January 31, 2018.

Apply Today!

Terms and Conditions

All requests are subject to approval. Your loan(s) must be in good standing: Not delinquent, we must have up-to-date insurance information with Air Force FCU listed as loss payee, not awaiting documents to complete title work, etc. If the previous month’s payments are not complete, you may still be approved; however, the due date change will not be completed until all the previous month’s payments are made.

Eligible loans are those loans that have made a minimum of four (4) full monthly payments with a satisfactory payment history. The following loans are NOT eligible for Skip-A-Pay: VISA®, Redi-Credit, Mortgage, Home Equity, Home Improvement, Real Estate, Purchase Money Second, Single Payment, Lease Loans, PAL (Payday Advantage Loans), IFS Insured Auto, Bridge, Courtesy Pay, Share and Share Certificate Secured Loans.

This offer is valid for one monthly payment due in November or December or January only.

In the month you choose to skip, the Holiday Skip-A-Pay is equal to:

  • One payment for monthly payment frequency
  • Two payments for semi-monthly and biweekly payment frequency
  • Four payments for weekly payment frequency

Therefore, you may still have a payment due in the month depending how your payments fall.

Requests should be received at least 10 days prior to your due date in the month that you wish to skip.

If the request is not received 10 days prior to the due date, skip payment may not be approved without requiring additional paperwork. We must receive all requests in time for us to reasonably act upon the request. We are not responsible for payment(s) processed where we did not have time to reasonably act upon the request.

Important: If you have GAP coverage on your vehicle loan, please review your GAP contract closely as it may not cover skipped payments.

There is a $25.00 processing fee per request. The $25.00 will be charged to the loan you request to skip, whether it is approved or denied.

By signing the Holiday Skip-A-Pay form or agreeing to the terms through CyberMAT, you are agreeing to the terms and conditions and you understand that finance charges will continue to accrue on a daily basis on your loan and your authorization amends the original loan agreement, which may change the total loan amount and schedule of your payments. This offer expires January 31, 2018.